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28Dec, 2015

America’s Unique Drug Problem

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We in the U.S. spend more on prescription drugs than any other country on earth. Put another way, we spend per capita more on pharmaceuticals alone than the following countries spend in TOTAL on healthcare (normalized in U.S. dollars) – Ukraine, Peru, Iran, Columbia, South Africa, Mexico, Poland and Russia. This brings an interesting perspective. In 2014, U.S. drug spending was up 12.2%; however, actual out-of-pocket spending for prescription drugs is actually down 14% since 2007. Where is this difference being spent? Government and private insurance programs. The argument is […]
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2Dec, 2015

Who Pays For Healthcare?

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As I reach another personal birthday, I look back at over half a century of personal experiences. Not so out of reach is my passion for healthcare, and that is prompting this discussion of what has happened to healthcare in the U.S. over that period. Recently the California Healthcare Foundation (www.chcf.org) published an incredibly interesting dynamic and informative report on healthcare cost, and the changes in cost and payments from 1960 to 2013 with some projections in to our current year. Wow! I urge anyone interested this industry to check […]
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