Medical Costs in the News

In The News

5 Reasons Why An $89,000 Drug Has Congress Fuming

(Kaiser Health News, 2-16-17)

The latest flashpoint in the ongoing debate over high drug prices is Emflaza, an $89,000-a-year drug that treats Duchenne muscular dystrophy.

U.S. Healthcare Costs to Escalate Over Next Decade: Government Agency

(The New York Times, 2-15-17)

The cost of medical care in the United States is expected to grow at a faster clip over the next decade and overall health spending growth will outpace that of the gross domestic product, a U.S. government health agency said on Wednesday.

Why America’s health-care spending is projected to soar over the next decade

(The Washington Post, 2-15-17)

U.S. health-care spending grew 4.8 percent last year, as the country has emerged from a period of historically low health spending growth, according to new federal estimates.

Former FDA chief cites five things to watch for on drug approvals and keeping medications safe

(Modern Healthcare, 2-11-17)

The just-departed commissioner of the Food and Drug Administration has concerns about plans to speed up drug approvals and dramatically reduce regulations at the agency, as advocated recently by President Donald Trump.

Sicker-Than-Expected Obamacare Enrollees Causing Market Turmoil

(Bloomberg BNA, 2-10-17)

Sicker-than-expected Obamacare enrollees caused many insurers to lose money and leave the exchanges, increasing premiums for remaining enrollees.

One chart shows just how devastating healthcare costs are for American families

(Business Insider, 2-9-17)

Out-of-pocket healthcare costs in the US areamong the fastest-growing expensesfor Americans, and they can be devastating.

A drug company hiked the price of a lifesaving opioid overdose antidote by 500 percent

(Vox, 2-3-17)

In 1971, the Food and Drug Administration approved the first drug that could reverse a heroin or opioid overdose. More than 40 years later, makers of this drug, callednaloxone, are cashing in on the nation’sopioid painkiller and heroin epidemicand price-gouging consumers.

You might need nearly $350,000 to pay for health-care costs in retirement

(MarketWatch, 2-2-17)

When you have your health, your health-care costs in retirement will be high. And when you do not have your health, those costs will be even higher.

A Third of Americans Are Still Struggling to Find Affordable Healthcare

(Bloomberg, 2-1-17)

Uninsured rates in low-income families have fallen under the Affordable Care Act, yet more than a third of Americans continued to face difficulties paying their medical bills in 2016, a survey found.

The U.S. spends more on health care than any other country. Here’s what we’re buying.

(Washington Post, 1-27-17)

American health-care spending, measured in trillions of dollars, boggles the mind. Last year, we spent $3.2 trillion on health care — a number so large that it can be difficult to grasp its scale.

8 ways consumers can control their personal healthcare costs.

(The Hill, 1-26-17)

Everyone talks about how healthcare costs are rising. But there are ways for you to control your healthcare costs. Here are eight such ways.

U.S. Health Care: Highest Costs; Not Highest Results.

(The Wall Street Journal, 1-25-17)

With Congress now reconsidering rules affecting the U.S. health-insurance system, it’s worth taking a look at what lawmakers are up against: an expensive health-care network that doesn’t deliver the best results to the most people at the lowest cost.

Blame Technology, Not Longer Life Spans, for Health Spending Increases.

(The New York Times, 1-23-17)

American life spans are rising, and as they are, health care spending is, too. But longevity is not contributing to the spending increase as much as you might think.

We asked pharma executives the one question they didn’t want to hear about drug pricing.

(Business Insider, 1-23-17)

It’s shaping up to be another rough year for the drug industry.

Faced With Unaffordable Drug Prices, Tens Of Millions Buy Medicine Outside U.S.

(Kaiser Health News, 12-20-16)

As drug prices have spiraled upward in the past decade, tens of millions of generally law-abiding Americans have committed an illegal act in response: They have bought prescriptions outside the U.S. and imported them.

Drugmakers await FDA guidance on ‘off-label’ uses of medicines

(The Hill, 12-19-16)

Doctors commonly prescribe drugs to treat conditions the medications weren’t designed for, but for drugmakers, discussing such “off-label” uses can lead to trouble.

A Blueprint for Measuring Health Care Outcomes

(Harvard Business Review, 12-12-16)

The starting point for achieving value in any health care system is to measure outcomes.

Health Care Spending Spiked to $3.2 Trillion in 2015

(Yahoo News, 12-04-16)

The pace of U.S. health care spending picked up slightly last year, reaching a total of $3.2 trillion or $9,990 per person in the country. While a number of factors were at play, the increase was largely due to expanded coverage of individuals who signed up for Obamacare or who took advantage of a major expansion of Medicaid, according to a new study released on Friday.

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