Pelosi’s Drug Price Controls Are Dangerous—But So Are Trump’s
Forbes | Sally C. Pipes
January 31, 2020
These price controls—enforced by referencing the prices in the six countries—could reduce drug companies’ revenues by $1 trillion over the next decade, according to the Congressional Budget Office. And since drug firms generally devote 15 to 20 percent of revenues to creating new medicines, that means they’ll spend about $200 billion less on research and development. |
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Now an Amazon.com #1 bestseller among policy books (health law books).
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While Americans pine for ‘Medicare for all,’ Canadians look for US-style private insurance
The Washington Examiner | Sally C. Pipes
February 3, 2020
That majority would be wise to take a look across our northern border. Waits for care in Canada’s government-run health insurance system, the closest analog to “Medicare for all” in the world, are spiraling. The remedy for those waits, according to a new report from the Vancouver-based Fraser Institute? A dose of U.S.-style private insurance.
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American health care needs more competition, not less, to bring down prices
The Tennessean | Sally C. Pipes
February 3, 2020
Hospital systems have steadily bought out their competition. Consider one recent study from the Health Care Cost Institute, which analyzed hospital markets in 112 metro areas in 43 states. Between 2012 and 2016, the hospital markets in more than two-thirds of these areas grew more concentrated. By 2016, 72% of metro areas qualified as “highly concentrated,” meaning that just a handful of hospital systems handled nearly all admissions in the area.
Read more. . .
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States Should Not Resurrect The Individual Mandate
Forbes | Sally C. Pipes
February 3, 2020
The individual mandate was, unsurprisingly, enormously unpopular. Six in ten Americans had an unfavorable view of it from essentially the moment it was enshrined into law, according to polling from the Kaiser Family Foundation. The public saw it as an unprecedented intrusion into their personal lives. Never before had the federal government forced private citizens to purchase a particular good.
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