Generic drugs have saved $734 billion to US health system over 10 years

The Hatch-Waxman Act passed in 1984 to hasten the introduction of generic competition into the pharmaceutical market. According to an analysis from IMS Health, $734 billion have been saved in the past 10 years through the use of generic pharmaceuticals.   $121 billion was saved in 2008 alone, based on the IMS data, published in […]

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Can GE bring good things to life and health once again?

Here’s a riddle that appeared in today’s Wall Street Journal and The New York Times:“It’s the most valuable thing on earth. All the money in the world can’t buy it. Those who have it don’t always appreciate it. Those who’ve lost it will do anything to get it back. What is it?” Readers of Health […]

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The inextricable link between health and education

Education leads to health. The link could not be clearer, based on a report from the Robert Wood Johnson Foundation (RWJF), Reaching America’s Health Potential: A State-by-State Look at Adult Health. This report follows up RWJF’s look into children’s health published in October 2008, Reaching America’s Health Potential Starts with Healthy Children: A State-By-State Look. […]

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Lower copays and health engagement: the latest from EBRI

In an era where employers and benefit plans are embracing consumer-driven health plans and health reimbursement accounts, enrollees have seen their out-of-pocket costs for health care increase. Higher cost burdens have led to many health consumers to behave as, well, consumers — self-rationing themselves off of various health services to conserve health spending. Most Americans […]

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The recession is causing people to cancel visits to physicians

In this recession, the first health line item that Americans are eliminating from their budgets is visits to physicians. It’s clear that the economic downturn is forcing American health citizens to re-evaluate their demand for health services. Thomson Reuters’ latest survey into consumer health behavior, The Current Recession and Healthcare Consumers, examines these changed behaviors […]

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