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Category Archives: Health
Latest From Health
PwC Report Finds Medicines Still Small Share of Overall Health Spending
A new report from PwC’s Health Research Institute, Medical Cost Trend: Behind the Numbers 2017, offers evidence that medicines continue to represent a small portion of overall healthcare spending. The report highlighted that half of all medical costs come from hospital spending: 30 percent from hospital inpatient and 19 percent from hospital outpatient. Physicians account for another 30 percent, while prescription drugs account for 17 percent. With this breakdown comes the warning that it is Read More >
BIO Urges States to Use CMS Grants to Combat Discrimination by Health Plans
On June 15, the Centers for Medicare and Medicaid Services (CMS) announced $22 million in Affordable Care Act (ACA) funding for state insurance departments. The Agency’s announcement noted that States are meant to utilize the funding to ensure that plans comply with “key consumer protections,” listing among them: essential health benefits, preventive services, parity in mental health and substance use disorder benefits, appeals processes, and bringing down the cost of health care coverage (also known Read More >
First Zika Vaccine Ready for Human Trials
Earlier this week, we learned a welcome piece of good news in the ongoing Zika epidemic. Biotechnology companies have been stepping up to the plate to develop technologies to fight back against the virus, and now the first potential vaccine for the virus has received FDA approval to begin clinical trials. As reported in the Washington Post: Pennsylvania vaccine maker Inovio Pharmaceuticals and South Korea’s GeneOne Life Sciences said Monday that they had received approval Read More >
NYTimes Reports Insurers are Struggling, Their Own Data Says Otherwise
The New York Times’ Reed Abelson yesterday reported on the plight of insurers who are supposedly losing money thanks to the Affordable Care Act (ACA) and asks the existential question: “Can insurance companies run a viable business in the individual market?” In short, yes. More broadly, most insurers are not just “viable.” They are thriving. Despite what insurance companies may say in print, the financial data paints a different picture. In the age of the Read More >
World FSHD Day
This June 20th is the first-ever World FSHD Day, a day designated by an international alliance of advocacy groups to raise awareness of facioscapulohumeral muscular dystrophy (FSHD). Participants from across the globe will come together over social media and in various activities to raise awareness for FSHD, one of the most prevalent forms of muscular dystrophy. Few have heard of FSHD. It’s a genetic condition that weakens muscles, typically starting in the face, shoulder blades, Read More >
