Secret pricing spikes US healthcare costs

Washington (AFP) – Secret pricing is making healthcare in the United States more expensive than ever, leading costs to triple in the past two decades, experts said Tuesday. Overall, US healthcare costs now account for nearly 18 percent of gross domestic product (GDP), twice the amount spent by Japan, Ireland and Sweden where people are generally healthier and live longer. … Read More

Drug company says it will stop paying doctors to promote drugs

from the Newe York Times, published December 17, 2013: December 16, 2013 — The British drug maker GlaxoSmithKline will no longer pay doctors to promote its products and will stop tying compensation of sales representatives to the number of prescriptions doctors write, its chief executive said Monday, effectively ending two common industry practices that critics have long assailed as troublesome … Read More

One question could save thousands of dollars

Health care costs and the concerns by both patients and physicians alike are becoming more commonplace as more information comes out about the expense of services, including pharmaceuticals. With new cancer drugs priced as high as $10,000 a month and more, and insurers tightening payment rules, patients who thought they were well covered increasingly find themselves having to make life-altering … Read More