Medical economics

Health insurance premiums dropped? Not so fast

The latest Consumer Price Index report showed inflation slowing in October, due in part to a supposed 34% drop in the cost of health insurance from the same time last year. That left many people scratching their heads, since ...

Medications

The cost of prescription drugs—a comparison of two countries

In the United States, the cost paid for statins (drugs to lower cholesterol) in people under the age of 65 who have private insurance continues to exceed comparable costs paid by the government in the United Kingdom (U.K.) ...

Health

What would happen if U.S. hospitals openly shared their prices?

Imagine there was a store where there were no prices on items, and you never knew what you'd pay until you'd picked out your purchases and were leaving the shop. You might be skeptical that the store would have any incentive ...

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