The Fallacy of Medicare for All

Presidential candidate and self-described Democratic socialist Bernie Sanders currently leads the New Hampshire polls for the Democratic nomination while campaigning on a platform that calls for Medicare for All. Senator Kamala Harris and some other Democratic presidential candidates are jumping on board the Medicare for All bandwagon, which would extend the government-run health care insurance […]

AstraZeneca Will Pay Up to $6.9 Billion for Rights to Japanese Drugmaker’s Cancer Drug

AstraZeneca is aiming to expand its presence in the oncology industry with a new drug rights acquisition. The pharmaceutical company said on Thursday that it’s agreed to pay up to $6.9 billion for a cancer drug developed by Japanese drugmaker Daiichi-Sankyo. The sum includes an upfront payment of $1.4 billion and the possibility of paying […]

Xeralto to Become First Prescription Drug With TV Ads That Includes Pricing

Xeralto has been a popular drug-thinner for years–and the target of more than 25,000 lawsuits recently settled by Bayer AG and Johnson & Johnson for $775 million. Now Xeralto, a brand name for generic rivaroxaban, is getting some attention for something different. It’s about to become the first drug to include prices in television ads, […]

U.S. Voters Prefer Expanding Medicare Over New Single-Payer Health Care, Says New Poll

A big question in a lead up to the 2020 presidential election is whether the U.S. should move from its current insurance system-driven health care model to a single-payer concept. Multiple Democratic candidates for president as well as new arrivals on Capitol Hill have pushed for a version of single-payer or Medicare-for-All. Health insurer stocks […]

Measles Outbreak Prompts One New York County to Ban Unvaccinated Children From Public Spaces

A county in upstate New York has taken the unprecedented step to ban unvaccinated children from public places following a measles outbreak. Rockland County, which is about 40 miles north of New York City, said on Tuesday that children under 18 years of age who haven’t been vaccinated against the measles cannot attend any public […]

Workers and Retirees Alike Are Paying More for Health Care

For many workers, health insurance is no longer what it once was. Health care costs borne by employees in the form of deductibles and coinsurance rose at a far faster rate than what employer-sponsored insurers paid for care between 2006 and 2016, according to the Kaiser Family Foundation. Even Medicare beneficiaries under the program’s current […]

How Medicare for All Could Eliminate the $600 Billion Private Insurance Industry

The 2020 election is coming. And health insurers are worried. A groundswell of support for Medicare for All among prominent Democratic presidential contenders has spooked the industry, with some candidates professing the private health insurance sector may (and even should) eventually be tossed into the dustbin of history. Sen. Bernie Sanders–author of a comprehensive Medicare […]

CVS Pharmacy Will Begin Selling CBD Products in Stores Across 8 States

CVS Pharmacy is jumping on the CBD bandwagon. The company said in a statement to CNBC on Wednesday that it’s now selling cannabidiol (CBD) products at locations across eight states, including Alabama, California, Colorado, and Maryland, among others. The company is selling everything from lotions to sprays and said that it’s only working with CBD […]

FDA Approves First Drug Treatment for Postpartum Depression

The U.S. Food and Drug Administration (FDA) has approved a drug for the first time that aims at treating postpartum depression in mothers. Dubbed Zulresso, the medication is administered by a continuous intravenous (IV) infusion for 60 hours. According to the FDA, the IV must be administered in a health care facility because of fears […]

Fewer People Are Strategizing With Prescription Drug Choices to Control Their Health Care Costs

The U.S. has the highest drug prices in the world. Despite enormous expenses in research and marketing, pharmaceutical companies have the tenth highest profit levels among all industries. Despite some attention from Congress and the administration, prices remain high and promise to continue do so, at least in the immediate future. You might expect that […]