Tag: Medicare Part D
Medical Marijuana Saves Taxpayers Money

In a fascinating article in Health Affairs, Ashley Bradford and David Bradford of the University of Georgia have estimated that medical marijuana has benefited taxpayers: Using data on all prescriptions filled by Medicare Part D enrollees from 2010 to 2013, we found that the use of prescription drugs for which marijuana could serve as...
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Are Prescription Drug Prices Becoming as Meaningless as Hospital Charges?

Professor Jack Hoadley of Georgetown University recently gave an excellent presentation discussing prices of prescription drugs. Two slides stand out. First, a slide showing how much prescription spending is controlled by insurers and governments versus patients directly: As recently as 1990, patients controlled over half of drug spending. Today, it is under 20 percent....
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Drug Companies’ Pricing Firewall Is Melting

A recent Kaiser Family Foundation Tracking Poll brings dire news for innovative drug companies: 83 percent of the survey’s respondents favor a policy “allowing the federal government to negotiate drug prices for Medicare beneficiaries.” That includes 93 percent of Democrats and 74 percent of Republicans. There is no point discussing the rationality of this...
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