I once had a colleague who, together with his wife, had six different savings accounts. Each payday they would put a certain number of dollars in the car repair account and other sums in the Christmas, vacation, children’s college, new…
Drug cost plans treat a symptom, not larger problem of health care
“Bush offers prescription drug benefit” is the headline on the front page of my local newspaper recently. On the business page, a story headlined “Health care premiums up 10% to 30%,” notes such increases are “driven largely by escalating drug…
Prescription-medicine business is one of complicated economics
The high cost of prescription medicines and the burden it imposes on some poor households has taken center stage in the 2000 elections, at both the state and federal level. People are unhappy about medicine costs, and candidates from both…
Politicians rhetoric about changes in health care light on substance.
“It’s just wrong to have life-and-death medical decisions made by bean counters at HMOs, who don’t have a license to practice medicine and don’t have a right to play God. It’s time to take the medical decisions away from the…