Kregisen
Member
- Joined
- Jun 6, 2010
- Messages
- 2,373
http://abcnews.go.com/Health/story?id=5517492
A sad story about the healthcare issue. The point they try to raise in the article is that the insurance companies should just fork over the money, no matter how much it costs, to keep the patient alive another 6 months, but I think the real issue is the high cost of some drugs to begin with. Healthcare is not my specialty, so I don't have any specific recommendations for keeping drug costs low, except maybe looking at allowing more competition or less regulation, but arguing over who should foot this bill I think is the wrong way to go. Really it doesn't quite matter who pays for it anyway, because the insurance company wants to make a profit, and if their costs go up, their profit maximization point for premiums will also go up, so if they pay for more expensive treatments like this, their premiums they charge will go up to cover it anyway.
The million dollar question is, how do you make expensive drugs like that cheaper than $4,000/month?
The news from Barbara Wagner's doctor was bad, but the rejection letter from her insurance company was crushing.
The 64-year-old Oregon woman, whose lung cancer had been in remission, learned the disease had returned and would likely kill her. Her last hope was a $4,000-a-month drug that her doctor prescribed for her, but the insurance company refused to pay.
What the Oregon Health Plan did agree to cover, however, were drugs for a physician-assisted death. Those drugs would cost about $50.
"It was horrible," Wagner told ABCNews.com. "I got a letter in the mail that basically said if you want to take the pills, we will help you get that from the doctor and we will stand there and watch you die. But we won't give you the medication to live."
(continued)
A sad story about the healthcare issue. The point they try to raise in the article is that the insurance companies should just fork over the money, no matter how much it costs, to keep the patient alive another 6 months, but I think the real issue is the high cost of some drugs to begin with. Healthcare is not my specialty, so I don't have any specific recommendations for keeping drug costs low, except maybe looking at allowing more competition or less regulation, but arguing over who should foot this bill I think is the wrong way to go. Really it doesn't quite matter who pays for it anyway, because the insurance company wants to make a profit, and if their costs go up, their profit maximization point for premiums will also go up, so if they pay for more expensive treatments like this, their premiums they charge will go up to cover it anyway.
The million dollar question is, how do you make expensive drugs like that cheaper than $4,000/month?