Marc Rodwin of Suffolk University Law School reports that the French health system controls drug prices by determining maximum prices based on added therapeutic value and external reference pricing; employing negotiation to set prices and limit price increases; and capping total spending to a global budget.
The Commonwealth Fund
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Medicare Spending Trends 2010–2016: Increase in Prescription Drug Spending More Than Offsets Lower Beneficiary Costs for Other Services
From 2010 through 2016, total Medicare spending per beneficiary was remarkably stable, but there was a sharp increase in total and out-of-pocket spending on prescription drugs. Total spending on drugs was up by $1,000 per person, a 38 percent increase, and out-of-pocket spending on drugs increased by 16 percent.
What is the current status of ACA innovation waivers for each state?
The Financial Alignment Initiative (FAI) aims to improve care for individuals dually eligible for Medicare and Medicaid. Recent evaluations of the FAI indicate that Medicare cost saving results are mixed. Despite the model’s emphasis on care coordination, few beneficiaries reported receiving care coordination.
Seriously ill Medicare beneficiaries can face particularly onerous financial hardships stemming from health care expenses. A Commonwealth Fund–supported study, using data from a 2018 survey of people with serious illnesses, looked at how the costs of care affect beneficiaries and their family and friends.
International Health News Brief: Issue 6 for 2019.