At the center of Biden’s proposal is the Bayh-Dole Act, a landmark 1980 law that allowed federally funded professors and universities to patent their research discoveries and license the patents to private-sector firms for further development. It incentivized and thereby greatly increased the amount of innovations coming out of universities.
Category: Cost of Healthcare
Wednesday Links
- David Friedman on tariffs. Excellent
- AHA opposes Biden’s tariffs on medical equipment, which create $650 million in increased costs to the U.S. medical industry.
- Arizona police arrested a woman for serving home-cooked meals to the hungry and the needy.
- Rather than education, welfare, or nutrition programs, three tax provisions are now the largest category of federal support for children – and over the years they have been on a perpetual rollercoaster.
- More on using foreign trained doctors to solve our physician shortage problem.
Simple Blood Test May Predict Disease: Will that Make People Healthier?
New research has identified proteins, found in a single drop of blood, that may hold clues to our health and the diseases we’re likely to develop years into the future.
Medicare and Wegovy
A report by the Senate Committee on Health, Education, Labor, and Pensions (HELP) estimates that treating even half of Medicare and Medicaid beneficiaries with obesity would cost $166 billion per year, nearly the cost of total spending on all prescription drugs in 2022 ($175 billion).
Source: STAT (gated)