- Paragon study: In 2023, the federal government is expected to spend 6.2 percent of the economy (or more than $1.6 trillion) on mandatory health programs. The Congressional Budget Office (CBO) estimates that within 30 years, the federal government will annually spend at least 9 percent of the economy on those programs. And this is a conservative estimate.
- A little-noticed provision of the omnibus spending bill could give the Food and Drug Administration (FDA) the power to ban off-label use of approved therapies, even though 1 in 5 prescriptions written are for an off-label use.
- Study: Laughter really is contagious – and that’s good. (WaPo)
- Diversity training not only doesn’t work, it may actually backfire. So why are we spending $3.4B a year on it? (NYT)
- Fourth Quarter lobbying: almost $7 million by the American Hospital Association and $6.6 million by PhRMA. As Milton Friedman said, the question is not why we get so many bad laws; the question is, why aren’t things worse?
- Amazon will sell generic drugs for as little as $5 a month. But, no Medicare or Medicaid or private insurance.
- 25 of the 37 novel drugs approved in 2022, were first approved in the US.
Category: Policy & Legislation
The War on Drugs that Save Lives and Cure Diseases
About 85% of new medicines launched between 2012 and 2021 were available in the U.S., compared to 61% in Germany, 59% in the U.K. and 52% in France and Italy. Bluebird bio in 2021 said it was unwinding operations in Europe and withdrawing gene therapies for rare diseases, citing the challenges of “achieving appropriate value…
FDA to Decide Whether Covid Boosters Become an Annual Ritual Like Flu Shots
Did you get your flu vaccine this year? How about last year? For me it’s been a few years. As I’ve written before, the Centers for Disease Control and Prevention (CDC) must decide six months in advance which strains of influenza circulating in Asia are likely to hit North America the following winter. The flu vaccine is a cocktail of four different flu strains designed to combat the strains likely to infect Americans. Sometimes the CDC guesses right, and the United States experiences a mild flu season. In other years a strain that nobody expected somehow becomes dominant and spreads throughout the US and flu is widespread.
Monday Links
- UK study: When hospitals merge, patients suffer.
- Only about one-third of Americans think the US health care system has minor or no problems–and that percentage hasn’t varied much in the last 20 years. And that includes the passage and enactment of Obamacare.
- UK ambulances took an average of 1 hour & 32 minutes to respond to heart attacks & strokes last month. 5 X higher than target, double the average in November.
- Study: Even a little alcohol can be harmful to your health.
- A lot of health provisions were stuck in the omnibus spending bill. (NYT)