Last November, with much media coverage, several members of Congress announced the formation of The Affordable Drug Pricing Task Force, promising to “take action to combat the skyrocketing costs of pharmaceuticals.”
Finally! I thought.
Related post: Prices continue to increase for generics
But I haven’t heard much since then.
There was a little noise earlier this month when the House Oversight Committee (of which the task force is a subcommittee, I believe) attempted to grill the now infamous Martin Shkreli about why he thought it was okay to jack up the price of Daraprim from $13 a pill to … Continue reading
The Advisory Committee for Immunization Practices (ACIP) and the Centers for Disease Control (CDC) have just released an updated vaccination schedule for adults.
I’ve included the schedule and accompanying information from the CDC’s website at the end of this post.
You can also print it out to take to your primary care provider.
Related post: Adults need vaccinations, too!
It’s color coded to make it easier to follow the recommendations, and I think it’s an improvement over last year’s chart.
A yellow row/column means the vaccine is recommended for everybody in that age group; purple indicates the vaccine is for … Continue reading
We’ve all heard the phrase “cancer kills.”
But guess what? So can the high cost of treatment.
I just read about a study that came out of the Fred Hutchison Cancer Research Center here in Seattle.
The results won’t surprise anyone familiar with how much cancer treatment costs (a lot!), but researchers found:
…cancer patients who go bankrupt are nearly 80 percent more likely to die than patients who don’t, and some cancers had significantly higher mortality rates. Prostate cancer patients who filed for bankruptcy were almost twice as likely to die; bankrupt colorectal cancer patients were 2.5 times more
… Continue reading
The health care blog KevinMD is a great place to read firsthand accounts of how our expensive and fragmented health care system really works (or doesn’t).
Last week I read a post by a physician who described his friend’s experience of trying to get treated for an ordinary but painful kidney stone. (I’ve never had one, but I’ve been told they are extremely painful!)
Sadly, his friend had a narrow-network insurance plan and he wasn’t able to find either an in-network specialist—urologist—or the specialized treatment that would alleviate his pain.
So here was Jeremy, an insured, otherwise healthy patient in
… Continue reading
Health insurance literacy is a term that has been used a lot in the media since the Affordable Care Act (ACA) rolled out a few years ago.
It basically means how fully a person understands how his or her health insurance works, as well as the lexicon of insurance-speak: words and acronyms like coinsurance, copay, deductible, premium, subsidy, provider, allowed amount, out-of-pocket maximum, balance billing, HSA, FSA, HMO, PPO, EPO, PCP, and so on.
If only people understood their health insurance, the experts moan, they would make better health choices and protect themselves financially.
I’m sure that’s true, but … Continue reading
It’s that time of year—open enrollment for health insurance.
If, like me, you buy an individual health plan for yourself or your family, and you have been informed by your insurance company that your current plan will no longer be available, you are once again shopping for a plan that meets both your needs and budget.
The new plan I’ve been offered has both a higher premium and a higher deductible, but as far as I can tell our provider network will remain the same. That’s important, since my husband has a doctor he really likes. I had to change … Continue reading
A painful but common condition in older adults is shingles or herpes zoster. I’ve known several elderly people afflicted with this, and I will absolutely get the vaccine as soon as I turn 60!
The vaccine, Zostavax, is FDA-approved for ages 50 and up, but the Cleveland Clinic recently advised that it’s not cost effective for anyone under 60 to get immunized.
Why? Because Zostavax is too expensive. On average, it costs about $200, and that doesn’t include the cost for the office visit or vaccine administration that some clinics charge.
The vaccine is effective for 10-12 years, so … Continue reading
It’s not too late to give the Food and Drug Administration (FDA) your opinion on its latest effort to require that more information be provided on food labels.
Last year, food labels began listing the amount of added sugar per serving (usually listed in grams).
Now the FDA proposes that labels also show sugar as a percentage of the recommended daily intake or value (%DV). Labels already do this for most vitamins and minerals, fats, fiber and sodium.
Sugar’s %DV would be based on the US Dietary Guidelines Advisory Committee’s recent recommendation that people limit sugar to 10% of their … Continue reading
It’s almost that time of year when insurance companies start sending out information about next year’s plans and what may or may not have changed in their policies, such as premiums and benefits.
A little-known new rule of the Affordable Care Act (ACA) will take effect on January 1, 2016, and might affect your health insurance plan and health care costs.
Specifically, this rule takes away what’s been called the “umbrella limit” on out-of-pocket maximums for families.
If you currently have a family policy with a family out-of-pocket maximum (up to $13,200 in 2015), even if only one family … Continue reading
I’ve posted before about how expensive it is to be treated for cancer.
Recently, a patient posted on the health blog KevinMD about her experience dealing with not only the stress of metastatic ovarian cancer, but the struggle to stay afloat financially.
I am one of many people today “living” with cancer. I want to focus on the impact cancer has on my personal finances, and this is probably true for any chronic illness, not just cancer.
Never in my wildest dreams did I think I’d be diagnosed with stage 4 ovarian cancer at 51 years old. I really
… Continue reading