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The cost of vaccines has been soaring over the past 20 years in the United States.
(Copyright: InesBazdar/Shutterstock)
The cost of vaccines has gone from single digits to sometimes
triple digits in the last two decades, creating dilemmas for doctors
and patients and straining public health budgets. Some doctors have even
stopped offering immunizations because they say they cannot afford them
to because insurers often reimburse poorly. Elisabeth Rosenthal talks about the situation. Her article in the July 2 edition of The New York Times, “The Price of Prevention: Vaccine Costs Are Soaring,” is part of her ongoing series “Paying Till It Hurts.”
There's also a Facebook group for this series. You can join at https://www.facebook.com/groups/payingtillithurts/.
There's also a Facebook group for this series. You can join at https://www.facebook.com/groups/payingtillithurts/.
- The High Cost of Medical Care
- Why Specialists Are So Expensive
- Seeking Medical Care Overseas to Save Money
- The High Cost of ER Care
Guests:
Elisabeth Rosenthal- Leave a comment
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Comments [12]
smaller physicians and their
circles might consider this sort of profit sharing economic model used
in the UK by small business, and yes, the financials are available in
the form of PDF downloads to check out:
http://www.johnlewispartnership.co.uk/en.html
http://www.johnlewispartnership.co.uk/en.html
Jul. 25 2014 04:23 PM
Score: 0/0
Score: 0/0
Why is the cost going up for
manufacturers when they don't have to pay for tort liability coverage?
Every product maker in the world must get insurance coverage to
indemnify against lawsuits, EXCEPT VACCINE MAKERS. They have complete
immunity from ANY liability for harm done by their products.
Further the "gold" standard for every drug is double-blind palcebo controlled test. That's what is done with all drugs----EXCEPT VACCINES. The vaccine industry uses a lower safety standard than in the drug industry, yet Rosenthal says that vaccine testing is what is driving the costs? Was that claim merely to blame consumers who have been calling for safer vaccines? How ironic----blame the victims.
Does Rosenthal provide any numbers to back up these claims, And if there are numbers can they be independently verified.?
In point of fact, the reason for the high price (not cost!) of vaccines is the same as the reason medical care is high----consumers do not purchase their insurance, and there's no price competition in the market. And vaccine makers have a captive market, in that vaccines are required to attend school. With Obamacare, medical providers will be given the same market conditions that holds vaccine consumers captive.
Anytime you want soaring prices for a product or service, you make it solely available via insurance, and put government in control of the market.
Further the "gold" standard for every drug is double-blind palcebo controlled test. That's what is done with all drugs----EXCEPT VACCINES. The vaccine industry uses a lower safety standard than in the drug industry, yet Rosenthal says that vaccine testing is what is driving the costs? Was that claim merely to blame consumers who have been calling for safer vaccines? How ironic----blame the victims.
Does Rosenthal provide any numbers to back up these claims, And if there are numbers can they be independently verified.?
In point of fact, the reason for the high price (not cost!) of vaccines is the same as the reason medical care is high----consumers do not purchase their insurance, and there's no price competition in the market. And vaccine makers have a captive market, in that vaccines are required to attend school. With Obamacare, medical providers will be given the same market conditions that holds vaccine consumers captive.
Anytime you want soaring prices for a product or service, you make it solely available via insurance, and put government in control of the market.
