Health Highlights: April 14, 2008
Here are some of the latest health and medical news developments, compiled by editors ofHealthDay:
Some People Face Huge Drug Costs Under New Policies
Under new policies being adopted by health insurance companies, patients have to pay hundreds and even thousands of dollars for expensive prescription medications that can slow the progress of serious diseases or save their lives,The New York Timesreported.
Traditionally, patients paid a fixed price for a prescription, no matter what the drug actually cost. Now, many insurers are charging patients a percentage (often 20 percent to 33 percent) of the cost of hundreds of expensive medications, including those used to treat diseases such as rheumatoid arthritis, multiple sclerosis, hemophilia, hepatitis C and some types of cancer.
Since there aren't less expensive options, patients have to pay or do without the drugs. As a result, some patients drug expenses are higher than their mortgages or even than their monthly incomes,The Timesreported.
Insurers say this new system, called Tier 4, helps keep everyone's drug premiums down at a time when some new treatments for diseases such as cancer, rheumatoid arthritis and multiple sclerosis can cost $100,000 a year.
But the Tier 4 system leaves seriously ill people with massive drug bills, James Robinson, a health economist at the University of California, Berkeley, toldThe Times.
"It is a very unfortunate social policy. The more the sick person pays, the less the healthy person pays," he said.
Baby Boomers May Overwhelm Health System: Report
Aging American baby boomers could swamp the country's health care system for seniors, warns an Institute of Medicine report cited Monday by theAssociated Press.
The report evaluates the state of future health care for the 78 million baby boomers about to start reaching age 65. Among its findings: