Rising antiparasitic drug cost in U.S. leads to higher patient costs, decreased quality of care

New study finds the skyrocketing cost of drugs in U.S. used to treat hookworm and other soil-transmitted parasites increases patient costs, suggests decreased quality of care A new study finds that the increasingly high prices in the United States of the drugs used to treat three soil-transmitted helminth infections—hookworm, roundworm (ascariasis), and whipworm (trichuriasis)—is not only the major driver for […]

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34% of older adults in the U.S. are prescribed potentially inappropriate drugs, raising health care costs

The prescription of potentially inappropriate medications to older adults is linked to increased hospitalizations, and it costs patients, on average, more than $450 per year, according to a new University at Buffalo study. The research, which sought to determine the impact of potentially inappropriate medications on health care utilization and costs in the United States, also found that more than […]

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Modifiable health risks linked to more than $730 billion in US health care costs

Modifiable health risks, such as obesity, high blood pressure, and smoking, were linked to over $730 billion in health care spending in the US in 2016, according to a study published in The Lancet Public Health. Researchers from the Institute for Health Metrics and Evaluation (IHME), an independent global health research center at the University of Washington School of Medicine, […]

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ACA reduced out-of-pocket health costs for families with kids, but they still need help

The percentage of low- and middle-income families with children that had burdensome out-of-pocket health care costs fell following the 2014 implementation of the health insurance marketplaces and Medicaid expansion provisions of the Affordable Care Act, known widely as Obamacare, according to a new study by Lauren Wisk, an assistant professor at the David Geffen School of Medicine at UCLA, and […]

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Out-of-pocket costs for Medicare recipients will rise in new year

(HealthDay)—Seniors on Medicare are going to take a hit to the pocketbook in 2020, with premiums and deductibles set to increase on coverage for medical services and prescription drugs. The standard monthly premium for Medicare Part B will rise $9.10, to $144 a month, the U.S. Centers for Medicare and Medicaid Services (CMS) announced. The annual deductible for Part B […]

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Higher out-of-pocket costs threaten universal health coverage in ‘missing middle’ nations

One in six countries is expected to have substantially high out-of-pocket spending as a proportion of total health expenditures by 2050, according to a new scientific study. As low-income countries increase their GDP, they often face the “missing middle” problem: As they receive less development assistance, they are not able to fill the resulting gap due to slower growth in […]

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New plan limits out-of-pocket costs for insulin

(HealthDay)—Out-of-pocket costs for insulin could be restricted to $25 a month for people under a drug benefit plan announced Wednesday by Express Scripts. The average monthly savings for workers whose employers adopt the plan would be about $16 a month, The New York Times reported. There is rising anger about steep rises in the cost of insulin in recent years. […]

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