How To Save Medicare Billions - Pick One Drug For Common Eye Diseases
Monday, June 2, 2014 - 17:10
in Health & Medicine
It sounds positively un-American to have government picking winner and losers in the drug marketplace, but the writing is on the wall for our health future: taxpayer-funded Medicare is going to be the economic driver in medical decision-making and policy sooner or later. And if all eye doctors were told to prescribe the less expensive of two drugs to treat two common eye diseases in older adults, it could save taxpayers $18 billion over a 10-year period, say scholars in a new paper. And the rest of the U.S. health care system could save $29 billion also, according to the findings of a team led by David Hutton, assistant professor of health management and policy at the University of Michigan. read more