Most Americans don't want the government to decide if medical treatments are economical before letting patients use them, a new survey suggests.
Most Americans don't want the government to decide if medical treatments are economical before letting patients use them, a new survey suggests.
In some places, such as the UK and Germany, governments do have that power. Before patients can use a new drug, for instance, the government studies how well it works. It also sees what the drug costs compared to other drugs before deciding to make it available.
"The idea is to say, if we add this new technology, are we getting enough value for it given the increase in what we have to pay?" said Michael Botta. Botta led the study while in Harvard University's Program in Health Policy in Cambridge, Massachusetts.
Read the full story here: http://reut.rs/17h3pe5
Source: Reuters
Managed Care Reflections: A Q&A With A. Mark Fendrick, MD, and Michael E. Chernew, PhD
December 2nd 2025To mark the 30th anniversary of The American Journal of Managed Care (AJMC), each issue in 2025 includes a special feature: reflections from a thought leader on what has changed—and what has not—over the past 3 decades and what’s next for managed care. The December issue features a conversation with AJMC Co–Editors in Chief A. Mark Fendrick, MD, director of the Center for Value-Based Insurance Design and a professor at the University of Michigan in Ann Arbor; and Michael E. Chernew, PhD, the Leonard D. Schaeffer Professor of Health Care Policy and the director of the Healthcare Markets and Regulation Lab at Harvard Medical School in Boston, Massachusetts.
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