healthcare economics Archives

The False Promise of U.S. Healthcare Reform: Why Costs Keep Rising

Brian RogersJune 5, 20240139 views

Despite government-led initiatives aimed at reducing healthcare costs, such as the Affordable Care Act enhancements and drug price negotiations, these measures have largely failed to provide significant savings for the average American. This article explores the reasons behind the ineffectiveness of these programs, comparing them to the systems in other countries, and examines whether they serve more to maintain the status quo than to deliver meaningful reform.

Future at a Crossroads: The Escalating Cost of Living and Healthcare in America

Brian RogersJune 4, 20240143 views

As the trajectory of America’s economic and healthcare landscape points towards rising healthcare costs, corporate monopolization of essential services, and stagnant wage growth, the future appears daunting. A family of four may soon need to earn $200,000 annually by 2034 just to manage healthcare expenses. This article explores the systemic issues leading to these trends and their impact on daily living, emphasizing the need for significant policy changes to prevent an unsustainable future dominated by financial burdens and health disparities. The influence of big pharmaceutical companies, the monopolization of food production, and the socio-economic challenges faced by lower-income communities highlight the urgent need for reforms in healthcare and economic policies.

Brand-Name vs. Generic Drugs: Are Indian Generics Just as Effective?

Brian RogersJune 2, 20240154 views

The pharmaceutical industry offers a wide range of medications, including high-cost brand-name drugs and more affordable generics. This report analyzes the equivalency in efficacy between Indian WHO-certified generic drugs and their branded counterparts, highlighting differences in inactive ingredients and the economic impact on healthcare. Despite misconceptions, generics contain the same active ingredients and adhere to international quality standards, offering a cost-effective alternative without compromising safety. The lower cost of Indian generics makes essential medications more accessible, particularly in low- and middle-income countries, driving down healthcare costs and expanding access to necessary treatments.