“Women are from Venus, Men are from Mars.” “Women think differently than men.” These viewpoints appear to be widespread and popular, fueling spirited and on-going debate in the media and the arts, but what about healthcare and medicine? Most medical research over the years has focused on white men as subjects, and results were then extrapolated to include everyone else. From an ethical perspective, there were some humanistic reasons for this, e.g., protecting women and children from experimental research that may not have benefited them. In many cases, however, research focused on those in positions of power. This situation is slowly […]
The Lowdown on Specialty Drugs II: Biosimilars and How to Get Your Insurance Company to Cover the Costs
Biosimilars are defined as “similar versions of an existing biological medicine by a different manufacturer.” Biosimilars may be used to treat difficult-to-manage conditions including rheumatoid arthritis, multiple sclerosis, chronic pain, HIV and cancer, among other conditions. Because they are more complex and more difficult to manufacture than other pharmaceuticals, rigid compliance to regulations and quality control are crucial to avoid contamination and drug shortages. Their complexity also means that they are more expensive for the patient. A recent article by NBC News suggests that “the number of patients who could benefit from these more sophisticated therapies will only continue to […]
The Lowdown on Specialty Drugs
Healthcare costs continue to be a concern, despite efforts underway to reduce them through healthcare reform initiatives. One area, in particular, is worrying patients and physicians alike: specialty drugs or biologics. An article in Workforce Management reports that specialty drugs “make up about 17% of employers’ total drug costs, even though just 1% of the workforce takes them.” Reuters reports that “approximately 57 million Americans rely on specialty drugs,” with the average prescription costing $1,766.00 in 2011. “Specialty drugs are high-cost drugs used to treat complex or rare conditions, such as multiple sclerosis, rheumatoid arthritis, hepatitis C and hemophilia. The […]
Health Insurance at 26 : What Are My Options?
The passing of the Affordable Care Act has implemented a number of changes to American healthcare. Many of these changes directly affect families, the elderly, and people with pre-existing conditions, leaving many of 20-somethings wondering “What does this mean for me?” One major impact of the new law is that young adults can stay on their parents’ healthcare plan until age 26. Before the passing of the Affordable Care Act children could only stay on their parents’ insurance up to age 19, with exceptions for full-time students. Since the law has been enacted, over 3 million young adults have gained […]
What on Earth is the Donut Hole? A Brief Explanation of Medicare Part D and the “Donut Hole”
Today, we are hoping to provide answers to some of your questions about the Donut Hole! Tell us about your experiences. We would love to hear from you. 1. What is the donut hole? To answer that question, we first need to understand Medicare and Part D. According to Jonathan Blum, Deputy Administrator and Director for the Center of Medicare at the Centers for Medicare and Medicaid Services, Medicare is the federal health insurance program for people 65 or older, people under 65 with certain disabilities, and people with End-Stage Renal Disease (permanent kidney failure). People with Medicare have the […]