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Medicare negotiation could save businesses $195 billion and workers another $98 billion


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WASHINGTON, DC - MAY 20, 2021 - As Congress considers legislation to reform prescription drug pricing, a new analysis conducted by the West Health Policy Center and released by its Council for Informed Drug Spending Analysis (CIDSA) estimates that the Elijah E. Cummings Lower Drug Costs Now Act (H.R. 3) could result in hundreds of billions of dollars in lower commercial health insurance costs by 2030.These savings would come from a $195 billion reduction in employer costs and $98 billion in savings for workers.
The non-profit, non-partisan West Health Policy Center engaged the actuarial firm Milliman, to analyze the impact of the legislation on stakeholders. Using Milliman s analysis and other data sources West Health Policy Center researchers then quantified the dollar impact on employee and employer costs. ....

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Vatican conference examines ways to improve global health


Vatican conference examines ways to improve global health
Speakers listed lessons learned from the coronavirus pandemic and previous recent global health crises
Updated: May 11, 2021 06:01 AM GMT
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Indian health workers attend to a Covid-19 patient at Teerthanker Mahaveer University hospital in Moradabad. (Photo: AFP)
Although sponsored by a church derided by some that it thinks in terms of centuries, the pace of ideas introduced during just 90 minutes of the Vatican s May 6-8 international health care conference, Exploring the Mind, Body & Soul How Innovation and Novel Delivery Systems Improve Human Health, was breathtaking by any standard.
Speakers listed lessons learned from the coronavirus pandemic and past recent global health crises and offered suggestions on how to lower the cost of lifesaving medications. ....

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