The Biosimilar Promise
Biosimilars Often Reduce Prices by 50 Percent or More
Biosimilars Often Reduce Prices by 50 Percent or More By Wayne Winegarden | October 1, 2024 READ PDF Executive Summary In the competitive biologic markets, biosimilars have reduced average prices by 56 percent. The lower prices have reduced total expenditures by 51 percent in the competitive biologic markets even though total use is higher. Developing biosimilars is a long and costly endeavor that can take up to 9 years and $300 million. Market conditions ...
For Third Year in a Row, PRI Survey Finds Vast Majority of Americans Are Satisfied with their Health Coverage
For Third Year in a Row, PRI Survey Finds Vast Majority of Americans Are Satisfied with their Health Coverage Just 37% Support Government Health Care Takeover SACRAMENTO – For the third year in a row, an overwhelming majority of Americans say they are satisfied with their current health coverage, based on a new national survey commissioned by the nonpartisan Pacific Research Institute, a California-based, free market think tank. 91% said they were satisfied with their ...
NEW BRIEF: Washington Must End Physician Price Controls, Reform Medicare Payment System to Prevent Doctor Shortages
SACRAMENTO – A new brief released today by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute finds that artificially low reimbursement rates used by Medicare to contain costs are threatening patient care, and reform is needed to prevent future doctor shortages. Click to download the brief “Price controls used by government-run health care systems globally to contain costs lead to delays, lower quality, and worse health outcomes,” said Dr. Wayne ...
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