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A Killer Agency Published on : Wednesday, February 09, 2011 Sam Kazman's "Drug Approvals and Deadly Delays" article in the Journal of American Physicians and Surgeons (Winter 2010), tells a story about how the U.S. Food and Drug Administration's policies have led to the deaths of tens of thousands of Americans.f the FDA approves a drug that turns out to have unanticipated, dangerous side effects, people will suffer. Similarly, if the FDA denies or delays the marketing of a perfectly safe and beneficial drug, people will also suffer. Both errors cause medical harm, writes Walter Williams in Townhall.com.
Medical Care Facts and Fables Published on : Tuesday, August 24, 2010 It may be cheaper to remain sick tha get treated, and die than to live, but most people won't choose the cheaper option. What happens when Health care is handed over to the Government and bureaucrats? A new book, "The Truth About ObamaCare" by Sally Pipes of the Pacific Research Institute tells the real facts. In countries with socialized medicine, for instance Britain, more than 4000 expectant mothers give birth inside a hospital, but not in the maternity ward, in Britain in just one year. They give birth to their babies in hallways, bathrooms and even elevators. America has a high infant mortality rate only because it counts all the babies. United states has the best medical system in the world, writes Thomas Sowell in Jewish World Review.
Cash on delivery lowers infant mortality rate Published on : Friday, June 04, 2010 An India-US study says that government handouts to women giving birth to babies in health centres has lowered new born deaths and still births.Infant mortality rate was very high in India.It is suggested that only those below poverty ine should be given money, reports Hindustan Times.
Health focus is good for business Published on : Monday, April 19, 2010 A global survey says health activities of companies win public support. In India, 72% of the people surveyed were willing to buy the products of companies engaged in health activities. People wanted companies to care for the health of their non-employees too.Brittania and Philips Electronics are examples of two such companies, writes Chitra Narayanan in Mint.
How Indians spend: Estimates from national accounts Published on : Wednesday, February 04, 2009 With growing economy, India is spending more on services as the data reflects that the fastest growing components of household spending were related to the service sector, such as healthcare, communications and education. Consumers tend to spend relatively less on food and more on healthcare and education as their incomes increase, writes Mahendra Kumar Singh in the Times of India.
Regulating drug prices is a recipe for disaster Published on : Friday, October 03, 2008 The long-term implications of price regulations being introduced in South Africa could be serious. Tthis state intervention in drug pricing will distort market dynamics and reduce incentives to bring new drugs to market in South Africa over time. In the future this could lead to shortages of new medicines in South Africa and that will have disastrous implications for public health in the long-run, writes Brett Skinner of the Health Policy Unit
Trusting the African private sector with aid Published on : Thursday, July 03, 2008 Up to half of the US$16.7 billion marked for health in parts of Africa in 2005 was spent in the private sector. Aid for health has ballooned from US$2.5 billion in 2000 to US$14 billion in 2006 and rising. In 12 countries in sub-Saharan Africa, more than 30 percent of total health expenditure comes from aid. Despite this largesse, hospitals and clinics are dilapidated, medical staff are demoralized and about 60 percent of Africans have to pay for healthcare themselves. The current aid model is not working, writes Philip Stevens in the Taipei Times
Cancer patients continue to bear high tariffs on drugs Published on : Friday, June 27, 2008 Cancer drugs imported into India continue to cost up to 35% more than the international prices. Though the government exempted 14 cancer drugs from countervailing duty and reduced import duty on them to as low as 5%, considering them important life-saving drugs, in the 2007 Budget, only four or five drugs have been notified on the customs list. Notifications have been issued only in the case of cancer drugs such as paclitaxel, imatinib and a couple of recombinant products, reports C.H. Unnikrishnan in the Mint
Corruption in health projects funded by World Bank Published on : Monday, June 02, 2008 The review carried out by World Bank’s Department of Institutional Integrity (DII) has brought to light grave malfeasance in the implementation of five health projects in India for which the Bank had given $569 million (Rs 2,500 crore) as loans, writes B S Raghavan in the Hindu Business Line
Taxes and Hypertension: How to reduce medicine prices Published on : Thursday, February 07, 2008 Sir Isaac Newton's 3rd law of motion states that for every action, there is an equal and opposite reaction. When government intervenes to reduce the price of something, it imposes taxes or fees/ charges to finance whatever price subsidy and the salaries and perks of personnel who will do the price and income redistribution. Those taxes and fees raise the price of those things and services that government says it wants the price to go down, thus affirming Newton's 3rd law of motion.
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