In an increasingly competitive landscape, pharmaceutical companies are finding creative ways to protect their patents. Most of the time, patents are the only things that protect a company from direct competition. If a drug is successful but still protected under a patent, other companies prepare their chemical synthesis manufacturing capabilities to be able to take […]
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Single Payer: Case Studies
Not all single payer systems are designed and deployed the same. Varying degrees of private insurance involvement, system funding via taxes, and coverage limits make the system customized to meet the needs of the constituents. Canada is often used as the model example of a single payer system since it shares a border with the […]
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Single Payer: Complex Systems
The United States has an extremely complex healthcare system that’s comprised of conflicting ideologies. Private insurance, federally-funded Medicare, and state-funded Medicaid are all available for Americans. However, there are still 28 million people who do not have any kind of insurance (Carroll & Frakt, 2017). The positive thing that comes from this mix of systems […]
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Single Payer: Insurance Reform
The largest line item in the 2016 national healthcare budget was $1 trillion for hospital care which comprised of $670 billion for clinician services and $360 billion for drugs (Topol, 2017). Add in the fact that one in four patients are harmed while in the hospital and it’s easy to see that the American Healthcare […]