QROT-043: Confirmation - They get to charge as much as they want, even if it is no more effective than the cheapest treatment

(Another analysis of snippets from the John Abramson appearance on JRE)I've mentioned a lot a main inherent corruption of health care in the United States - that one can have brand-new, "shiny" technology behind new drugs, or for whatever reason, just say with a straight face that their new drug or technology should be approved and should cost MUCH more than existing solutions REGARDLESS of whether they are ANY more effective than existing solutions.Abramson confirms this, as he mentions how health technology assessments and cost effectiveness studies are not done. Abramson brings out some nuances I don't tend to when I mention it - doctors therefore have no source to go to to even be well informed on whether the more expensive is actually worth it or not. And, worse, he explains the mechanism by which their opinion or actions could be skewed OPPOSITE of cost effectiveness, through bribes called drug rebates. =================================================Thanks for listening! Please feel free to email me at [email protected] with requests for appearances, thoughts, feedback, questions, observations, or show ideas! Please like my episodes and follow my show if that is what feels right to you!