Tag Archives: Costs

It costs Canada $9B to treat obesity, while barely any money is put into preventative care

The costs associated with rising rates of obesity worldwide are staggering and it doesn’t look like they’ll be dropping anytime soon. The disease costs the global economy an estimated $ 2 trillion each year. In Canada — where more than one in four people live with obesity — related health care costs are as high… Read More »

Prescription Drugs: From Costs and Bad Reputation to Civica Rx and Amazon to the Rescue

The prices of medicines prescribed in outpatient settings rose, on average, 10.3% in 2018. Wages increased about 2.6%, and consumer prices, 1.3%, based on the 2019 Segal Health Plan Cost Trend Survey. Segal forecasts that medical cost trends will moderate for 2019, lower than 2018 rates. But to the patient, now feeling like a consumer… Read More »

Consumers Don’t Know What They Don’t Know About Healthcare Costs

The saving rate in the U.S. ranks among the lowest in the world, in a country that rates among the richest nations. So imagine how well Americans save for healthcare? “Consumers are not disciplined about saving in general,” with saving for healthcare lagging behind other types of savings, Alegeus observes in the 2018 Alegeus Consumer Health &… Read More »