Friday, April 1, 2011
Wednesday, March 30, 2011
Medicare pays for $93,000 Drug That Extends life 4 Months?
Medicare will now pay for a prostate cancer drug called Provenge that costs $93,000 and only promises to extend life for 4 months?
What's wrong with this picture?
According to the linked article, "Medicare is legally prohibited from considering price when deciding whether to pay for a new treatment." If I were CEO of a pharmaceutical company, I would see this rule as a license to print money, as I'm sure the forward thinking folks at Dendreon Corp., the company that makes Provenge, obviously did. They estimate $1 billion in sales next year alone!
Question: Is death so frightening that a person would spend $93,000 to stave it off just 4 months?
What's wrong with this picture?
According to the linked article, "Medicare is legally prohibited from considering price when deciding whether to pay for a new treatment." If I were CEO of a pharmaceutical company, I would see this rule as a license to print money, as I'm sure the forward thinking folks at Dendreon Corp., the company that makes Provenge, obviously did. They estimate $1 billion in sales next year alone!
Question: Is death so frightening that a person would spend $93,000 to stave it off just 4 months?
Saturday, March 26, 2011
Learning About Non-reaction from Coach Cal
I'm learning a lot from this guy.
I've watched just about every minute of of NCAA Men's Division I Basketball coverage this year, as I often do when I'm in Lexington. Apart from the excitement of the games, I'm extremely impressed with the character of the coaches at this level of play.
Particularly Coach John Calipari of our Kentucky Wildcats. We get to see a bit more of him in local news coverage here in Lexington, and we're the better for it.
I've watched just about every minute of of NCAA Men's Division I Basketball coverage this year, as I often do when I'm in Lexington. Apart from the excitement of the games, I'm extremely impressed with the character of the coaches at this level of play.
Particularly Coach John Calipari of our Kentucky Wildcats. We get to see a bit more of him in local news coverage here in Lexington, and we're the better for it.
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