Tag: Healthcare Reform
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Why Banning Medical Debt from Credit Reports is a Step in the Right Direction
The announcement to propose banning medical debt from credit reports in the US is being praised by many as a significant step towards addressing the broader issue of medical bankruptcy. Medical debt is unlike any other kind of debt; it often arises from circumstances beyond an individual’s control and can cripple financial stability. This proposal…
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The Real Cost of Private Equity in Healthcare
The headlines about exorbitant medical bills have become all too familiar, with patients across the United States lamenting the skyrocketing costs of healthcare. One of the major culprits behind this alarming trend is private equity (PE). Private equity firms, with their profit-maximization focus, have crept into the healthcare sector, and their influence is more insidious…
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The Implications of Recent FTC Actions on Drug Patent Validity and Access to Medications
Patents are notorious for their dual nature in the world of innovation. On one hand, they protect the intellectual property rights of inventors, encouraging innovation and investment in research and development. However, when misused, they can stifle competition and maintain high prices for essential drugs. Recently, the Federal Trade Commission (FTC) has put a spotlight…