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Americas Love Affair With Medical Innovation
Rising health care costs are once again causing an up-roar, and pharmaceuticals are in the crosshairs. As private health plans demand double-digit increases in their insurance premiums, they are identifying the soaring cost of prescription drugs as the major culprit. But drug prices are only a part of a more complex equation, which also involves providers growing muscle to negotiate better deals with health plansa derivative of the consumer rebellion against tightly managed careand societys enchantment with all forms of medical innovation. If past is prologue, the preference for ever more technology will trump rising costs at almost every turn,
Founding Editor
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