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" ... No matter whether patients avoid medical care or require it, HDHPs give insurers the revenue they need to keep profits up. Employers also do well for themselves by sidestepping a sizable portion of the premium. And all of the other healthcare system players—from doctors to drug makers—get to keep charging higher and higher prices year after year. ... "
" ... Second – who do they buy them from? Buying securities in the open market, from any and every willing counterparty, can be seen as relatively impartial. It has the principal effect of providing liquidity to the market. Decisions as to how the newly created money is re-deployed remain with the private sector. But the central banks later began to buy the bonds directly from the issuers of those bonds, starting with their own governments, and by now extending to corporate issuers – which puts the banks in the position of funding those entities, governments and companies, above and beyond and quite aside from improving market liquidity. Which means the banks are increasingly in a position to decide who to fund, sidestepping the capital allocation functions of the market. A can of worms for sure. ... "
" ... The justification for high-priced drugs like Zolgensma and Valrox is that they are nonetheless cheaper than the total cost of alternative therapies, said Peter Bach, a physician and director of the Center for Health Policy and Outcomes at Memorial Sloan Kettering Cancer Center in New York. In the case of Valrox, “the company wants to argue that it prevents the need for other costly treatments, so its seven-figure price tag is worth it,” Bach said. “They are conveniently sidestepping the problem that the treatments they are replacing are themselves very overpriced.” ... "
" ... The move, confirmed by an official spokesman, is an attempt by the new leftist-led government of Prime Minister Alexis Tsipras to keep a financial lifeline for an interim period while sidestepping tough austerity conditions in the EU/IMF programme. ... "
" ... Whilst not sidestepping dire data and instances of fuzzy operational economics coming out of the oil patch in general, excesses at one of the industry's beleaguered big guns in particular – Occidental Petroleum (NYSE:OXY) – offer a symbol of all that shouldn't have plagued the U.S. industry, Covid-19 pandemic or not. ... "