Cost-effective treatment
Sources:
Experts discuss various approaches to making treatments more cost-effective:
-
Group Therapies: suggests that group therapies could reduce costs by treating multiple patients simultaneously, potentially providing a more economically feasible model of service provision 1.
-
High Drug Costs: emphasizes the high cost of drug development and monopolistic practices that prevent generics from coming to market, contributing to high prices 2. He also notes that patients are often willing to pay high costs for marginal improvements in treatment outcomes 3.
-
Car T Therapy: explains that while CAR T therapies are expensive due to their complex manufacturing process, costs can be reduced through improved production methods and economies in hospital treatment 4.
-
Simple Interventions: highlights cost-effective interventions like diuretics for heart failure and hypertension medications, which have high benefit-cost ratios and can significantly improve public health 5.
-
Peptide Treatments: Peptides represent another promising area. They are recognized by the body, leading to potentially fewer side effects and lower costs, although regulatory and financial barriers can hinder their widespread adoption 6.
-
Cost Considerations in Medicine: stresses the importance of considering cost in medical guidelines to ensure efficient healthcare. He advocates for stricter penalties for fraud and more transparent health technology assessments 7.
These insights underscore the necessity of balancing innovation with affordability to ensure broad access to effective treatments.
RELATED QUESTIONS-
