Robert Popovian

Real Facts Needed in Drug Price Policy Debate

A common expression used when computing data is “garbage in, garbage out,” or GIGO. The term refers to the fact that computers operate logically; thus flawed or nonsensical input data produce nonsensical outputs or findings.

The Facts Are Getting in the Way of a Good Story

As the great Sen. Daniel Patrick Moynihan once said, “Everyone is entitled to his own opinion, but not to his own facts.” Finally, the facts, in the form of data released in several new studies and systematic analytical reviews, are undermining the narrative that drug costs have been the main driver of rising health care expenditures and insurance premiums.

Five Important Questions on Health Care Costs

No one disputes that addressing ever-increasing health care costs in the United States is an important societal and policy goal. The rise in out-of-pocket costs leaves patients and families vulnerable to significant financial hardship. Ultimately, the solution is to evaluate and reward the most cost-beneficial interventions in health care. Unfortunately, policymakers today are deluged with an array of incomplete or biased set of data points which may lead them to draw incorrect conclusions that could possibly hinder the development of biopharmaceutical cures of the future.