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...make hard-nosed sense in a public-health system, its use can reduce costs in other ways. Eager to gain NICE's approval, drug companies have started giving away portions of expensive treatment for free in Britain in order to ensure their drugs meet the threshold. Sir Michael Rawlins, chairman of NICE, believes that if the U.S. adopted a similar system, it would revolutionize the culture of major pharmaceutical companies, many of which spend more on marketing than research and development. A 2008 study in the New England Journal of Medicine predicted that incorporating information about cost-effectiveness into...

Author: /time Magazine | Title: Health Lessons from Europe | 6/1/2009 | See Source »

...apologizing for Republican mistakes of the past is now officially over. It is done.' MICHAEL STEELE, Republican National Committee chairman, during a speech to fellow GOP leaders about the party's future...

Author: /time Magazine | Title: Verbatim | 6/1/2009 | See Source »

...former GOP county Chairman, I firmly agree that the Republican Party is toast, but what exactly do you expect will happen once the GOP is relegated to history's trash bin? That we'll all live in peace and harmony and sing "Kumbaya" together? Howard Hirsch, DAYTON...

Author: /time Magazine | Title: Inbox | 6/1/2009 | See Source »

...Rees.“I said to my wife, ‘Gee they all seem very clever over here, but I subsequently realized that it was a very special time,” Ostriker said.From Cambridge he moved to Princeton University, where he spent 16 years as the chairman of the Department of Astrophysical Sciences. Ostriker is particularly noted for his research on dark matter, the hypothetical matter whose presence can be inferred from gravitational effects on visible matter.Ostriker’s daughter remembered that her father was always very excited about his work and said that...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Jeremiah P. Ostriker | 6/1/2009 | See Source »

...sure, the VEBA financial responsibilities are daunting. As the automakers wind down their involvement with retiree health care, both GM and Chrysler have stopped revealing details of their related costs. However, GM vice chairman Robert Lutz recently noted that GM has spent more than $103 billion on health care in the past 15 years - one big reason the company is in its current predicament. (See TIME's photo-essay "Detroit's Beautiful, Horrible Decline...

Author: /time Magazine | Title: Why Detroit Retirees Have Health-Care Anxiety | 5/31/2009 | See Source »

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