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...Average price for a hardcover fiction book in 2008, according to the School Library Journal. The average price for a hardcover nonfiction book...

Author: By SANGHYEON PARK, CRIMSON STAFF WRITER | Title: By the Numbers: Budget Cuts | 10/22/2009 | See Source »

...drugs approved in 2015 will be. Biologics average more than 20 times the cost of traditional drugs: treating breast cancer with a year's worth of the biologic Herceptin can cost $48,000; Remicade, for rheumatoid arthritis, can cost $20,000 annually. For other, rarer diseases, the price of biologic treatments can be as high as $200,000 a year...

Author: /time Magazine | Title: How Drug-Industry Lobbyists Won on Health-Care | 10/22/2009 | See Source »

...policymakers look for ways to control health-care costs, the price of biologics is drawing more and more scrutiny. The obvious model for bringing in competition is a 1984 law that Waxman wrote with Republican Senator Orrin Hatch. It lowered the regulatory obstacles that prevented generic drugs from making their way to market. At the time, it was expected that fast-tracking the approval of "bioequivalent" drugs would bring down medical costs by $1 billion a year. But with generics now accounting for more than 70% of prescriptions dispensed in the U.S., "the actual savings have exceeded our wildest expectations...

Author: /time Magazine | Title: How Drug-Industry Lobbyists Won on Health-Care | 10/22/2009 | See Source »

...drop their (already cautious) support of the ambitious overhaul. It was also no surprise that Senate majority leader Harry Reid would invite the American Medical Association (AMA) and 10 other doctors' groups in for a meeting. But what came out of that session, critics say, is too high a price for maintaining physicians' backing: a stand-alone, unfunded bill on the Senate floor this week that would hand doctors $247 billion more than they would otherwise get for their Medicare services over the next 10 years. (Read "Understanding the Health-Care Debate: Your Indispensable Guide...

Author: /time Magazine | Title: Latest Threat to Health Reform: Docs' Reimbursement | 10/21/2009 | See Source »

...reform bill, said Senator Jon Kyl, the No. 2 Senate Republican, "I also see it as a transparent way to take the deficit off the table." Republicans have called the move a budget trick, one of many Democrats are using, they say, to help keep down the final price tag of the reform bill; they insist it actually costs more than $1.2 trillion over 10 years instead of the less than $900 billion the Congressional Budget Office estimates the Baucus version of the bill will cost, all of it offset by cuts to avoid adding to the deficit...

Author: /time Magazine | Title: Latest Threat to Health Reform: Docs' Reimbursement | 10/21/2009 | See Source »

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