The 3Cs

The Economist has an interesting article on how Japan has been able to largely contain COVID-19. Part of the success has been a strong public health initiatives around avoiding the san-mitsu, or the “3Cs”. The 3Cs to avoid are: Closed spaces, Crowded places, and Close-contact settings. The phrase was blasted across traditional and social media.…

Health care in Ukraine

Recently I read an interesting book called Moneyland by Oliver Bullough. The book describes how with porous borders facilitated by the internet, the rich can evade taxes, hide assets, and basically pick and choose the international legal system most favorable to their interests. One interesting part of the book discusses health care in the Ukraine…

How to do external reference pricing

Many European countries use external reference pricing (ERP) to help set their drug prices. External reference pricing caps the prices of drugs at some average or weighted average of the drug price in other countries. The comparison countries typically are either in close proximity or of similar GDP/capita level. The advantage of reference pricing is…