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…

Why did life expectancy fall in Canada?

According to a news report in The Globe and Mail, one of the primary reasons for falling life expectancy in Canada is the opioid epidemic. Life expectancy in Canada has stopped increasing for the first time in more than four decades, due largely to soaring overdose deaths in the Western provinces. In British Columbia, the…

Growing health care spending in China

One can expect health care spending in China to grow for two reasons in the coming years. First, with the economy growing, individuals and the government will have more money to spend on health care. Second, China is aging rapidly and older individuals require more health care services. Thus, it should come as no surprise…