Thursday, January 5, 2012

TED Talks: Some common sense on health care

TED (conference)
Image via Wikipedia
If you are not familiar with TED talks take a look at the listing site.  One recent posting is of a common sense idea to reduce the cost of medicine by creating an alternative market mechanism, a Health Impact Fund, that would compensate pharmaceutical companies based on the impact of a drug on health.  The basic notion is that a pharma company could enroll a drug in a Health Impact Fund.  Such drugs would be sold at cost and the Pharma company receive a portion of the Health Impact Fund tied to the impact the drug has on overall health.  Worth listening to.
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