How should you price new therapies when the standard of care is not cost effective?

Let’s say that there is a very severe disease—let’s call it horriblitis—with significant impacts on patient morbidity and mortality.  The only available treatment for horriblitis is drug called BlackPill.  BlackPill improves health outcomes by 1 QALY over best supportive care (BSC), but costs $500,000 over the patient’s lifetime.   While not cost effective by traditional standards,…

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Musk Moves US to Socialized Medicine

By THCB STAFF After a few weeks analyzing government spending and putting all of his calculations into Grok, the head of DOGE, Elon Musk, has made another decisive move in the attempt to save the government money. Speaking on the Joe Rogan show, Musk declared that his team had given Big Balls and Little Balls…

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