Johnson & Johnson to End Line of Drug-Coated Heart Stents
By DUFF WILSON
Johnson & Johnson announced on Wednesday that it would stop manufacturing drug-coated heart stentsby the end of the year, abandoning an intensely competitive $4 billion market after a series of setbacks for the company and rising concerns about the use of stents in some patients.
The company is expecting to take a $500 million to $600 million restructuring charge this quarter and to trim 900 to 1,000 jobs this year.
Children on Medicaid Shown to Wait Longer for Care
By DENISE GRADY
Children with Medicaid are far more likely than those with private insurance to be turned away by medical specialists or be made to wait more than a month for an appointment, even for serious medical problems, a new study finds.
Lower payments by Medicaid, delays in paying and red tape are largely to blame, researchers say.
As Number of Medicaid Patients Goes Up, Their Benefits Are About to Drop
By ROBERT PEAR
WASHINGTON — The Obama administration injected billions of dollars into Medicaid, the nation’s low-income health program, as the recession deepened two years ago. The money runs out at the end of this month, and benefits are being cut for millions of people, even though unemployment has increased.
Cameron Revises Overhaul Plan for British Health Care
By SARAH LYALL
LONDON — After enduring months of criticism over his bold proposal to drastically overhaul Britain’s publicly financed National Health Service, Prime Minister David Cameron on Tuesday released a new, watered-down version of the plan designed to be more palatable to interest groups and to Parliament.
The opposition Labour Party seized on the chance to accuse Mr. Cameron of making an embarrassing U-turn on a cherished policy. But the prime minister said that on the contrary, the new proposal showed that his Conservative-led coalition government was flexible and willing to modify its programs when the occasion called for it.
Competing Ideas for Saving Medicare
To the Editor:
Our Lefty Military
By NICHOLAS D. KRISTOF
As we search for paths out of America’s economic crisis, many suggest business as a paradigm for cutting costs. According to my back-of-the-envelope math, top C.E.O.’s earn as much as $1 a second around the clock, partly by cutting medical benefits for employees. So they must be paragons of efficiency, right?
Actually, I’m not so sure. The business sector is dazzlingly productive, but it also periodically blows up our financial system. Yet if we seek another model, one that emphasizes universal health care and educational opportunity, one that seeks to curb income inequality, we don’t have to turn to Sweden. Rather, look to the United States military.
How Libby, Montana, Got Medicare for All | |
| By: Kay Tillow Wednesday June 15, 2011 8:27 pm http://my.firedoglake.com/kaytillow/2011/06/15/how-libby-montana-got-medicare-for-all/ | |
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