By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    HIPPA compliance
    How Medical Office Staff Can Make Your Practice HIPAA Compliant
    October 29, 2021
    Everything you need to know about hyaluronic acid treatment
    Everything you need to know about hyaluronic acid treatment
    February 10, 2022
    Which Mushroom Capsules Are Good for Your Health?
    May 5, 2022
    Latest News
    7 Most Common Healthcare Accreditation Programs: Which Should You Use?
    August 20, 2025
    Hospital Pest Control and the Fight Against Superbugs
    August 20, 2025
    Hygiene Beyond The Clinic: Attention To Overlooked Non-Clinical Spaces
    August 13, 2025
    5 Steps to a Promising Career as a Healthcare Administrator
    August 3, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    hearing aid market
    Can You Hear Me Now? Another Health Market that Really Works
    November 21, 2013
    Food Biotechnology – Genetically Modified Food Controversies and Health
    February 27, 2018
    Bioethics Commission Calls for More Communication, Proactivity When Dealing with Incidental Findings
    December 14, 2013
    Latest News
    How Social Security Disability Shapes Access to Care and Everyday Health
    August 20, 2025
    How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
    August 20, 2025
    How One Fall Can Lead to a Long Road of Medical Complications
    August 20, 2025
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Paying Bills: A Novel Idea in Southern Europe
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Global Healthcare > Paying Bills: A Novel Idea in Southern Europe
BusinessGlobal HealthcareHealth Reform

Paying Bills: A Novel Idea in Southern Europe

DavidEWilliams
DavidEWilliams
Share
2 Min Read
Image
SHARE

For years some have argued that Americans subsidize health care in the rest of the world by paying high prices for drugs. European and other governments take advantage of the fact that profits in the US market are enough to cover the cost of drug development and use their leverage to get lower prices.

For years some have argued that Americans subsidize health care in the rest of the world by paying high prices for drugs. European and other governments take advantage of the fact that profits in the US market are enough to cover the cost of drug development and use their leverage to get lower prices. There are different ways to look at this issue; some think US payers get ripped off and should pay the lower prices that are available abroad.Image

But lately things have gotten a little more absurd, with drug makers “selling” their wares to cash-strapped European countries but then not getting paid for a year or more –if ever. Greece appears to be the worst offender, and drug companies have been reluctant to cut them off. Spain has been acting similarly as it struggles with economic calamity.

Spain owes more than 6 billion Euros to pharmaceutical companies. It has been considering new ways to cut costs but the industry has been pushing back. Now Spain has come up with a new plan: cut its drug budget but guarantee that it will pay its bills. What a novel idea!

More Read

Hospital Robots Are on Their Way
Healthcare Communication Industry Tests New Offerings as Health Care Reform Evolves
Is Fee-For-Service Really Dead?
Standardizing Patient Care with Clinical Pathways
OCR Just Finalized its Audit Protocols – Are You Feeling Confident About Your HIPAA Compliance?

 

Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

engineer fitting prosthetic arm
How Social Security Disability Shapes Access to Care and Everyday Health
Health care
August 20, 2025
a woman explaining the document
How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
Public Health
August 20, 2025
physiotherapist at work
How One Fall Can Lead to a Long Road of Medical Complications
Health care
August 20, 2025
Common Healthcare Accreditation Programs
7 Most Common Healthcare Accreditation Programs: Which Should You Use?
Health News
August 20, 2025

You Might also Like

Finding Information in Healthcare Exchanges

February 2, 2015
How to Identify and Pursue Claims for Defective health Product Injuries
Global Healthcare

How to Identify and Pursue Claims for Defective Health Product Injuries

February 29, 2024

Are We Entering an Era of Political Cooperation on Medicare?

April 28, 2011

Health Insurance HMO Prices in New York City Non-Affordable for Many

May 31, 2011
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?