Part of our mission at CMI Interactive is to make sure that our science professionals are educated about their industry. It’s important to stay informed on key issues in biotech, health care, medical device, and pharmaceuticals.
As an example of ways to stay informed about current issues in the health care industry, we highly recommend a recent broadcast from the radio show This American Life. In it they discuss the American health care system’s costs and why they continue to rise.
Episode #391: More Is Less (10-9-2009)
An hour explaining the American health care system, specifically, why it is that costs keep rising. One story looks at the doctors, one at the patients and one at the insurance industry.
Here’s a 30 second preview of the episode
Episode #392: Someone Else’s Money (10-16-09)
This week, we bring you a deeper look inside the health insurance industry. The dark side of prescription drug coupons. A story about Pet Health Insurance, which is in its infancy, and how it is changing human behaviors—for example, if you have the pet health insurance, you bring your pet to the vet more often, and the vet makes more money and…well, you can see the parallels. And insurance company jargon, frighteningly decoded.
Here’s a 30 second preview of the episode
Question: Does McDonald’s make the best hamburgers?
True or False: Pricing a product or service is more of an art than a science.
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