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February 10, 2006

Comments

Trapier K. Michael

Re: "These are the trade-offs we need to think about when designing insurance. On the one hand, it's psychologically frustrating to wait three months for treatment. On the other, I wouldn't judge this particular treatment worth $3,000 instead of postponing it 5 weeks."

Bingo.

Ari

It is highly likely that the real reason FDA only approved it for one-time use is that the company only sought one-time use approval. Medical devices tend to be low marginal cost, high fixed/development cost items. Given that, the best strategy is to get it approved for one-time use. Who's going to pay $3K for a replacement pad? Besides, devices are patentable and hard to copy, whereas replacement pads are not. Moreover, once the FDA says one-time use, you've now effectively killed the used market that normally competes with new device sales.

That Girl

I know that a lot of people of my aquaintance in blogworld have started to advertize various things they have left over from medical treatments for someone who needs them's use.
I didnt replace my son's nasal canula every week even though they sent me one every week so I sent my leftovers to someone who needed them.
That will also start to take care of the problem.

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