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Wednesday, January 18, 2012

Time for Big Pharma to disclose its payments to doctors? - The Week

Time for Big Pharma to disclose its payments to doctors? - The Week: The Obama administration is preparing to require drug companies to disclose how much they pay doctors for everything from speaking engagements to travel. Some researchers suspect these perks can drive up health-care costs by encouraging doctors to prescribe more expensive drugs and medical devices. Advocates of the new rule, which is part of the president's sweeping health care reforms, say it will benefit patients by discouraging doctors from letting ties to drug makers influence treatment. But pharmaceutical industry executives say it will scare doctors from working with drug companies, potentially hurting health care as a result. What does the new requirement really mean for patients?

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