August 8, 2007

Who’d of thought that medicine would be used as a loss leader for larger retail chains?

Filed under: Health Care Market Trends — howmuchdoc @ 7:40 pm

An article in the 8-8-07 edition of USA Today announces how the Publix grocery chain is going to give away several antibiotics……. free.  The free medications aren’t free to Publix so the intent is obviously to use these medications as a loss leader.  A loss leader is a tool to bring customers into the store.  While in the store, in addition to the medications the customer will also pick-up milk, bread, etc.  And the hope is that the customer will become a loyal customer in the future.  Another version of ‘grateful patient syndrome’.

The blog posts on USA Today following this announcement were somewhat pessimistic.  Many noted that these were already inexpensive medications.  As a physician, I can see no harm.  A reduced cost of care is a reduced cost of care no matter how you wrap it.  Other comments noted the resistance that has been developed to antibiotics.  But hey, you still need an Rx to get the medications.

Who’d have thought that we’d be seeing the art of medicine used as a loss leader for large retail chains.

Jeff

Who are the uninsured?

Filed under: Un-Insured Patients — howmuchdoc @ 6:56 pm

It seems like the uninsured aren’t just folks who can’t afford health care.  Many of the uninsured are folks who are willing to take the risk of being uninsured.  And who’s most likely to take that risk?  It seems that most of these folks are young adults.

The CommonWealth Fund just came out with a review of who makes up the uninsured.  Interestingly, more than 13 million 19-29 year old young adults were uninsured in The US in 2005.

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