Berlin says reforms cut spending on medicine
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BERLIN - Germany&#39;s health reform - which aims to maintain universal healthcare by slashing costs - is working as shown by a sharp drop in spending on medicine last month, an official said Monday.
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Some economists say the government can reduce pharmaceutical prices by changing how the nation pays for innovation.
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MONDAY, Feb. 4 (HealthDay News) -- President Bush's new budget proposal would cut $196 billion over five years from both Medicare and Medicaid --  programs that provide health care to millions of poor and elderly, federal officials announced Monday.
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A body that advises the German  government on medical ethics on Monday recommended changing the  law to make stem cell research easier, a view that could boost  the chances of new legislation.
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Swiss drugmaker Novartis said Thursday it plans to cut 2,500 jobs in a restructuring programme aimed at generating yearly cost savings of 1.6 billion dollars (1.1 billion euros).
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Germany's coalition government overcame  months of bickering on Thursday and agreed a compromise on  health care reform viewed as a test of Chancellor Angela  Merkel's leadership and her government's stability.
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The German government said on Tuesday  U.S. plans to pull out 30,000 troops were a sign of Europe's  divisions being healed, but communities hit by the decision  warned they were headed for economic disaster.
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Switzerland's Novartis AG will slash 2.5 percent of its global workforce, aiming for annual savings of $1.6 billion in 2010, becoming the latest major drugmaker to undertake a deep restructuring.
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The medical industry will today call on the government to spend more on innovation and new technology for healthcare rather than on increasing bureaucracy in the National Health Service.
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Czech patients are to start paying doctors for visits, in a controversial healthcare shake-up.
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German papers laments the grand coalition's health reform, while a Spanish paper tackles the British Conservative Party's new path
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GlaxoSmithKline warns it will cut jobs and close some factories as part of a cost-cutting plan
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Plans designed to cut the number of people who go to hospital instead of their GP are set to unveiled.
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Bush is expected to announce trims in healthcare spending, placing the burden back on fiscally strapped states.
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Drug prices are a growing problem, and firms trying to set uniform prices face serious difficulties because of the disparities in how much countries can afford to spend, the head of Britain's health watchdog said on Monday.
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Changes to the way hospitals are paid  are being scaled back amid concerns over "financial volatility".
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Germany, the biggest eurozone economy, risks running foul of the EU's tight budget rules again next year, even if Berlin insists it will be able to meet its deficit commitments in 2005, the Bundesbank warned.