Michael G. Chan

Health Insurers Looking To Pay Less When Drugs Don’t Work As Advertised

If a drug maker says their new prescription medication will reduce cholesterol by a certain percentage, or that it will counter symptoms of some chronic illness, but it doesn’t quite live up to its marketing, should the insurance companies still pay the price they originally agreed to? A growing number of insurers are making deals that tie the price of a drug to its real-world performance. [More]

Verizon CFO: Getting Rid Of Phone Subsidies Is A Mistake

Verizon CFO: Getting Rid Of Phone Subsidies Is A Mistake

While T-Mobile and AT&T have, to different degrees, begun to acknowledge that a growing number of consumers want pricing transparency and affordable ways to buy phones that could be taken from one carrier’s network to another, Verizon remains set in its old-school ways. [More]

This sea lion may not be getting the tastiest salmon by choosing wild fish over farmed. ( photo bypwrplantgirl)

Salmon From Costco, Trader Joe’s Beat Out Fancy, Expensive Fish In Taste Test

The Washington Post recently provided a top chef with a variety of wild and farmed salmon, ranging in price from $6/lb. to $20/lb., and had him prepare dishes for a table of food-snob judges. In the end, farmed salmon handily defeat the wild stuff and the Post concluded that you don’t always get what you pay for. [More]