WASHINGTON (AP) — When many of us have a medical appointment we’re concerned about our finances: how much will we owe out-of-pocket? What’s our co-pay? But next time, you may also want to ask your doctors about their financial situation.
That’s because nearly 95 percent of U.S. physicians accept gifts, meals, payments, travel and other services from companies that make the drugs and medical products they prescribe, according to the New England Journal of Medicine. This has been a common practice for decades and studies show it affects doctors’ prescribing decisions. But for the first time, patients will soon be able draw back the curtain.
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