New Study Says Healthcare Costs for Small Business to Decrease; Global Medical Nutrition Market to Top $29B in 2012; EU to Publish New Guidelines for Pharma industry - Health Minute for October 17, 2012

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New Study Says Healthcare Costs for Small Business to Decrease; Global Medical Nutrition Market to Top $29B in 2012; EU to Publish New Guidelines for Pharma industry - Health Minute for October 17, 2012

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Wednesday, October 17, 2012 - 11:15am

CONTENT: Press Release

Small businesses should see a drop in health costs once the 2010 healthcare law is fully implemented, according to a new Urban Institute study. The study’s analysis concludes that the number of Americans covered by employer-sponsored insurance would increase by 2.7 percent while costs-per-person for small businesses, those with fewer than 50 workers, would decrease by 7.3 percent.

The global medical nutrition market is estimated to reach $29 billion in 2013, according to a new report by Research and Markets. An increase in aging populations coupled with growing incidences of illnesses and a condition requiring medical nutrition products has resulted in rapid market growth. Products containing probiotics and prebiotics, primarily targeted at the aging population, are driving unprecedented demand.

The European Union will publish new guidelines for the pharma industry early next year. The guidelines will cover corporate social responsibility and access to medicines in Europe. A poll taken at the annual Gastein Health Forum of healthcare policy makers in the EU found that 97 percent of doctors, legislators, and industry representatives believe that the European healthcare system is struggling with low levels of transparency and trust in the pharma sector.

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Keywords: 3bl Media | European Union | Gaestein Health Forum | Health | Health Minute | Research and Markets | Urban Institute | healthcare law | nutrition | pharma

CONTENT: Press Release

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