The Wellness Industry: Financially Toxic, Says Ethicist

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Ethics News

Sports Medicine,Socioeconomics,Exercise

Ethicist Art Caplan discusses excessive spending in the wellness industry and the need to have informed conversations with patients.

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People look around for savings. Rightly, we can't go on with the prices that we're paying. No system could. We'll bankrupt ourselves if we don't drive prices down. Does any or most of this stuff work? Do anything? Help anybody? No. We are spending money on charlatans and quacks. The US Food and Drug Administration (FDA0, which you might think is the agency that could step in and start to get rid of some of this nonsense, is just too overwhelmed trying to track drugs, devices, and vaccines to give much attention to the wellness industry.

That industry is completely out of control. Wellness interventions, whether it's transcranial magnetism or all manner of supplements that are sold in health food stores, over and over again, we see a world in which wellness is promoted but no data are introduced to show that any of it helps, works, or does anybody any good.

 

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