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The Insurance Industry´s
Misguided War on Drugs

Investor´s Business Daily, by Staff

Original Article

Posted By:RustMB, 6/17/2014 7:24:33 AM

Anti-Capitalism: You´d think that after ObamaCare´s chaotic launch, premium rate shocks, subsidy foul-ups and costly ad hoc changes, the insurance industry would attack the law. Instead, it´s slamming the drug industry. "Drugmakers have no straight-face explanation to justify the increasingly astronomical prices they have been charging for their medications," complains one of numerous public relations communications sent recently by the industry trade group America´s Health Insurance Plans. The group has called drug prices "unsustainable" and accused the industry of "price gouging." The focus of the industry´s fury at the moment is Sovaldi, a breakthrough treatment that can cure Hepatitis C,

      


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Reply 1 - Posted by: RancherJack, 6/17/2014 10:51:25 AM     (No. 9889316)

War on drugs? Then why is my TV full of drug ads?

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Reply 2 - Posted by: ColonialAmerican1623, 6/18/2014 1:01:50 AM     (No. 9890254)

I believe there are two pills for Hep C now.
The objection is because it´s $1000 per pill. It seems cheaper in the long run. Medicaid has approved it in some states.

Years ago, a client had to self inject his interferon and the physician made a mistake. When he changed doctors and they told him he had to start over, he said I would rather kill myself.

Not to worry, Zippycare will make sure we die off to keep cost low. /s

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Posted By: RustMB- 7/9/2014 6:59:59 AM     Post Reply
Buried in a largely overlooked government audit of the Obama-Care exchanges is a finding that casts still more doubt on the reliability of the 8 million enrollment number commonly cited by the administration and the press. In a section titled "Other Issues," an inspector general report released last week found that the HealthCare.gov marketplace couldn´t show it had been reconciling its monthly enrollment numbers with insurance companies. That´s despite the fact that the law specifically calls for this reconciliation, and the fact that, as the IG report notes, "the federal marketplace obtained the services of a contractor to reconcile enrollment

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Investor´s Business Daily, by IBD Staff    Original Article
Posted By: RustMB- 7/6/2014 7:23:04 AM     Post Reply
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Investor´s Business Daily, by IBD Staff    Original Article
Posted By: RustMB- 7/2/2014 6:56:56 AM     Post Reply
Accountability: Two new audits reveal failures in ObamaCare on a scale even we didn´t think possible, with unresolved discrepancies, rules violations and technology problems that expose taxpayers to massive overpayments. In the first of a series of ObamaCare audits, the Health and Human Services inspector general found 2.9 million "inconsistencies" in applications submitted to the federal HealthCare.gov exchange in the first five months of open enrollment. In other words, the Social Security numbers, income, family size, citizenship or other information applicants provided didn´t match existing government data. Some 1.3 million of the problems involved citizenship, and an additional million involved income, the

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Investor´s Business Daily, by IBD Staff    Original Article
Posted By: RustMB- 6/25/2014 11:39:37 AM     Post Reply
Enrollment: ObamaCare loyalists are trumpeting a new Kaiser Family Foundation survey finding that more than half of those who enrolled had been uninsured. But the survey´s findings are nothing to cheer about. First, nobody knows exactly how many ObamaCare enrollees were previously uninsured, because the administration didn´t bother to ask for that information when people signed up. So it´s been up to pollsters to figure out what happened, and previous surveys showed that only a small percentage of ObamaCare sign-ups came from the ranks of the uninsured. The new Kaiser survey, in contrast, found that 57% of those getting coverage through an

   

 

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The Insurance Industry´s
Misguided War on Drugs
Investor´s Business Daily, by Staff    Original Article
Posted By: RustMB- 6/17/2014 7:24:33 AM     Post Reply
Anti-Capitalism: You´d think that after ObamaCare´s chaotic launch, premium rate shocks, subsidy foul-ups and costly ad hoc changes, the insurance industry would attack the law. Instead, it´s slamming the drug industry. "Drugmakers have no straight-face explanation to justify the increasingly astronomical prices they have been charging for their medications," complains one of numerous public relations communications sent recently by the industry trade group America´s Health Insurance Plans. The group has called drug prices "unsustainable" and accused the industry of "price gouging." The focus of the industry´s fury at the moment is Sovaldi, a breakthrough treatment that can cure Hepatitis C,

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Investor's Business Daily, by Editorial    Original Article
Posted By: RustMB- 6/14/2014 8:37:34 AM     Post Reply
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Author corrected to site style by Staff.

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87% Of Uninsured Can Avoid
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Posted By: RustMB- 6/6/2014 6:56:54 AM     Post Reply
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