Donate

headlines

Contributed Content

Happening in Washington

healthcare

Here are some key take-aways:

- JUST 3 insurers' PBMs (@Cigna, @CVSHealth, @UHC) control 80% of the pharmacy benefit market.
- The Big 7 control 69% of the Medicare Advantage market.
- 53% of all Medicaid beneficiaries are now enrolled in health plans managed by the Big 7.

GET THIS: Dr. Oz wants to force Pennsylvania seniors into Wall Street-run health insurance plans that studies show cost taxpayers FAR MORE than original Medicare + makes it harder for doctors to prescribe the medications and treatments their patients need.
https://wendellpotter.substack.com/p/dr-oz-wants-to-force-pennsylvania

THE BAD NEWS: Big insurers have been announcing record profits. Thanks, in part, to Americans paying sky-high out-of-pockets.

THE GOOD NEWS: Politicians and the media are FINALLY realizing that high OOP costs are breaking the budgets of American families.
https://wendellpotter.substack.com/p/as-big-insurance-announces-record

The price of insulin has been steadily increasing over the last decade.

In fact, 14.1% of Americans face "catastrophic" spending levels from insulin alone, with Medicare beneficiaries especially vulnerable to coverage inequities.

https://www.healthaffairs.org/doi/abs/10.1377/hlthaff.2021.01788