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In a move generally ignored by most media outlets, the Biden administration this week made the shareholders of a small number of for-profit health insurers much richer. As I’ve noted many times in recent years, insurers’ new cash cow is the federal government’s Medicare program, which has become increasingly privatized...
Tarbell is highlighting the government fines and penalties businesses pay when they engage in fraudulent or criminal behavior. Often, these fines are just a small part of the firms’ annual revenue and don’t actually serve as a deterrent. To these companies, it’s just the cost of doing business. Some pharmaceutical...
In last week’s speech by President Biden, something stood out to me that was overlooked by many pundits: the president spoke of the NEED to fix sky-high health insurance deductibles immediately. It's not the sexiest topic, but here's why it matters. Many think that...
America’s biggest corporations—prescription drug distributors in particular—are playing in our growing opioid epidemic.
Health insurance industry executives knew from the beginning that their strategy of moving as many Americans as possible into high-deductible health plans would lead to financial ruin and even early death for millions. But they didn’t care. They cared more about implementing a strategy that gave them greater assurance...
Let us see if the Devos family has the heart to chip in on a woman's transplant.
Some states are once again offering insurance across trade organizations or business groups, but will the revamped program have the same old flaws?
Here’s what you need to know about Anthem–the giant for-profit health insurer that owns several Blue Cross plans across the country–that no one else seems to be paying attention to: Anthem, one of the Big Six health insurers, has gone from a company that just 10 years ago took...
If you’re buying health insurance on your own this year, the marketplace is more complicated – and dangerous – than ever. Dangerous?  How can that be?  This is health insurance we’re talking about, not some sketchy Internet site. But the reality is that the scam artists are out in full...
Insurance company CEOs and their shareholders, that’s who.
Congress has prohibited the government from bargaining for cheaper Medicare medications under Part D.
When you buy an overpriced medicine at the pharmacy, a complex network of players has taken a quiet cut. They aim to keep it that way.
In the ongoing debate about how to reform the U.S. health care system, critics of proposals which would make our system more like those in other developed countries claim that physicians would become so dissatisfied they would leave the practice of medicine in droves. 
For an example of just how heartless and profit-obsessed health insurers are, take a look at what is playing out in Connecticut, where my former employer, Cigna, is based.  Low income people with diabetes in Connecticut and other states are having a hard time...
The new class of Democratic representatives entered Congress on an independent streak, disavowing corporate PACs and championing grassroots support. Many kept to their words, but major health corporations and associated donors still made their influence apparent. In fact, every Democratic Freshman representative took some form of money from health...
A campaign cobbled together on a tight deadline required by Oklahoma’s strict referendum law, battled and won a narrow victory last Tuesday to amend the state’s constitution and mandate the expansion of Medicaid, overcoming the opposition of a Republican governor and legislature and major out-of-state funding for...
An Appalachian physician explains how just five insurance powers control most of the market and what that means for patients.
This is part two of a two-part series exploring racism as a public health crisis in Appalachia and its compounding due to COVID-19. Read part one here.  As COVID-19 bore down on his community, Thomas Beavers recognized that primary among...
Open enrollment is over and the flood of advertisements for Medicare Advantage plans has ended for another year. I’m happy to report that, once again, I’ve managed to avoid signing up for one of those plans. For those who aren’t familiar with Medicare Advantage...
I’d like to introduce you to a couple of former colleagues of mine who played key roles in making sure you pay a lot out of your own pocket before your coverage kicks in. Meet David Cordani, CEO of Cigna, and Karen Lynch, CEO of CVS Health, which now owns...