Happening in Washington
healthcare
Wendell Potter @wendellpotter ·
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.
Wendell Potter @wendellpotter ·
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
Wendell Potter @wendellpotter ·
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
Wendell Potter @wendellpotter ·
What @bobjherman said but also this: tens of millions of Americans are functionally uninsured because deductibles are ridiculous. Insurers and their shareholders are rolling in the dough. The 100 million Americans with medical debt? Not so much https://twitter.com/bobjherman/status/1554508070637735937
Worth keeping in mind that a "record low" uninsured rate still = 26.4 million people with no health insurance. That's equivalent to the population of Florida and Louisiana combined, fending for themselves for their entire medical bills. https://twitter.com/CitizenCohn/status/1554505476754358273
loopcoalition @loopcoalition ·
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
Tarbell @tarbellorg ·
#FollowTheMoney
So let me get this straight: Exxon's net income amounted to $2,245.62 every second of every day during Q2, but government spending is to blame for rising gas prices?
tarbell_org
