HHS, the Treasury Department and the Department of Labor issued proposed rules on Friday that clamp down on short-term limited duration health plans, which offer cheap but sparse coverage that Democrats deride as “junk insurance.” The rule, which is meant to protect consumers and bolster the Obamacare exchange, would overturn a 2018 Trump-era regulation and satisfies liberal lawmakers and patient groups who have demanded the administration act since its first days in the White House.
Category: Cost of Healthcare
Saturday Links
- Sirtuins, a compound in red wine, doesn’t that make you live longer. That undermines an argument in Lifespan: Why We Age and Why We Don’t.
- Here is a critical review of lifespan.
- One more study: IQ is positively related to life outcomes.
- Sen Cassidy outlines his prescription drug policy agenda.
- Claim: 1 in 3 children in the world are poisoned by lead.
- Oncologists are rationing inexpensive cancer drugs. (NYT)
- Of 252 new drugs approved by the US FDA from 2011 to 2021, only 3 (1.2%) would meet the UK’s cost benefit threshold ($20,000 to $30,000 per quality adjusted life year saved).
- White House targets short term health insurance plans.
Supreme Court Justice Tells a Whopper
“For high-risk Black newborns, having a Black physician more than doubles the likelihood that the baby will live.”
Justice Ketanji Brown Jackson
Should You Brownbag Your Own Hospital Drugs?
Everyone probably knows what brown bagging is. That’s when you pack a sandwich in a brown paper bag and take it to work rather than joining your spendthrift colleagues, when they go out for lunch or order takeout. Sometimes it saves you the time of going out to eat but mostly it saves you the expense of a meal prepared by a restaurant. A sandwich, an apple and a container of yogurt that costs you less than $2 to pack at home substitutes for a $12 takeout meal. In the hospital industry the practice of brown bagging is called white bagging. That is when your insurance company refuses to pay the hospital’s 600% markup for costly oncology drugs and has them delivered to the hospital for patients’ infusions (or patient picks them up at the specialty pharmacy)