Today is the start of another new year: 2024. There are numerous people who like to start the new year with New Year’s Resolutions that are supposed to make their lives better in some way. Indeed, according to a Forbes poll 62% of people feel pressured to make a New Year’s Resolution. Purportedly, women (64%) feel more pressure than men (60%). Resolutions such as losing weight or exercising more are the most common, representing one-third and one-half of resolutions, respectively. A lot of people also resolve to improve their finances over the year.
Category: Cost of Healthcare
Washington Doesn’t Understand Obamacare
Both parties are getting it wrong. And that’s surprising. Don’t these folks ever talk to the voters?
In the House of Representatives, the GOP’s “number-one priority for health care reform” is lowering health insurance premiums. However, 8 in 10 enrollees in the exchanges pay $10 a month or less. For a family with average income, the premium is usually zero.
WSJ: PBMs and Drug Rebates Perpetuate the High Cost of Drugs
The Inflation Reduction Act (IRA) and the American Rescue Plan Act (ARPA) includes provisions to force down the price of medications paid for by Medicaid, Medicare and consumers. The mechanisms to force down drug prices are convoluted as one would expect, as are the strategies by drug companies, drug plan managers and health insurers to prevent losing profits.