An article by Kaiser Health News explained that Medicare Part D drug plans can change individual drug prices and/or cost sharing soon after open enrollment closes. For instance, a recent analysis by AARP found that about a month after Medicare drug plans went into effect, prices had risen by 8% on 75 of the most frequently used drugs. Seniors who select a plan specifically for its price on a given drug are likely disappointed when prices rise, or copays increase. Yet, once in a plan seniors cannot switch to another plan until the next open enrollment period at the end of the year.
Category: Drug Prices & Regulations
Obamacare (and Hospitals) Increased Medical Debt
Medical debt is the most common third-party debt collections listed in credit reports, at 58% of debt in collections. There are no reliable estimates of the number of patients sued or exposed to debt collection harassment, but it could number into the hundreds of thousands each year.
Are Drug Companies Bribing Patients?
Bribery is common in some parts of the world, but bribes are illegal in the United States. Bribes are a form of corruption. That is, paying a bribe corrupts an otherwise market-based, competitive transaction.
Doctors as Slave Labor
For many years Cuba has been sending doctors to practice medicine in other countries. Yet far from being a humanitarian exercise, Cuba has actually been engaging in human trafficking for profit.