America has a collective drinking problem. And an eating problem. This is all made worse by Americans propensity to sit at home watching TV or playing video games. A recent study has found that deaths from alcoholic cirrhosis have more than tripled in 20 years. In 1999 alcoholic cirrhosis killed 6,007 Americans or about 3.3 per 100,000 adults. By 2019 the death rate had risen to 10.6 per 100,000. Keep in mind this is only for adults aged 25 to 85+
Category: Health Insurance
Medical Debt: Yet Another Way Obamacare Harms the Sick
According to a Kaiser Health News / NPR investigation, 100 million Americans are saddled with medical debt. This includes 41% of adults. KHN reports that more than half of adults have gone into debt to pay for medical bills within the past five years. One quarter of those with medical debt owe more than $5,000, while 20% never expect to pay it off. Going into debt to pay medical bills is no worse than indebtedness for a car, house, a boat or designer clothes. However, much of this debt is despite having health coverage of some type.
$783.5M in Covid Relief Money Went to Prisoners
Passed in March, the American Rescue Plan granted $1,400 in stimulus money to people making less than $75,000 per year. Republicans objected to sending these checks to incarcerated individuals, but lost on a party line vote. According to a Fox News report:
In response to a public records request from conservative group American Crossroads, the Internal Revenue Service (IRS) revealed that the money flowed to 560,000 individuals who were incarcerated for the full tax year 2020.
Among the recipients of Covid money was the Boston Marathon Bomber.
The FTC wants to Know if Middlemen Increase Drug Prices
The Federal Trade Commission (FTC) is opening an investigation into the business practices of pharmacy benefit managers (PBMs). PBMs have been in the hotseat for quite some time. Executives from the largest PBMs were recently called to testify before Congress to explain whether their business practices lead to higher drug prices. In the latest inquiry, the FTC announced it will require the six largest PBMs to provide a range of information and business records on operations.