Who’s the Biggest Bond Villain in the U.S. Healthcare Cost Crisis?
There is no shortage of candidates: insurers, brokers, big pharma/PBMs, private equity, and monopolistic hospital chains.
With all I’ve seen, I’d say it is monopolistic hospital chains & hospital pricing.
The next time some well-intentioned advocate warns you about the dangers of a government takeover of medicine, do me a favor and show them these numbers. American taxpayers are already funding roughly seventy percent of every medical dollar that moves through this system.
THEM: Healthcare waste can't be *that* bad can it?
ME: We literally lose $20 BILLION a year in fraudulent & wasteful spending on *skin substitutes* for wounds.
Yup, you read that right. & Skin Substitutes is my new Lynyrd Skynyrd cover band.
https://t.co/HKJSk3ZFAR
Want to know just how bad hospitals can be? Welp, to give you an idea, I'm actually rooting for the insurer in this one! [Waiting for lightening to srike me.]
https://t.co/giElcTaAFM
2026 Will Bring “Steepest” Healthcare Cost Increases in 15 Years
(1) Large employers up 9%
(2) Small employers 11%
(3) PPACA “Obamacare” plans are proposing a median increase of 26%.
https://t.co/7s7be3Ral4
Phnemenal Read: THE MIDDLEMEN OF MEDICINE
"Drug manufacturers pay rebates directly to PBMs and PBM Group Purchasing Organizations (GPOs) to ensure their drugs are included on health plan formularies - meaning that their drugs are covered by insurance."
https://t.co/lhD0hoUznH
BP EVERYWHERE: Federal Employees Look Toward Reference-Based Pricing
A new policy proposal suggests that the Fed's healthplan should adopt reference-based pricing to manage its 50 billion dollar annual spend. By capping payments at 200% of Medicare.
https://t.co/6m7Cp7LjoC