Health Care Costs In America

UnitedHealth, employer of slain exec Brian Thompson, found to have overcharged some cancer patients for drugs by over 1,000%​

• OptumRx, the group's pharmacy benefit manager, along with its two main peers, Express Scripts and CVS Caremark Rx, have pocketed an extra $7.3 billion over cost thanks to price gouging, according to the findings of a report by the Federal Trade Commission. CVS Caremark Rx blasted the findings for cherry picking certain drugs in an effort to push what it called an 'anti-PBM' narrative.

UnitedHealth Group is charging patients a markup for key life-saving drugs that could easily exceed their cost by a factor of ten or more, according to findings from the Federal Trade Commission.

More:

https://www.msn.com/en-us/health/ot...S&cvid=5aafa5ef2120485d97b2940ab27fe64c&ei=16

Ya gotta ask yourself..............why do we pay more for drugs and medical care here in America than any other country on earth pays.

Donald Trump's Medicare Executive Order Explained​

President Donald Trump has rescinded former President Joe Biden's executive order 14087, which was put in place to lower the cost of prescription drugs for Americans.

Newsweek has reached out to the Trump transition team outside of regular working hours via email for comment.

Why It Matters​

Trump signed a flurry of executive orders and took a number of other presidential actions on Inauguration Day Monday as he fulfilled a campaign pledge to enact a sweeping conservative agenda upon his return to the White House.

More:

https://www.msn.com/en-us/news/poli...S&cvid=85d061e96a974a9fad1cd9c9f0c815a3&ei=15

Inside Trump’s Million-Dollar Dinners With Healthcare Executives​

First came the pharmaceutical executives.

Then the insurance companies and the hospital leaders. During two months that shattered records for presidential transitions, healthcare executives wrote among the largest checks, paying millions of dollars to attend at least six different dinners with now-President Trump before he took office, according to people familiar with them.

In his gold-covered, chandeliered dining room just off the lobby at his Mar-a-Lago club, Trump discovered one of the most lucrative moneymaking ventures of his career, sometimes serving chopped steak, showing off his iPad playlist and listening to executives looking to bend his ear and complain about others.

Altogether, Trump has told associates he raised about $500 million. Much of it came from the healthcare industry, which is potentially facing sharp changes under Trump’s new health secretary. Robert F. Kennedy Jr. has criticized the use of vaccines, described federal health agencies as beholden to the interests of drugmakers and suggested banning television drug ads.

More:

https://www.msn.com/en-us/news/poli...hcare-executives/ar-AA1zk3GB?ocid=socialshare

Why The U.S. Has A Health Care Claim Denial Problem​

Feb 22, 2025 #CNBC #HealthInsurance

UnitedHealthcare has been at the center of growing public frustration with the health insurance industry. The brutal killing of its CEO, Brian Thompson, in December marked a turning point, intensifying scrutiny over insurers' denial of coverage. Despite numerous reports highlighting a rise in claim denials, the fragmented system makes it nearly impossible to track how often insurers reject claims. For most Americans, there's no place to look up insurer denial rates. Watch the video above to learn more.

17:54

Chapters:
0:00 Introduction
1:16 Chapter 1. Insurance claim denials
3:22 Chapter 2. How big is the problem?
7:47 Chapter 3. Scrutiny of UnitedHealthcare Group
11:26 Chapter 4. Looking ahead

Why Caring For Elderly Parents Is So Expensive In The U.S.​

Mar 1, 2025 #CNBC

Baby boomers, quickly approaching old age, are poised to hit an already overburdened senior care space in the next few years. Investors with deep pockets are looking to make money off the aging cohort by buying up nursing homes and hospice operations. As the cost of senior care continues to climb financial planners urge families to shore up finances as political uncertainty around Medicare and Medicaid could mean more seniors and their families are paying out-of-pocket.

11:09

Chapters:
0:00-1:56 Intro
1:56-3:50 Senior Care
3:50-6:00 Private equity
6:00-9:10 Patient outcome
9:10-11:09 Financial preparedness