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Saturday, June 24, 2017

Focus should be on wealthy health insurance companies: Letter to the Editor quoting : Cleveland

McKesson - The pharmaceutical distributor and health care IT company tops the list of biggest U.S. health care companies. Why aren't we focusing on health insurance companies and big pharm, instead of free health care for all? The only pharmaceutical giant among the 10 biggest health care companies saw sales decline 1.5 percent to $48.9 billion. And the pharmaceutical companies must stop advertising on television; stop giving themselves crazy bonuses and stop raising the cost of vital, life-saving drugs. These monster companies are making billions, allowing only the upper class to afford good health care.



Focus should be on wealthy health insurance companies: Letter to the Editor
"MDwise's decision to leave the health insurance Exchange was also influenced by the growing uncertainty over the future of the federally subsidized exchange. Anthem Blue Cross and Blue Shield and MDwise are pulling out of Indiana's health insurance exchange. In 2016 alone, MDwise lost $21 million on its Health Insurance Exchange business. "The 30,800 members throughout Indiana who are covered by MDwise through the Health Insurance Exchange in Indiana are being notified of the decision to withdraw. But more than 70,000 in the state will have to find new insurance plans.

Anthem leaves 2 more state health insurance marketplaces

Health INSURANCEAnthem leaves 2 more state marketplacesAnthem, an Affordable Care Act stalwart, is shrinking its participation in the program and pulling out of two more state marketplaces. Children in Texas and Oregon have been taken to hospitals recently after choking on fidget spinner pieces, the safety nonprofit said. Toy safety is highly regulated under federal law, she said. Diageo said it will initially pay $700 million for Casamigos and then pay another $300 million over 10 years if the brand hits certain performance milestones. The haul of about $77 billion in deals easily surpassed the $50 billion signed at last year's show in England.


collected by :Lucy William

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