Few things about the American health care system infuriate patients and doctors more than prior authorization, a common tool whose use by insurers has exploded in recent years.
Money Over People
As philosophers from Socrates to Jesus to Adam Smith have told us over and over: unregulated greed always ends up enriching the few while devastating the rest of society.
Never-before-seen IRS records show that CEOs are sometimes making multimillion-dollar bets on the stocks of direct competitors and partners—and doing so with exquisite timing.
A cadre of newcomers and direct government competition aims to break open the insulin market that three companies—Eli Lilly, Sanofi, and Novo Nordisk—have long dominated with their escalating prices.
Mounting evidence is showing gas stoves pose a health risk. Not surprisingly, the fossil fuel industry has been pushing back hard. Now, we find out they've known about the problem and have hidden it for over half a century.
Private insurance giants are offering luxury vacations and other incentives for agents to "push seniors into the most expensive Medigap plans."
Paul Davis has “one of the rarest tumors on the planet.” The rare eye cancer requires $50,000-a-week drug treatments to keep Davis alive, and he worries saddling his family with crushing medical debt when he’s gone.
The very fact that nursing homes, an essential and sensitive social function, are now called an “industry” reflects a total perversion of their purpose.
Doctors are increasingly being replaced by nurse practitioners and physician assistants who can perform many of the same duties and generate much of the same revenue for less than half of the pay.
Profiteering Nursing Home Owners Grabbed Cash During the Pandemic While Their Residents Deteriorated
Owners of multiple nursing homes operated as virtual slumlords, neglecting buildings, staffing and patient care all the while paying themselves and their families lavishly.
Chevron's announcement came as they and other big oil producers are set to announce a record $199 billion in collective 2022 profits, 50% higher than the previous record.
U.S. Transportation Department is reportedly investigating whether three airlines have scheduled flights they know they can't staff.
A review of more than two dozen Georgia title pawn contracts found that annual interest rates in typical TitleMax contracts ranged from 119% to 179%.
There are three words that don't belong together: "health," "care," "Investors." Yet a San Francisco conference just showcased worries in this "industry" that they may not be able to keep ripping off the public as much as they desire.
Payday lending is inherently predatory and private equity is turbocharging its abuses, enlarging the burden it places on low-income individuals and borrowers of color.
Critics warn that profit-hungry private equity ownership could result in higher prices for patients and insurers, more unnecessary surgery, and less access to care for patients on Medicaid or those who are uninsured or underinsured.