News
The $10,000 Deductible and the Myth of ‘Affordable’ Care
4+ hour, 10+ min ago (305+ words) The business of health care is not broken; it is working exactly how it was intended. It was designed for people to pay in just in case something happens and then not to pay out when it does. It was…...
The Inflation Thermometer Isn’t Measuring Health Care’s Heat
2+ day, 1+ hour ago (929+ words) If you remember American politics from the 1990s, then you remember the famous phrase from Bill Clinton's political adviser James Carville that when it came to winning voters, "It's the economy, stupid." But if you listen to today's political debate, you'll…...
2025: Big Insurance’s $1.7 Trillion Year
4+ day, 1+ hour ago (1056+ words) In 2025, the seven biggest health insurance conglomerates: Collected almost $1.7 trillion in total revenues, $175 billion more than in 2024 Made more than $54 billion in profits Covered 10 million fewer people than in 2024 Ramped up their self-dealing by steering more of their health plan…...
Private Insurance is Seeping Into Every Public Health Program: Warning Signs From the Veterans Health Administration
2+ week, 1+ day ago (770+ words) Private Insurance is Seeping Into Every Public Health Program: Warning Signs From the Veterans Health Administration'HEALTH CARE un-covered Private Insurance is Seeping Into Every Public Health Program: Warning Signs From the Veterans Health Administration The VA's quiet turn toward private…...
ICYMI: Patients vs. Profits, Exposing the Insurance Middlemen (The Chad Prather Show)
2+ week, 2+ day ago (266+ words) I thought you might find the conversation I had with Chad Prather of interest. Chad and I had a wide-ranging discussion about the recent Big Insurance CEO hearing in Congress; how insurers have quietly built vertically integrated empires; and how…...
Hawley and Warren Introduce “Break Up Big Medicine Act” to Force Separation of Insurers, PBMs and Providers
2+ week, 3+ day ago (282+ words) UnitedHealth Group, owner of UnitedHealthcare (a health insurer), also owns Optum Bank (which has more HSA assets under management than any other financial institution), Optum Ventures, Change Healthcare, PBMs, speciality pharmacies, and over 2,000 medical provider organizations; CVS Health operates both…...
The 2008 Housing Crash Was a Warning. Health Insurance May Be Next.
3+ week, 3+ day ago (487+ words) To put things into perspective, health care in this country is more than three times the size of the housing market and employs more than 10 times the number of people. If health care ever goes through a correction and crash…...
Senate Judiciary: UnitedHealth Turned Medicare Advantage Risk Adjustment Into a Profit Engine
4+ week, 3+ hour ago (507+ words) Senate Judiciary: UnitedHealth Turned Medicare Advantage Risk Adjustment Into a Profit Engine'HEALTH CARE un-covered Senate Judiciary: UnitedHealth Turned Medicare Advantage Risk Adjustment Into a Profit Engine A Senate report reveals how risk adjustment became a business model " and one of…...
Big Insurance CEO Hearings: 5 Clips to Watch
4+ week, 1+ day ago (1389+ words) Last week, the U.S. House Energy and Commerce and Ways and Means Committees summoned five of the most powerful executives in the American health insurance industry to answer for their outsized roles in the U.S.-health ecosystem. And how their roles are…...
Is This The Beginning of The End for Big Insurance?
4+ week, 2+ day ago (825+ words) This week we are seeing what a tragic mistake we as a country made in turning our health care system over to corporations like UnitedHealth Group that live and die on Wall Street. And it's only Wednesday. I hope lawmakers…...