Archive for January 5th, 2015

Health Care Fixes Backed by Harvard’s Experts Now Roil Its Faculty

Monday, January 5th, 2015

collegeprof-By ROBERT PEAR

WASHINGTON – For years, Harvard’s experts on health economics and policy have advised presidents and Congress on how to provide health benefits to the nation at a reasonable cost. But those remedies will now be applied to the Harvard faculty, and the professors are in an uproar.

(more…)

Compound Drugs – A Killer Scam

Monday, January 5th, 2015

rxcompoundscam

By Joe Paduda

Compound drug use is exploding – so much so that Texas has changed their employee benefits program to limit reimbursement to $300.  They didn’t have much choice, as the Texas Employees’ Retirement System’s compound drug costs have gone up 4,600% over five years.  That was not a typo.

(more…)

Indictment Alleges Massive Rx Scam – $100 Million in Overbilling

Monday, January 5th, 2015

rxscam

“workers’ compensation insurers would be billed in “the $1,500 to $3,000 range” for creams that had a wholesale cost of about $70………

In October and December of 2010, Sorat wore a wire while eating lunch with Ahmed. On the tapes, Ahmed can be heard boasting of his success: “I’m a behemoth, I make 8 to 10 million a month….It’s the fee schedule man! You got to mark it up. It’s like a 200 percent markup”

(more…)