Archive for August 30th, 2018

San Patricio County Seeks Insurance Consultant

Thursday, August 30th, 2018

San Patricio County is seeking qualifications from licensed insurance consultants to assist the county with its self-funded employee health & welfare plan. Firms / individuals are invited to submit their qualifications for consideration in providing a proposal for this scope of work.

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A Hospital Giant Discovers That Collecting Debt Pays Better Than Curing Ills

Thursday, August 30th, 2018

Making Money Off Medical Debt

As Tenet and other hospital companies struggle to make money providing medical care, they are turning to the profitable and growing business of collecting debt…………….

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She Paid $3.47 for a Prescription Drug. The Retail Price Was 10,000% Higher

Thursday, August 30th, 2018

 The story underneath is more complicated,” often reflecting a “black-box negotiation process between drugmakers, insurers and the middlemen who haggle behind closed doors over how much money changes hands……………….

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Why Use PBM’s When It’s Cheaper Without Them?

Thursday, August 30th, 2018

Insurance copays are higher than the cost of the drug about 25 percent of the time, according to a study published in March by the University of Southern California’s Schaeffer Center for Health Policy and Economics…………..

Editor – The problem is pharmacists are under a PBM gag order and cannot advise patients when it’s cheaper to pay cash than to use their prescription drug card

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