Day: December 3, 2015

18-Month Investigation Reveals a Pricing and Marketing Strategy Designed to Maximize Revenue with Little Concern for Access or Affordability

Continue reading Investigation Reveals Solvadi Drug Pricing Strategy

“Many employers have figured out they can keep a lid on health insurance costs and still dodge ObamaCare’s employer mandate penalty by offering “affordable” coverage that modest-wage workers find unaffordable.”

Andy Puzder, CEO of Carl’s Jr. and Hardee’s parent CKE Restaurants, says that just 420 of 5,453 full-time workers offered a $5,500-deductible plan were willing to pay the $1,116 premium. The New York Times reports that insurance take-up by fewer than 10% of low-wage workers is commonplace.

Wendy’s (NASDAQ:WEN) initially expected its health insurance tab to jump by $25,000 per restaurant, but cut that to $5,000 after finding few interested employees.

Continue reading Unaffordabe Affordable Care Saves Employers Big Bucks