A threat to the pharmaceutical industry………..?
Day: September 21, 2017
The Big Heist
Pfizer Sues Johnson & Johnson Alleging Anticompetitive Practices
What Consumers Can’t See Will Hurt Them
If Pfizer is successful, it could discourage brand name companies from using deals with insurers to limit competition
Editor’s Note: Plan sponsors have no idea how the economics of our health care delivery system are birthed behind closed doors between third party intermediaries (carriers, PBM’s, etc) collaborating with one another………………….It’s all about the money and nothing about consumers………..
Continue reading Pfizer Sues Johnson & Johnson Alleging Anticompetitive Practices
Blue Cross Against ObamaCare Repeal Bill
“The bill contains provisions that would allow states to waive key consumer protections……”
Editor’s Note: Why is BCBS against the latest attempt to repeal ObamaCare? Could it be that onerous mandates that drive costs up leads to higher premium costs resulting in higher carrier profits through application of the Minimum Loss Ratio government requirement? If a carrier is required to return 80 cents on the dollar in benefits, the higher the cost the more income the remaining 20% produces to the benefit of the carrier’s bottom line. Carriers these days are breaking financial performance records in valuation growth………………..
Study: Changing Carriers = Higher Utilization?
These average utilization changes reflected larger changes in use shortly after the insurance switch that diminished over the subsequent year………………..
Continue reading Study: Changing Carriers = Higher Utilization?