UnitedHealth’s political and financial heft just keeps growing

UnitedHealth's political and financial heft just keeps growing
By Bob Herman for Axios UnitedHealth Group’s stock fell 2.3% yesterday even though the company continues to print money and raised its profit projections for the rest of the year. The big picture: Wall Street is quibbling over the “quality” of UnitedHealth’s earnings beat, but that doesn’t really matter. UnitedHealth remains the most financially powerful ...

Soaring Insurance Deductibles and High Drug Prices Hit Sick Americans with a ‘Double Whammy’

Soaring Insurance Deductibles and High Drug Prices Hit Sick Americans with a ‘Double Whammy’
By Noam N. Levey for Los Angeles Times Wendy Matney hesitated to tell her family not to call 911. “It seemed almost selfish to say, ‘Please don’t call because we can’t afford this,’” said the 39-year-old home health aide, who has a form of epilepsy that causes frequent, sometimes violent, seizures. Matney has been to ...

Are You Sure You Actually ‘Like’ Your Private Health Insurance?

Are You Sure You Actually 'Like' Your Private Health Insurance?
In 2018, as millions of Americans borrowed $88 billion to pay for health care, 62 CEOs of health care companies made a combined total of $1.1 billion in compensation By Dr. Sanjeev K. Sriram for Portside When I talk to friends, family, and colleagues about Medicare for All, sometimes someone asks, “but don’t people like ...

The Nightmare of Medical Care in America

The Nightmare of Medical Care in America
To be sick and not rich By Beverly Gologorsky for Common Dreams On this extremely hot summer day, the ear-splitting siren screaming through New York’s streets is coming from the ambulance I’m in — on a gurney on my way to the ER. That only makes the siren, loud as it is, all the more ...

What Does ‘Medicare for All’ Really Mean?

What Does ‘Medicare for All’ Really Mean?
NOTE: At the end, the author raises concerns about reimbursement rates. The proposed Medicare for All system would allow physicians to negotiate with the system for reimbursement. And, it would significantly reduce what physicians are currently spending on billing as well as the headaches of dealing with so many different insurance plans and rules. If ...

Should Institutional Providers Be Incentivized by Profit under Medicare for All?

Should Institutional Providers Be Incentivized by Profit under Medicare for All?
By Lambert Strether for Naked Capitalism I’ve avoided writing about hospitals and other institutions, because my focus has always been on the patient, and whether they get, or don’t get, health care under our horrid mixed system of Medicaid, private insurance, and Medicare (subject to a neoliberal infestation though it may be). However, as Medicare ...