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Virginia
1 Comment
Congress to Clamp Down on Health Insurers' Sharply Higher Co-Pays? [view article]
The healthcare financing industry is absurd. The industry could resolve so many systemic problems before Congress creates knee jerk, flawed solutions. With the consolidation in the industry, 5 players represent the lion's share of the market (WLP, UNH, AET, CIGNA and CMS) - - they need to create the solutions. Nonsense like medical underwriting and jacking up copays for essential RX on conditions like RA and MS - these are not just flawed strategies, not just embarrassing in their underlying policies, but doomed to self-destruct the industry.Congress' solution will surely not be the one that makes the most sense. But the industry plan is probably to sit back, wait for Congress to act and then hope they can derail that action.
The industry should spearhead solutions. Apr 14 11:11 AM