California Exchange Caps Copays for Pricey Drugs

California Exchange Caps Copays for Pricey Drugs

Prices for specialty drugs keep skyrocketing. Some of the newer ones for chronic conditions, like hepatitis C, multiple sclerosis, rheumatoid arthritis and HIV, can cost over $10,000 per coarse of treatment. For those in individual medical plans with a 30 percent copayment (copay), that means spending $3,000 themselves after the insurance pays its part to […]

Affordable Care Resulted in 13 Percent Drug Spending Boost

Affordable Care Resulted in 13 Percent Drug Spending Boost

Proponents of the Affordable Care Act (ACA aka Obamacare) love to point out that more than 15 million people picked up health insurance coverage because of the legislation. Some took advantage of tax credits to help afford their premiums, others took the penalty threats seriously, but others received coverage because many states expanded eligibility for […]

Budget Proposal by GOP Is Focused on Overhauls

Budget Proposal by GOP Is Focused on Overhauls

Republicans in the House of Representatives presented a budget proposal Tuesday. According to the new proposal, federal deficits will be eliminated in ten years. This would include major overhauls to Medicaid, Medicare and any other social safety net programs. This $3.8 trillion proposal promises a shrinking government and lower taxes. The proposal addresses concerns of […]