News — insurance

How Obesity Can Bring Down America

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How Obesity Can Bring Down America

Within the next decade, one in four Americans will be “severely obese,” 100 pounds overweight, with over half the population being run of the mill medically obese. Alarming findings such as these, published by the New England Journal of Medicine earlier this week, are rarely viewed in a political light, but the consequences of such trends are of great consequence to your monthly budget.The estimated annual health care costs of obesity-related illness are $190.2 billion, nearly 21% of annual medical spending in the United States – and costs are only rising. Any form of healthcare insurance pool will contain both...

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Your Meds are Expensive Because You’re Confused

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Your Meds are Expensive Because You’re Confused

In the sweet spot between free markets and socialism, we find our obviously neglectful and exploitive pharmaceutical industry. While the temptations to vilify some CEO for his salary or point to the high price of a new HIV medications is strong, both notions are ripe pieces of low hanging fruit that don’t adequately address the issue. The best way to keep safe   Quite simply, the prices of existing medications increase hundreds of times faster than the rate of inflation.Oral medication prices went up 10 % last year, while injectables went up over 15 %. How is this possible? No...

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