Showing posts with label Corporate Greed. Show all posts
Showing posts with label Corporate Greed. Show all posts
2/13/16
1/16/14
Four Major Insurers Accused Of Discriminating Against Women In Long-Term Care Plans
www.thinkprogress.org/health/2014/01/16/3176091/major-insurers-discriminate-gender-long-term-care/
"The long-term care industry has long maintained that Obamacare’s rules barring insurers from charging women more for their health care don’t apply to them. Early last year, the nation’s largest long-term care insurer announced that it be charging women between 20 and 40 percent more in monthly premiums.
Industry experts predicted the practice would become a trend — a prediction that has proven true. NWLC’s complaints are targeting Genworth Financial, John Hancock, Transamerica, and Mutual of Omaha."
"The long-term care industry has long maintained that Obamacare’s rules barring insurers from charging women more for their health care don’t apply to them. Early last year, the nation’s largest long-term care insurer announced that it be charging women between 20 and 40 percent more in monthly premiums.
Industry experts predicted the practice would become a trend — a prediction that has proven true. NWLC’s complaints are targeting Genworth Financial, John Hancock, Transamerica, and Mutual of Omaha."
1/11/14
Big Data Big Pharma = Big Money | Common Dreams
Big Data Big Pharma = Big Money | Common Dreams
"Need another reminder of how much drugmakers spend to discover what doctors are prescribing? Look no further than new documents from the leading keeper of such data."
"Need another reminder of how much drugmakers spend to discover what doctors are prescribing? Look no further than new documents from the leading keeper of such data."
1/5/14
7 Drugs Whose Dangerous Risks Emerged Only After Big Pharma Made Its Money
www.alternet.org/personal-health/7-drugs-whose-dangerous-risks-emerged-only-after-big-pharma-made-its-money
"A settlement for death or injuries down the road is just the cost of doing business."
"A settlement for death or injuries down the road is just the cost of doing business."
11/4/13
Don't Be Fooled! Health Insurance Companies' Latest Scam to Scare Off Customers from Obamacare | Alternet
Don't Be Fooled! Health Insurance Companies' Latest Scam to Scare Off Customers from Obamacare | Alternet
"The letters from health insurance companies don’t mention the health care exchanges they could look into to get cheaper plans."
"The letters from health insurance companies don’t mention the health care exchanges they could look into to get cheaper plans."
8/19/13
Then & Now: Why We’re STILL So Bad At Treating Cancer (Hint – Profit Motive)
www.addictinginfo.org/2013/08/19/profit-from-treating-cancer/
"When you realize that the business of treating cancer is second only to the business of petrochemicals in profits, then you begin to understand one reason why those numbers have been so sluggish. From 1970 to 1990 alone, the business of treating cancer was worth $1 trillion. Today, cancer treatment is a $120 billion a year industry in the United States and $600 billion worldwide."
"When you realize that the business of treating cancer is second only to the business of petrochemicals in profits, then you begin to understand one reason why those numbers have been so sluggish. From 1970 to 1990 alone, the business of treating cancer was worth $1 trillion. Today, cancer treatment is a $120 billion a year industry in the United States and $600 billion worldwide."
8/5/13
8 Ways Privatization Has Failed America | Common Dreams
8 Ways Privatization Has Failed America | Common Dreams
"A little analysis reveals that privatization doesn't seem to work in any of the areas vital to the American public"
"A little analysis reveals that privatization doesn't seem to work in any of the areas vital to the American public"
The Great American Do-It-Yourself Retirement Fraud, Brought to You By Big Finance & Co. | Alternet
The Great American Do-It-Yourself Retirement Fraud, Brought to You By Big Finance & Co. | Alternet
"The United States is on the verge of a retirement crisis. For the first time in living memory, it seems likely that living standards for those over the age of 65 will begin to decline as compared to those who came before them—and that’s without taking into account the possibility that Social Security benefits will be cut at some point in the future.
"The United States is on the verge of a retirement crisis. For the first time in living memory, it seems likely that living standards for those over the age of 65 will begin to decline as compared to those who came before them—and that’s without taking into account the possibility that Social Security benefits will be cut at some point in the future.
The culprit? That same thing Mathisen celebrated: the 401(k), along with the other instruments of do-it-yourself retirement. Not only did they not make us millionaires as self-appointed pundits like Mathisen promised, they left very many of us with very little at all."
6/17/13
Chicago Hospital 'Accused of Cutting Throats for $160,000'
Chicago Hospital 'Accused of Cutting Throats for $160,000'
"Based in part on surreptitious tape recordings, an FBI affidavit lays out allegations that a Sacred Heart pulmonologist kept patients too sedated to breathe on their own, then ordered unneeded tracheotomies for them -- enabling the for-profit hospital to reap revenue of as much as $160,000 per case."
"Based in part on surreptitious tape recordings, an FBI affidavit lays out allegations that a Sacred Heart pulmonologist kept patients too sedated to breathe on their own, then ordered unneeded tracheotomies for them -- enabling the for-profit hospital to reap revenue of as much as $160,000 per case."
6/11/13
How Big Pharma Drives Up Medicare Spending Without Improving Seniors’ Health
How Big Pharma Drives Up Medicare Spending Without Improving Seniors’ Health: The Medicare Part D prescription drug program for seniors wasted $1.4 billion paying for brand name drugs that were no more effective than their cheaper, generic counterparts, according to a new study by the Veterans Affairs Pittsburgh Healthcare System. That excess spending was driven in large part by pharmaceutical companies’ efforts to delay generic drug [...]/p
5/14/13
Welcome to the Brave New World of Corporatized Medicine: Just Hope You Don't Get Sick! | Alternet
Welcome to the Brave New World of Corporatized Medicine: Just Hope You Don't Get Sick! | Alternet
""Business freedom" in America increasingly means the God-given right to exploit the vulnerability of the public."
""Business freedom" in America increasingly means the God-given right to exploit the vulnerability of the public."
5/12/13
Prescription Drugmaker Bribed Doctors With Cash and Visits to Hooters | Alternet
Prescription Drugmaker Bribed Doctors With Cash and Visits to Hooters | Alternet
"Prescription drugmaker Novartis AG was sued this week by the US government, for the second time, this time for allegedly bribing physicians into increasing prescriptions of the company's drugs. The drug maker is accused of coercing the doctors by taking them on outings to Hooters, on fishing trips, and offering pricey fees for speaking engagements. The lawsuit is seeking triple damages and civil penalties, claiming federal health care programs were forced to pay millions of dollars for kickback-tainted claims as a result."
"Prescription drugmaker Novartis AG was sued this week by the US government, for the second time, this time for allegedly bribing physicians into increasing prescriptions of the company's drugs. The drug maker is accused of coercing the doctors by taking them on outings to Hooters, on fishing trips, and offering pricey fees for speaking engagements. The lawsuit is seeking triple damages and civil penalties, claiming federal health care programs were forced to pay millions of dollars for kickback-tainted claims as a result."
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