Tuesday, April 5, 2016

Obamacare unsustainable

NEW YORK (Reuters) - Major drug companies took hefty price increases in the U.S., in some cases more than doubling listed charges, for widely used medications over the past five years, a Reuters analysis of proprietary data found.
Prices for four of the nation's top 10 drugs increased more than 100 percent since 2011, Reuters found. Six others went up more than 50 percent. Together, the price increases on drugs for arthritis, high cholesterol, asthma and other common problems added billions in costs for consumers, employers and government health programs.

And, I hear, the risk pool has not improved and major insurance losses, with premium hikes, due next year.  The middle class is having ton of deja vu at the moment

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