Monday, June 20, 2016

Monday Morning Linkage

We first noted the Institute for Clinical and Economic Review (ICER) back in May, noting how it so closely resembled the famed Independent Payment Advisory Board (aka Death Panel). Well, seems that the cat is now officially out of the bag as regards the insurance industry's subterfuge as implemented by this organization:

"In the wake of ridiculous Obamacare mandates, the insurance industry is under tremendous cost pressure to deny its customers access to expensive lifesaving drugs. But those insurance companies don’t want to take the public relations hit for denial of these drugs that cost billions in research and development to get to market"

Hence: ICER

It's almost become too easy taking shots at the 3000% rate decrease, but the hits just keep on coming:

"Health insurers are seeking steeper premium hikes in 2017 than in previous years ... The report offers the most comprehensive and alarming data so far about the premium costs that ObamaCare customers will see when they renew their coverage this fall."

Just in time for Open Enrollment.

Oh, and an election.


From the Lay Down With Dogs Department:

"A nonprofit health insurer in Maryland is suing the federal government to avoid more than $22 million in fees ... said it has been unfairly asked to pay millions of dollars — about one-quarter of its 2014 premiums revenue – under the law’s “risk adjustment” program"

That fine print'll kill ya, brah.

[Hat Tip: FoIB Holly R]
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