College Tuition or Healthcare? N.C. Mom Chooses Her Children’s Education Over Her Own Healthcare
Olga Kennedy is busy woman. She works 7 days a week at Aqua Squad Pool and Spa Service which she owns with her husband, she’s a fulltime mom to two children, and she teaches English and general education classes at a private college in Raleigh, N.C. But despite all of her hard work and success, she still finds health insurance out of her reach. She, like so many other North Carolinians, had to make hard decisions balancing her personal health needs with her family's financial ones. In this week’s episode of “The Cost of Health,” we spoke to Olga about the hard choice she had to make between paying for healthcare for herself, or college for her daughter.
Let’s Talk About “letstalkaboutcost”
PhRMA, the gang that lobbies for the pharmaceutical industry nationally, has a heavily promoted website in which they want to talk to us about cost. This is very much in the wheelhouse of the Coalition, so sure! Let’s talk.
Why do Pharmaceutical Companies hate PBMs so much?
You may have been hearing a lot about Pharmacy Benefit Managers (PBMs) recently. That’s because the pharmaceutical industry needs to point the finger at someone for the rising cost of drugs and has decided PBMs make a convenient scapegoat for the rising price of drugs in America. And to their credit, they are doing a great job of getting their message out there.
Study Finds Pharma Dollars Directly Linked to Opioid Deaths
Targeted marketing is a strategy companies use to increase sales of a product or service. The theory is that the more times you see or interact with an advertisement, the more likely you are to purchase the advertised product. But what happens when those strategies evolve from pushing electronics, clothes, and appliances? What happens when those strategies start pushing potentially dangerous and habit-forming medications?
Blue Cross NC to Lead Partnership Aimed at Halting Healthcare Cost Increases
A new coordinated healthcare partnership called Blue Premier aims to stop North Carolinians from seeing red over rising costs and inefficient care.
Study Finds the Cost of Lifesaving Drugs Outpacing U.S. Inflation
In June 2017, Alec Raeshawn Smith died alone in his Minnesota apartment. According to his obituary, the cause of death was diabetic ketoacidosis (DKA)—an event that occurs as a result of a shortage of insulin in the body. The 26-year-old Smith was a Type 1 (T1) diabetic who had been rationing his insulin because he couldn’t afford to pay for his own after aging out of his parents’ insurance plan. Smith’s story is all-too-familiar for many Americans who have made the grueling decision to either ration or go without essential medications due to a meteoric rise in prescription drug costs. And now one study from the University of Pittsburgh has concluded the costs of lifesaving drugs—like the insulin Smith required—are rising faster than U.S. inflation rates.