medical

Big Pharma Ripoffs on Cancer Patients Makes 60 Minutes

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How much would you pay for a year of life?  It seems Big Pharma has figured that number out and are charging over $100,000 a year for life saving Cancer drugs.  Yes, surprise, surprise, the more dire the disease, the more the great for profit pharmaceutical industry is charging for the cure.  In 2012 alone, of the 12 cancer drugs approved by the FDA, 11 cost over $100,000.

Outsourcing Pays Big to Private Companies While Americans Suffer

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Remember how outsourcing was shoved down the throats of the American people by claiming it would save money and was more efficient?  Guess what, not only is costing more, the services now provided are dismal failures.  A new report, Out of Control describes the abysmal state and consequences of outsourcing public services.

Obamacare Ain't Lookin' Too Caring

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Are you confused about Obamacare?  Sick of listening to spin when your life is on the line?  We thought so.  It is still difficult to obtain a concise, clear picture on what is happening to America's health care.  We gather below a few critical snippets of information which point to more impending disaster for the individually insured.

 

Will New Oversight of Credit Reports Stop Unscrupulous Debt Collectors?

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The newly formed Consumer Financial Protection Bureau will start to oversee the companies who generate credit reports on you. That's Experian, Equifax and TransUnion plus about 30 more.

This action can come none too soon. Unscrupulous debt collectors inaccurately report actions to credit reporting bureaus all the time, especially for Medical bills. Getting these illegal collections or inaccuracies and errors off of one's credit report is next to impossible. Credit reporting agencies simply do not respond it seems to challenges. Experian, as an example, doesn't even have a phone number! Of course you can sue them, but even small claims court is not for the faint of heart and it's not guaranteed one will win, even when being in the right.

One of the biggest problems turning up on credit reports are medical bills. Who does not know billing from Medical facilities is loaded with errors, duplicates and mistakes? Yet more and more Medical companies are turning into the sellers of debt and even bring debt collectors into the Medical practices themselves. That's sloppy, inaccurate medical debt, often for services subpar or not rendered. Literally the health care sector is in the business of selling debt, demanding loan shark interest rates, almost the minute you walk out the door from their facility.