Posts filtered by tags: Late Stage Capitalism[x]


Self-insurer Walmart flies its sick employees to out-of-state specialists to avoid local price-gougers

Walmart self-insures its workforce, rather than relying on an outside insurer like Cigna or Blue Cross; this means that it gets to make judgment calls that other firms cannot, and that has led the retail giant to a pretty weird place: for certain procedures that it believes to be overused by local hospitals, it flies its employees (even front-line, low-waged employees) to see the nation's top specialists in out-of-state facilities where they receive "concierge, white-glove care that was reserve...
Tags: Health, Post, Business, Corruption, News, Walmart, Pennsylvania, Cigna, Bill, ACA, Mayo Clinic, Blue Cross, Incentives Matter, Parkinson, Mike Mozart, Geisinger

A detailed analysis of American ER bills reveals rampant, impossible-to-avoid price-gouging

For more than a year, Vox's Sarah Kliff has been investigating hospital price-gouging in America, collecting hospital bills from her readers and comparing them, chasing up anomalies and pulling on threads, producing a stream of outstanding reports on her findings. In her latest installment, Kliff digs deep into the famously bizarre world of ER bills and points out some of the most egregious ways in which these are rigged. For example, if you are injured and also financially precarious, yo...
Tags: Health, Post, Florida, News, America, Seattle, Vox, ACA, Kliff, Sarah Kliff, Late Stage Capitalism, Emergency Rooms, Medicare For All, Single-payer Healthcare, Sarah Kliff Vox, Grifter Capitalism

Ha-ha, only serious: McSweeney's on price-gouging in the emergency room

Emergency rooms at for-profit hospitals are notorious price-gougers, where an ice-pack and a bandage can cost $5,000, and where no one will tell you how much your care is costing until months after the fact. In a funny, serious, link-studded satirical essay on McSweeney's (Welcome to Our Modern Hospital Where If You Want to Know a Price You Can Go Fuck Yourself), Alex Baia makes explicit the submerged subtext of these sleazy, crooked tactics: "Well, you can’t do much about that now. Except ...
Tags: Health, Post, Business, News, Humor, Satire, ACA, McSweeney, Late Stage Capitalism, Medicare For All, 5000 For An Icepack, Alex Baia, Alex Baia McSweeney

New York hospitals illegally billed rape survivors for their rape kits, then sent debt-collectors after them

New York State Attorney General Barbara Underwood has concluded that seven New York hospitals illegally billed rape survivors for their rape kits, at least 200 times, for sums ranging from $46 to $3,000, and then sent collections agents after survivors who could not pay. New York law requires hospitals to bill the state's Office of Victim Services for rape kits; in addition to ensuring that rape kits are available regardless of ability to pay, the rule clears an impediment to reporting rape...
Tags: Health, Post, New York, News, Debt, Arkansas, Alaska, Columbia University, Rape Culture, Graeber, James, Underwood, Eric Schneiderman, Letitia James, Richmond University Medical Center, Late Stage Capitalism

Insurance companies gouge on CPAP machines and consumables, use wireless modems to spy on your usage

Sleep apnea is a fast-growing health complaint among Americans, and that has triggered a set of deceptive and unethical measures by US health insurers to shift the cost of using CPAP machines (the forced air machines that sleep apnea patients rely on to stay healthy) to the people who use them, with the effect that it's often much cheaper to pay cash for your machine and its consumables than it is to get them through insurance. Insurers insist that patients rent their machines rather than p...
Tags: Health, Post, News, Australia, US, Brooklyn, Cigna, Medicare, Iot, ACA, UnitedHealthcare, CPAP, Newburgh New York, Sleep Apnea, Surveillance Capitalism, Late Stage Capitalism

Thousands of sleep apnea sufferers rely on a lone Australian CPAP hacker to stay healthy

An Australian developer named Mark Watkins painstakingly reverse-engineered the proprietary data generated by Continuous Positive Airway Pressure (CPAP) machines and created Sleepyhead, a free/open piece of software that has become the go-to tool for thousands of sleep apnea sufferers around the world who want to tune their machines to stay healthy. CPAP machines can require extensive tinkering to deliver exactly the right amount of air to their users; too little air and the patient can bec...
Tags: Health, Gadgets, Post, Business, Copyfight, News, Australia, US, Dmca, Drm, Fda, Apollo, 1201, War On General Purpose Computing, Copyright Office, Watkins

The dialysis industry just set a campaign spending record to fight California limits on pricing

At $111,000,000, the California dialysis industry's campaign spending against Prop 8 (which caps the price of outpatient dialysis) is now the most expensive in US history. Obviously, the dialysis industry is really in trouble, if all it can scrape up is $111 mil. “These clinics are routinely understaffed, leaving patients at risk,” claimed Yes on 8 spokesperson Sean Wherley. The Yes on 8 campaign believes that the measure would not only rein in dialysis costs (which can run as high as ...
Tags: Health, Post, Business, Corruption, News, California, US, Citizens United, Fairbanks, David Dayen, Davita, Late Stage Capitalism, Fresenius, Medicare For All, Sean Wherley, Kathy Fairbanks

Young doctors revolt, force AMA to consider backing single-payer healthcare for the first time

Millennial doctors are killing predatory health-care capitalism! (more…)
Tags: Health, Post, Business, News, ACA, Ama, Uspoli, Single Payer, Late Stage Capitalism, Medicare For All, Socialized Medicine, 2018 Tsunami

Former Obama trade official teams up with Trump to create highly profitable TB epidemics in poor countries

When Josh Black quit his job as Obama's director for U.N. and Multilateral Affairs after the 2016 election (citing "growing disillusionment"), he found a sweet job as Associate Vice President for International Advocacy at Phrma, the global lobbying group for the pharmaceutical industry, which meant that he still got to work at the UN, but now he'd be advocating for giant, rapacious corporations that hold peoples' lives hostage to their profits! (speaking as a former NGO observer at the World I...
Tags: Health, Post, Business, Copyfight, News, Obama, Patents, Un, Pharma, Class War, Trump, Epidemiology, World Intellectual Property Organization, PhRMA, Late Stage Capitalism, Guillotine Watch

Koch thinktank inadvertently proves that America would save trillions by switching to socialized medicine

Mercatus (previously) is part of the Koch Brothers' network of thinktanks which allow the billionaires and their cadre of oligarchs to make it appear that their ideas are mainstream by all singing the praises of the wealthy in chorus. (more…)
Tags: Health, Post, Corruption, News, America, Koch Brothers, ACA, Koch, Late Stage Capitalism, Guillotine Watch, Medicare For All, Socialized Medicine

Four Thieves Vinegar Collective: DIY epipens were just the start, now it's home bioreactors to thwart Big Pharma's price-gouging

When last we met the Four Thieves Vinegar collective -- a group of anarchist scientists who combine free/open chemistry with open source hardware in response to shkrelic gouging by pharma companies -- they were announcing the epipencil, a $30 DIY alternative to the Epipen, Mylan's poster-child for price-gouging and profiteering on human misery. (more…)
Tags: Health, Post, Business, Happy Mutants, Copyfight, Hope, News, Medicine, Drugs, Merck, Gmo, Pharma, Oshw, Mylan, Big Pharma, Solvadi

The rich-poor obesity gap in kids is widening

A long time ago, obesity was often used as a shorthand for wealth, but over the decades obesity has become more and more correlated with poverty, both in culture and science (while wealth is increasingly correlated with being slim). (more…)
Tags: Health, Post, Science, Kids, News, Parenting, Diet, Obesity, Austerity, Scholarship, Piketty, Late Stage Capitalism, Guillotine Watch, The Rich Are Different From You And Me

America is the world's first poor rich country

Americans' median income is $60,000 -- but the average American couldn't stump up $500 to bail themselves out of an emergency, and a third of Americans can't afford food, shelter and healthcare. (more…)
Tags: Health, Post, News, America, Debt, Usausausa, ACA, Graeber, Neoliberalism, Rent Seeking, Late Stage Capitalism, Guillotine Watch, Maslow Vs Von Mises

America's private health-care is rationed, but socialized medicine is luxury medicine

To hear America's fearmongering private health-care shills describe it, socialized medicine is a kind of Soviet death march, where rationed care and long waits are imposed on all and sundry; but if that state of affairs sounds familiar, it's because of how neatly it describes America's dysfunctional private care system, where you need to change doctors every time you change employers, where your care is denied and your prescriptions are deemed unnecessary by faceless insurance-company bureaucra...
Tags: Health, Post, Japan, News, Parenting, France, Germany, America, Usausausa, Brazil, Siberia, Health Care, Terry Gilliam, ACA, Late Stage Capitalism, Luxury Socialism

Susan Komen Foundation attains the sellout singularity with a pinkwashed fracking-drill bit

The Susan G Komen Foundation is the poster-child for shitty charitable activity, from its notoriously high overheads (which divert donors' money to executives, rather than cancer research) to its antipathy to Planned Parenthood (because forcing women to have babies is more important than screening their breasts for cancer), and then there's its string of dubious branding deals. But now the charity has attained a new peak of sellout pinkwashing, partnering with fracking giant Baker Hughes to...
Tags: Health, Post, Corruption, News, Fracking, THE WOODLANDS, Susan G Komen, Baker Hughes, Susan G Komen Foundation, Komen Foundation, Pinkwashing, Late Stage Capitalism, You're Doing It Wrong, Susan Komen Foundation

Big data + private health insurance = game over

Once big data systems agglomerate enough data about you to predict whether you are likely to get sick or badly injured, insurers will be able to deny coverage (or charge so much for it that it amounts to the same thing) to anyone who is likely to get sick, forcing everyone who might ever need insurance into medical bankruptcy, and turning Medicaid into a giant "high-risk pool" that taxpayers foot the bill for. (more…)
Tags: Health, Post, News, Obamacare, Big Data, Machine Learning, Ai, ACA, Surveillance Business Model, Late Stage Capitalism, Weapons Of Math Destruction, Single Payer End-game

Shareholder revolt at Mylan over Epipen-gouging CEO's $98M bonus

The board of directors at Mylan have rewarded former CEO Robert Coury with a $98m bonus as he steps into the executive chairman's role, having overseen a price-gouging scandal over the Epipens used by people prone to life-threatening allergic reactions. (more…)
Tags: Health, Post, News, Finance, Piketty, 1 Percent, Mylan, Late Stage Capitalism, Guillotine Watch, Robert Coury, Make It Rain Epinephrine, Privatized Gains Socialized Losses

Novum Pharma's $240, semi-useless acne cream now costs $10,000/tube

The cost of Aloquin -- an acne cream based on iodoquinol and aloe, whose component ingredients cost virtually nothing -- was raised by 128% this week by manufacturer Novum Pharma, who now charge $9,561 for a 60g tube. (more…)
Tags: Health, Post, News, Drugs, Price Gouging, Greed, Late Stage Capitalism, Shkrelic

January - 2019
February - 2019
March - 2019