Lindsey Graham on Obamacare Repeal: I Had No Idea What I Was Doing


SENATE DEMOCRATS AND their progressive allies spent the last week-and-a-half in a full-blown mobilization against an existential threat to the Affordable Care Act.Now that it has fizzled out, the lead author of the measure, known as the Graham-Cassidy bill, has an admission to make: He had no clue what he was doing.“It’s been the most amazing journey of my life. I’ve taken the eye off the ball on terrorism, I’m just amazed the whole planet hasn’t crumbled because I wasn’t on it,” Sen. Lindsey Graham, R-S.C., said of the weeks he’s spent leading the health care repeal effort.

Source: Lindsey Graham on Obamacare Repeal: I Had No Idea What I Was Doing

Well That Settles It! Insurance and Drug Lobbyists Say Medicare for All “Cannot Work”

Except that it does work for almost every other developed country in the world…


Lobbyists for the insurance, drug, and hospital industries were not pleased with the push for single-payer health care legislation.

Source: Well That Settles It! Insurance and Drug Lobbyists Say Medicare for All “Cannot Work”

Republican Lawmakers Buy Health Insurance Stocks as Repeal Effort Moves Forward


Just as the House Republican bill to slash much of the Affordable Care Act moved forward, some lawmakers started trading health care stocks.

Source: Republican Lawmakers Buy Health Insurance Stocks as Repeal Effort Moves Forward

The Only Concrete Takeaway From Trump’s Speech: Medicaid Is Doomed


Trump has spent his life making preposterous promises and never following through, but when it comes to Medicaid he may well keep his word.

Medicaid is not just healthcare for the poor. It also pays the bills for over 60 percent of nursing home residents, and 40 percent of all national long-term care costs. And the number of Americans who need nursing home care is going to rise significantly over the next several decades as the baby boom ages into their eighties and nineties. Cutting Medicaid over this period is a recipe for people literally dying in the streets (or for luckier ones, on the foldout couch in their kid’s living room).

Source: The Only Concrete Takeaway From Trump’s Speech: Medicaid Is Doomed

Pharma Exec for Maker of $150,000 Cancer Drug Tells Investors Its Pricing Is “Very Responsible”


A top official at Johnson & Johnson dismissed questions about drug price reform debate, saying that the company is “responsible” in pricing its drugs.

Source: Pharma Exec for Maker of $150,000 Cancer Drug Tells Investors Its Pricing Is “Very Responsible”

Donald Trump Says He Can Buy Politicians, None of His Rivals Disagree


Trump was illustrating the key problem with the current campaign finance system: It has essentially legalized bribery.

Source: Donald Trump Says He Can Buy Politicians, None of His Rivals Disagree

50 hospitals charge uninsured more than 10 times cost of care, study finds – The Washington Post

Researchers said the hospitals with the highest markups are not in pricey neighborhoods or big cities.

Source: 50 hospitals charge uninsured more than 10 times cost of care, study finds – The Washington Post

Jeb Bush: Repeal Obamacare and replace it with APPLE WATCHES

John “Jeb” Bush, younger brother of ex-president George “Dubya” Bush and former Governor of Florida, has found the solution to America’s healthcare problems: his Apple Watch.

At a “town hall” meeting at the Chamber of Commerce in Tempe, Arizona, Jeb said: “I think we should repeal Obamacare,” before pointing at his wristjob, reports Cult of Mac.

“On this device in five years will be applications that will allow me to manage my healthcare in ways that, five years ago, were not even possible,” continued the Republican politician, who many expect to run for the US presidency.

David Doherty, from the doctors-on-the-video-phone service 3G Doctor told El Reg that Bush isn’t alone in thinking that wearables are the holy grail for healthcare, but that Bush misses the point.

“Wearables and Obamacare are incompatible,” Doherty said. “Obamacare is an insurance scheme; if insurance companies know what you are doing through your wearable they will refuse to insure you.”

Maybe confusing a $400 watch and an insurance scheme is a mistake only a man who aspires to be US President can make.

Link (The Register)