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The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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Health Insurance & Drugs
Ann Lovell is a 62-year-old teacher in Utah. She has rheumatoid arthritis and the prescription drug that allows her to keep working, not go on disability, costs $62,000 a year.
The insurance company that insures public employees doesn't want to pay that $62,000 so every three months they fly her to san diego, escort her to a Tijuana Hospital where she sees the same doctor each time, gets a new prescription, has it filled, is escorted back to the airport, flies home and gets $500 in cash from the insurance company. The insurance company pays for the plane, hires the escorts, makes sure the drugs are the same quality, gives her $500, and saves over half the $62,000. They are only doing this with ten people because of the convoluted drug laws on what can and cannot do. What's wrong with this picture? ![]() https://marginalrevolution.com/margi...on-prices.html
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