Biden administration is targeting scam insurance, surprise medical bills, and third-party health credit cards
$500,000 increase in penalty linked to a 2.9 percentage point increase in compliance
Increase of 5.4 percent projected per year; expenditures set to account for about 20 percent of GDP in 2031
Likelihood of not taking medication as prescribed due to cost increased for women versus men and for those with disabilities
These low added therapeutic-rating drugs accounted for $19.3 billion or one-third of Medicare annual net spending in 2020
Furthermore, this financial toxicity is associated with worse health-related quality of life
Veterans with VA health care only, Tricare less likely to live in family having problems paying medical bills than those with private insurance
Of these individuals, nearly three-quarters owe some money to hospitals
Number of Americans with medical debt on their credit reports fell by 8.2 million from 2020 to 2022
Ceiling prices for negotiation would have reduced Medicare prescription drug spending by ~5 percent if implemented from 2018 to 2020