Medical Economics January 13, 2022
Health care cost increases are not the result of over-utilization, but rather legalized kickback schemes.
As a resident of Minnesota, I recently saw our own U.S. Senator Amy Klobuchar on television discussing her new book “Antitrust”. Because the senator has long been an outspoken critic of price gouging and other anomalies in our health care system, and because I have spent the past 40 years as a health care attorney and lobbyist, I decided to read her book, and share my perspective on some of the health care issues it raises, and to suggest some possible solutions.
1. Drug costs
We have allowed our health care system to fall victim to a highly consolidated group of pharmacy benefit managers (PBMs)....
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