Illinois governor signs law capping insulin costs at $100 per month

Re:Illinois governor signs law capping insulin costs at $100... by chimeracoder on Wednesday January 29, 2020 @12:51PM (#22183562)

> Edit: another thought comes to mind - has anyone compared the size of health insurers in the US and compared their purchasing power to government run single payers? I’d hazard a guess that United Health for example probably dwarfs entire single payers of some governments.

Medicare alone covers more patients than NHS England does. (Very few countries in Europe actually have single-payer healthcare; the four UK countries are the exception, not the rule).

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Re:Illinois governor signs law capping insulin costs at $100... by marriedWpt on Wednesday January 29, 2020 @02:26PM (#22184771)

Medicare isn't one gigantic entity though.

You get a Medicare provider, with an insurance company that you work with.

Yeah there's lots of layers of bureaucracy.

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Re:Illinois governor signs law capping insulin costs at $100... by chimeracoder on Wednesday January 29, 2020 @03:02PM (#22185147)

> Medicare isn't one gigantic entity though.

Correct

> You get a Medicare provider, with an insurance company that you work with.

Well, no, the majority of Medicare patients still receive their inpatient and outpatient benefits through Medicare. A (growing) minority receive their Medicare benefits through a private insurer.

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