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Is the Drug Industry an Existential Threat to the Private Health Insurance Business?
Bob Laszewski's Health Care Policy and Marketplace Review
[Opinion] Jan. 17, 2019
"Because of the impact health insurance costs are having on take home income, we are at risk that the historical attractiveness employees and their families have had for employer-based health insurance will be lost. If the health insurance industry loses the support of employer-plan participants it will have lost the firewall that has made voters reluctant to support government-run health care.... [T]he primary villain in the multi-year erosion of the value of the employer-provided health benefit, and private insurance generally, has been drug costs."
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