No, Really? (Drug Costs And Ovomitcare) by Karl

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SaltyMutt
No, Really? (Drug Costs And Ovomitcare)

by Karl Denninger
2014-02-17 12:58

In the what the hell did you think was going to happen file we have this:

People with serious pre-existing diseases, precisely those the president aimed to help with ObamaCare, could find themselves paying for expensive drug treatments with no help from the health care exchanges.

Those with expensive diseases such as lupus or multiple sclerosis face something called a "closed drug formulary."

Dr. Scott Gottlieb of the American Enterprise Institute explains,"if the medicine that you need isn't on that list, it's not covered at all. You have to pay completely out of pocket to get that medicine, and the money you spend doesn't count against your deductible, and it doesn't count against your out of pocket limits, so you're basically on your own."