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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

I dont see GOP health policy helping K that much..

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Post# of 72447
(Total Views: 387)
Posted On: 01/13/2017 2:11:40 PM
Posted By: B.Izzy
Re: Drano #30304
I dont see GOP health policy helping K that much...while there is a lot of negotiation to be had I read Ryans proposal for folks with cancer as follows:

Ryan made it clear during his CNN healthcare town hall that his plan to reduce healthcare costs involving moving cancer patients to high-risk pools that will be run by the states with benefits capped.They are proposing a $25 billion risk pool fund over a 10 year period. That sounds like a lot, but it only averages $2.5 billion per year. Experts suggested that to adequately cover 875,000 high-risk patients would have cost seven billion per year in 2008. That’s 2.8x as much as Ryan is proposing, and that was 9 years ago (10, if we assume the new plan doesn’t go into effect until 2018). I have to imagine that $7B would be up to at least $10B by then, and that’s for 875,000 patients.”

2.4 million Americans have expensive pre-existing conditions. Apparently the GOP answer to their healthcare costs is to lump them all in an underfunded state-run high-risk pool with capped lifetime benefits limits.

While obviously a nightmare for cancer patients I see it as bad for CTIX and K...capped benefits mean less access to K for folks who really need it...

its early but not liking this at all


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