4.8 • 1.1K Ratings
🗓️ 17 August 2023
⏱️ 4 minutes
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Hey there— our next story is gonna take a little more time to cook, but it is going to be SO worth it.
It involves John Green, author of The Fault in Our Stars — and yes, we've got an interview with him — and a global fight against multi-drug resistant tuberculosis.
... which turns out to be directly related to fights over the prices of drugs like insulin and humira in this country.
Meanwhile, let me recommend a story from ProPublica that's related to a story we did here a few months ago.
You might remember our recent episode about United HealthGroup, and how it's become a behemoth in recent years. That story started with a complaint from a doc in New York.
... who had a lot more tips than I could run down — or fit in one episode — and they weren't all just about United.
ProPublica's Cezary Podkul took the time to verify a big one: About zillions of dollars in fees that docs are paying — dollars that ultimately come out of our pockets — just to get paid.
Oh, and: If you aren't getting our First Aid Kit newsletter, this is a great time to sign up. We've started a series about how to fight with insurance that, unfortunately, a lot of us are gonna need at some point.
We'll be back in a few weeks, with John Green, TB, and the fight over drug prices.
Send your stories and questions. Or call 724 ARM-N-LEG.
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0:00.0 | Hey there. I had a story in mind that I thought was going to be both an incredible story and kind of |
0:05.9 | a light lift and it turns out I was right about one of those things. It's going to be an amazing |
0:11.2 | story, but it is a bigger story than we thought. More complicated than I knew in more ways than one |
0:18.4 | and we're going to need some more time to dig in. So I'm going to ask you to come back in a few |
0:22.8 | weeks for that. Meanwhile, may I recommend a story from the good folks at ProPublica, |
0:28.1 | one that's related to a story we did here a few months ago. You might remember we talked recently |
0:33.5 | about United Health Group, which has grown into a behemoth in recent years and that story started |
0:39.2 | with a tip from a doctor in New York named Alex Steinslaker. He had gotten an offer from a |
0:44.5 | United subsidiary, a line of credit to help with his cash flow or as he called it a payday loan |
0:51.1 | at a steep interest rate, which he thought was pretty rich since a big reason doctors have trouble |
0:57.3 | with cash flow is that insurers like United Health Care, the way paying them. In other words, |
1:02.8 | sounded like a payday loan from your boss. Oh, I'm going to pay you late, but I could loan you the |
1:07.4 | money and keep a little interest for myself like 35%. Here's how Dr. Alex Steinslaker responded to |
1:14.9 | that. That's an incredible business plan. You have to be really creative to come up with that |
1:21.2 | business idea. You also have to have steel bowls to actually propose that publicly. |
1:29.6 | And as you might recall, when we dug in, that story checked out. But when I talked with Dr. |
1:35.5 | Steinslaker, he had a lot of other allegations too. For instance, that insurers were doing something |
1:40.3 | that seemed illegal, but the feds didn't have any process for taking complaints about it. |
1:45.2 | And I would ask him things like, do you have any documentation that you could share about that? |
1:50.1 | I probably do. I would love to see that. But you know what? I didn't follow up because |
1:56.1 | I'm just one guy and Dr. Alex Steinslaker had more tips that would need to be backed up with a ton |
2:01.7 | of reporting than I could possibly run down. But now, somebody has run down at least one of them |
... |
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