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Health Care Feed

Beware: Ozempic and the other new weight-loss drugs have problems

The medical community and consumers are excited about the new injectable weight-loss drugs, such as Ozempic and Wegovy. The drugs suppress appetite and slow digestion. Celebrities, including Orpha Winfrey, are taking the drugs. Most doctors and health care providers like to have a pill or shot that will fix patients’ problems. Read more →

Top consumer and personal finance stories of 2023

It’s that time of year again. It’s unbelievable that 2023 has rolled by so fast. That means that the 2024 election is getting even closer and closer, an election with so many consequences for consumers and their financial lives. As usual, I’m one of the few reporters writing about the top consumer and personal finance stories of the year, research that I enjoy. Read more →

At last: Biden administration takes action on prescription drug price gouging

About 50 percent or more of price increases driving recent inflation is caused from price gouging. On Thursday, finally, President Biden called out the pharmaceutical industry for raising prices too much. Dozens of pharmaceutical companies will be required to pay rebates to Medicare for outrageous price hikes on prescription drugs. Read more →

Inflation eases, despite corporate price gouging

It's amazing that as we’re all suffering from inflation so little is said about corporate price gouging and the role it’s playing in price increases. Fortunately, there’s a watchdog group that keeps researching inflation. Here’s the latest from Accountable.US: The increase in basic prices having risen at the smallest rate since September 2021. Read more →

Be prepared for the unexpected: Advanced health care planning

Have you thought about the medical care you’d like to receive should you become unable to speak for yourself? Who would make medical decisions on your behalf? Are you prepared for the unexpected? Advanced health care planning allows adults to state their health care preferences and identify someone to speak on their behalf if they become unable to do so. Read more →

Corporations and trade groups lobby to reduce the effectiveness of the Inflation Reduction Act

The Inflation Reduction Act, signed into law a year ago, has many benefits for consumers. It began making corporations pay their fair share in taxes while investing more in helping the middle class such as creating good-paying jobs, combating corporate price gouging, slashing the deficit, lowering prescription drug costs, and reducing carbon pollution. Read more →

As summer unfolds, bloggers enjoy vacations, gardens, and more

I love the beautiful summer days here in the Seattle area. People are streaming into Western Washington due to the mild weather, attractive as climate change worsens, and the job opportunities. It’s so nice to be enjoying 70 degree weather as many areas of the country swelter. I’m also appreciating my wonderful garden.   Read more →

Full approval of lecanemab to treat Alzheimer’s by the FDA fails patients and the public, consumer group says

The approval of a new drug to treat Alzheimer’s disease is controversial. The U.S. Food and Drug Administration gave full approval to the drug lecanemab (Leqembi) Thursday to treat adults with Alzheimer’s disease. In January, Public Citizen, a consumer advocacy organization, urged the agency not to approve the drug. Read more →

Private equity firms taking over health care businesses are increasing safety lapses and costs, report says

Either I missed the Public Citizen report on the toll private equity is taking on U.S. health care or I didn’t understand its significance. The report, released in March, says private equity takeovers have come with shocking lapses in safety, with prices rising faster than at non-private equity entities, while patients have been subjected to price gouging. Read more →

Top 10 consumer complaints for 2022

It’s not surprising what last year’s top consumer complaint was. I’ve seen it many times as No. 1 on annual consumer complaint lists. It’s auto sales and repair. “Consumers rely on cars to get to work, school, doctors’ appointments and more,” said Erin Witte, director of consumer protection for the Consumer Federation of America. Read more →