Opinion: Illinois risks raising health care costs on employers, workers by expanding 340B – Crain’s

Among the key drivers of the health care affordability crisis is the federal 340B Drug Pricing Program. The 340B program was created in 1992 to help safety-net hospitals and clinics stretch limited resources by purchasing outpatient drugs at deep discounts. In theory, those savings would be used to expand care for low-income and uninsured patients. In practice, the program has evolved into something different — and much more costly.

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Deb
4 hours ago

People forget. Hospitals used to cost shit to cover the uninsured until health insurance companies stopped that.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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