Debt or Death?
Dear Rundown Reader,
How much is your health worth to you?
A thousand dollars? Ten thousand?
Perhaps a million or more?
The sad truth today is many folks are priced out of their own healthcare and it’s a major problem.
Today’s Rundown examines the rising cost of prescription drugs and if things can ever get any better. But first…
There’s a huge event on the horizon.
It’s a monumental, life-changing opportunity Ray Blanco has spent years researching. And it could score you up to $10 million in profits.
Ray calls it the “World’s Fastest Fortune.” On Friday July 20, he’ll reveal all. Stay tuned for more details in the days ahead.
Your Rundown for Monday, July 16, 2018…
Too Expensive To Live
That’s the cost of healthcare for many today.
And it appears things are only going to get more expensive.
According to MarketWatch: “The number of patients whose medical care cost at least a million dollars over the course of a year rose by nearly 90% between 2014 and 2017.”
The data comes from a report conducted by Sun Life.
According to Sun Life’s findings, the total cost for a patient with a severe swelling disorder were $6.7 million. The total medical costs for an individual with a blood disorder came to roughly $5 million.
Dan Fishbein, president of Sun Life, notes: “Most people don’t imagine getting an $80,000 prescription, but that’s relatively common now,” according to MarketWatch.
The biggest problem?
According to Sun it’s injectable drugs followed by blood disorder drugs then cancer treatments.
And the high costs are causing folks to make a choice.
The poor house or death?
Additionally, the report notes: “Four of the five most pricey products accounted for 24%, or about $45 million, of $186 million in total spending.”
You can see the list below.
Source: MarketWatch, Medscape
Less costly versions of these drugs exist. However as MarketWatch notes, a lot of these developments get put on hold.
Apparently there’s just too many profts to grab to care.
It’s a real shame when people have to make the choice… Healthcare or crippling debt.
Now, turning to the markets this morning…
Market Rundown for Mon., July 16
Yield on the 10-Year Treasury sits at 2.864% this morning, up 0.033.
S&P 500 futures 1.70 at 2,799.
Oil’s down $1.73 tp $69.28.
Gold’s down $0.30 to $1,240.
Bitcoin goes for $ this morning, according to CoinDesk.
We’ll talk again on Tuesday.
For the Rundown,