this post was submitted on 22 Dec 2024
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Greater Philly’s largest health insurer to restrict coverage for weight loss medications, citing ‘exorbitant costs’ (whyy.org)
submitted 4 days ago* (last edited 4 days ago) by [email protected] to c/[email protected]
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[–] [email protected] 16 points 4 days ago (3 children)

If the insurance company’s job isn’t to negotiate lower costs, what are we paying them for? It would be like a Costco membership where the store was full of overpriced goods.

[–] [email protected] 8 points 4 days ago (2 children)

Please think of the shareholders!

[–] [email protected] 1 points 2 days ago (1 children)

(IBX is a non-profit)

[–] [email protected] 1 points 2 days ago

Virtually all of IBX’s businesses are for-profit and pay taxes, though its highest level holding company is a Pennsylvania nonprofit corporation.

I’m too stupid to understand this