Consumer Confidential

Consumer Confidential With David Lazarus
Lower drug prices? Trump has one idea, but insurance giant Anthem has another

The sky-high cost of prescription meds was back in the spotlight this week. First, President Trump said drug prices “are out of control” and drug companies are “getting away with murder.”

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Patients face tough choices when a healthcare provider calls it quits

There are nearly 30 million people with diabetes in the United States. About 90,000 of them were just thrown a curve ball.

Johnson & Johnson announced that it’s closing its Animas subsidiary and getting out of the insulin-pump business, leaving the field primarily to a single large competitor, Medtronic, which will control roughly 85% of the market.

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As California burns, here's what you need to know about fire insurance

Most homeowners insurance policies cover fire damage. But heads-up: That’s not the whole story.

If you live in a high-risk area, such as near a canyon, you may need to pay more for additional coverage.

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California doesn't have enough doctors, and this bad law isn't helping

California doesn’t have enough doctors.

By 2025, the state will be short about 4,700 primary-care physicians, according to a recent report from the UC San Francisco Healthforce Center. This will result in more people turning to costly emergency-room visits for routine care, it predicts.

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Guns, like cigarettes, are legal products that kill people. That's not OK

This week it’s guns, with at least 59 people dead and hundreds injured after the worst mass shooting in modern U.S. history. But the focus just as easily could be on cigarettes, or junk food, or sugary beverages.

No reasonable person disputes that all these products can be dangerous, whether we’re talking about firearm casualties, lung cancer, diabetes or heart disease.

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Average CEO has to make do with $253,088 in monthly pension payments

In 1998, about half of all private-sector employers in the United States offered newly hired workers a defined-benefit pension for their retirement.

By 2015, that percentage dropped to just 5%, according to the consulting firm Willis Towers Watson.

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