Moss & Friends | Ep 015

SBA Consultant Maggie Richard, FSA talks about how the healthcare insurance system works, how companies calculate costs, and how the pandemic impacted the industry. (00:36:50)

Health Section: Pharmaceutical Patents and Abuses

SBA Consultant Tony Pistilli, FSA breaks down his article series on pharmaceutical patents and abuses. With pharmaceutical costs continuing to accelerate the growth of overall healthcare cost, pharmaceutical patents have come under increased scrutiny by a wide range of stakeholders, including Congress. He explains how the patent system works, the effects of historical reforms, potential modern-day abuses of the system and the path forward, and how actuaries can help. (00:22:13)