This man's medication cost jumped from $400 a month to $40,000 a month

Neven Mrgan takes a prescription drug called Cuprimine. Without it, he would slowly die from liver disease. Unfortunately, the price of Cuprimine has gone from $400-$1,700/month to $44,000/month. Curprimine is made by Valeant Pharmaceuticals, run by billionaire J. Michael Pearson. He's stepping down, not because he jacked up the price of Cuprimine and other medications, but because the company's misstated earnings hurt its stock value. Read the rest

States enjoy kickback from prison phone gougers

The families of prisoners in the U.S. often have to pay rates as high as $12.95 for 15 minutes of phone time to stay in touch with an incarcerated spouse, child, or parent.

Global Tel-Link Corp. and Securus Technologies are the two main prison phone service providers, and they make a fortune charging poor people over 100 times the typical rate for a phone call. They reason they can get away with it is that they give generous kick-backs to state and local governments for giving them contracts to be the exclusive phone service providers for prisons under their control. Read the rest