Last year, when New York Governor Andrew Cuomo was battling to win the Democratic primary, his campaign solicited a donation from the Greater New York Hospital Association, according to a recent report from The New York Times. The hospital lobbying group gave over $1 million to the New York State Democratic Party. And not long after, according to the Times, "the state quietly authorized an across-the-board increase in Medicaid reimbursement rates."
Here are a few things we know to be true. Healthcare spending in the U.S. is too high. Drug prices in the U.S. are growing rapidly. Drug prices in the U.S. are higher than they are in other parts of the world. Based on these facts, you’d think high drug prices are causing healthcare spending to accelerate.
Put in some extra time when you next select your health insurance plan, and you may find you can pay much lower premiums while also reducing your health-care costs for the rest of your life. Whether you have health insurance through your employer or purchase coverage through an exchange set up through the Affordable Care Act of 2010, the combination of a lower-cost, high-deductible health insurance and a health savings account may provide great advantages.
General Motors, in its negotiations with the UAW, has cost Ford a lot of money. Why? Ford employs the most hourly workers in the United States and as a result pays more for health care. So any costs that GM negotiates in what is seen as a master contract with the Detroit Three directly impacts Ford disproportionately, labor analysts say.
The two major afflictions besetting the U.S. healthcare system are that its prices are too high, and that although big spending should give us better quality of care, it doesn’t. These two conditions arise from the same cause: American healthcare is becoming less competitive. Hospital chains are growing larger, and within some specialties, providers have become more concentrated.
A federal judge in New York issued a nationwide injunction on Friday blocking implementation of a new federal policy that would deny legal residency to immigrants who are likely to depend on public welfare. Judge George B. Daniels ... said those potentially affected by the new regulation could suffer "irreparable harm" if it goes into effect.