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Keyword: costs

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  • Report: Employers to see 2011 medical costs jump

    06/14/2010 10:05:19 AM PDT · by Paul46360 · 4 replies · 324+ views
    WNDU TV South Bend ^ | 6-14-2010 | Michelle Anthony
    "PricewaterhouseCoopers found that medical costs are expected to rise 9 percent next year. But this doesn't mean workers will see that big a jump. Employers often try to soften the blow."
  • Now It Gets Interesting: Rift Grows Between BP And White House Over Cleanup Costs

    06/09/2010 6:21:42 PM PDT · by blam · 34 replies · 79+ views
    Now It Gets Interesting: Rift Grows Between BP And White House Over Cleanup Costs Joe Weisenthal Jun. 9, 2010, 5:57 PM The happy talk about from BP (BP) about how it will do everything to "make it right" in the Gulf is quickly dissipating. The straw that broke the camel's back: Noise out of Washington that BP ought to pay the salaries of everyone that's lost their job due to the spill. An anonymous BP source, presumably someone senior that wants to get a message out, told Reuters: "At some point a line has to be drawn," in response to...
  • Soaring costs force Canada to reassess health model

    05/31/2010 5:21:49 PM PDT · by SmartInsight · 28 replies · 1,125+ views
    Yahoo/Reuters ^ | May 31, 2010 | Claire Sibonney
    Pressured by an aging population and the need to rein in budget deficits, Canada's provinces are taking tough measures to curb healthcare costs, a trend that could erode the principles of the popular state-funded system. British Columbia is replacing block grants to hospitals with fee-for-procedure payments and Quebec has a new flat health tax and a proposal for payments on each medical visit -- an idea that critics say is an illegal user fee. In some ways the Canadian debate is the mirror image of discussions going on in the United States. Healthcare in Canada is delivered through a publicly...
  • Public Schools: Plenty of Desks, But Not Enough Cost-Cutting?

    05/27/2010 7:32:30 AM PDT · by MichCapCon · 2 replies · 187+ views
    Michigan Capitol Confidential ^ | 5/27/2010 | Tom Gantert
    A teachers union leader's claim that the Warren Consolidated Schools were so hurting for money that students didn't have desks and had to sit on the floor is being disputed by district officials. Jennifer Miller, Warren Education Association executive director, said the district had "kids on the floor without any desks" at a Michigan Education Association rally on May 24. Brian Walmsley, the district's chief economic officer, said he wasn't aware of any instances where students sat on the floor without a desk. "I work directly with the principals," Walmsley said. "They would be the ones bringing it to my...
  • CBO: Doc fix will cost more than anyone thought (More Casblanca Moments for ObamaCare)

    05/05/2010 1:17:35 PM PDT · by C19fan · 5 replies · 602+ views
    Hot Air ^ | May 5, 2010 | Ed Morrissey
    Legislate in haste, repent at leisure. The ObamaCare bill signed by Barack Obama after getting hastily and repeatedly rewritten in backroom negotiations by Nancy Pelosi and Harry Reid turns out to cost a lot more than they admitted — and in new areas that keep appearing after its passage. The CBO now estimates the “doctor fix” that Pelosi and Reid promised to the AMA in exchange for their support will cost much more than the Democratic leaders admitted, emphases mine:
  • Cutting Healthcare Costs: ObamaCare Style

    04/12/2010 4:28:48 AM PDT · by Desperado67 · 2 replies · 625+ views ^ | 04/12/10 | Rob Binsrick
    In one of her most infamous and stupidest comments, Nancy Pelosi once stated about the healthcare bill, “But we have to pass the bill so that you can find out what is in it.” The bill has now passed and people are starting to learn what is in it – and most people do not like it. In the past week I have learned about a provision of the “Patient Protection and Affordable Care Act” which I certainly do not like at all. What I learned solidifies my contention that the name of this healthcare reform bill should be changed...
  • Obamacare: Running the numbers

    03/28/2010 3:31:12 AM PDT · by Scanian · 9 replies · 913+ views
    The American Thinker ^ | March 27, 2010 | John Peeples
    The real cost of health care reform, as recognized by the nation's business community, is just beginning to take shape. Bloomberg Business Week (picked up by Drudge) reports that SEC filings by such companies as AT&T, Caterpillar, AK Steel Holding, and 3M Co., reflect their anticipated costs of compliance with ObamaCare. Keep three things in mind: a.) these write-downs are not reflected in any CBO estimates of the cost of funding health care reform; b.) in order to protect stock prices, these companies have a huge incentive to understate the costs they actually face; and, c.) the true cost of...

    03/21/2010 10:11:02 AM PDT · by Patriot1259 · 2 replies · 112+ views ^ | 03/21/2010 | Gail Welborn
    Frustrated with state and national leaders, I attended my first Tea Party protest April 15, 2009, then wrote, "How's that change working out for you?" Protesters then, just as today, lined the streets, American flags and signs held high. They didn't feel their views were heard and had turned to the streets and the Tea Parties nationwide, to raise their voices in peaceful protest. The consensus of opinion in 2009 was unanimous—VOTE ANY INCUMBENT OUT OF OFFICE who chooses self-interest over the interests of the people they pledge to serve....
  • A Look At Obamacare By The Numbers

    03/21/2010 10:09:33 AM PDT · by Patriot1259 · 1 replies · 225+ views ^ | 03/21/2010 | Kevin Price
    Critics of the President's health care agenda are always looking for the "right words" to convince others about the danger that will come with Obama's radical agenda. Maybe the most effective rebuttal is not in words, but in numbers. It is through reviewing the impact, in numbers, that Americans for Tax Reform (ATR) is tackling this sweeping and far reaching legislation. One of the major promises of the Obama campaign during his run for President was to show "restraint" when it came to taxes. No one making less than $250,000 would see an increase at all, we were told. The...
  • ObamaCare endgame

    03/21/2010 4:22:56 AM PDT · by Scanian · 16 replies · 891+ views
    NY Post ^ | March 21, 2010 | Editorial
    Today’s the day that the House of Representatives votes (or doesn’t vote) on ObamaCare — a radical scheme that incorporates the most drastic changes in US health-care delivery in more than four decades. And it may well, in the long run, saddle the American economy with so much debt that it will make today’s troubled times look like the days of wine and roses. Next up: sharply higher taxes, soaring health-insurance costs and a reduction in spending on Medicare for the elderly. President Obama and House Speaker Nancy Pelosi have been trying to win over stillreluctant Democrats by waving around...
  • The Dems bring the pain: The real cost of the health care bill is about more than just money

    03/21/2010 4:12:13 AM PDT · by Scanian · 17 replies · 695+ views
    NY Post ^ | March 21, 2010 | MICHAEL TANNER
    As the health care leviathan slouches toward a final vote in the House of Representatives — or at least a final “deeming” — it is worth taking one final look at what’s at stake. In the end, this vote is not about the corruption of the legislative process — although this has been tawdry and sleazy almost every step of the way. The Democrats have bought votes with pork and special deals. They’ve twisted and ignored congressional rules. They’ve threatened and intimidated critics. And they’ve ended up with a new procedure that will allow them to pass the bill without...
  • ObamaCare: Will This Job be Killed?

    03/20/2010 8:08:17 AM PDT · by ConservativeHideout · 9 replies · 246+ views
    ObamaCare “would decrease costs…” is the nominal Democratic talking point regarding costs in the brave new world of government interference in the health care system. Of course, it’s a lie. It’s a lie that the Democratic members of Congress will repeat, and their lapdogs in the media will be all too happy to echo. Here is an example of the truth, one that you will never see in the MSM. Dow Jones Newswires | Caterpillar Inc. said the health-care overhaul legislation being considered by the U.S. House of Representatives would increase the company’s health-care costs by more than $100 million...
  • Health 'reformers' in wonderland

    03/02/2010 3:28:15 AM PST · by Scanian · 5 replies · 388+ views
    NY Post ^ | March 2, 2010 | THOMAS SOWELL
    Most health-care discussions are like something out of Alice in Wonder land. The biggest complaint about the medical care is "it costs too much." Yet one looks in vain for anything in the pending legislation that will lower the costs. One of the biggest reasons for higher medical costs is that somebody else is paying those costs, whether an insurance company or the government. What's the politicians' answer? To have more costs paid by insurance companies and the government. Back when the "single payer" was the patient, people were more selective about what they spent their money on. You went...
  • 'Washington knows best'

    02/24/2010 3:19:27 AM PST · by Scanian · 9 replies · 490+ views
    NY Post ^ | February 24, 2010 | BETSY MCCAUGHEY
    'Washington knows best" is in full swing: President Obama hasn't invited any governors to tomorrow's health-reform summit -- even though states have overseen health insurance for six decades. Indeed, states' experience ought to guide any bid to reform the system -- some, for example, are making stunning progress in keeping down costs. Of course, the president and his allies in Congress are eager to exploit some state-level problems -- such as some recent bad news from California. Health insurer Anthem announced that on March 1, premiums would rise 39 percent, a clear hardship for some Californians. Why? Anthem said the...
  • Obama unveils health plan that costs $950 billion over 10 years

    02/23/2010 3:22:45 AM PST · by Scanian · 4 replies · 258+ views
    NY Post ^ | February 22, 2010 | LAURA MECKLER
    Trying to revive languishing health-care legislation, the White House proposed Monday that a tax on high-end health plans be delayed for all workers, not just those in unions, and suggested new taxes to help make up for the lost revenue. President Barack Obama will carry the proposal, an attempt to bridge differences between bills passed by the House and Senate last year, into a bipartisan meeting with congressional leaders on Thursday, as Democrats try to regain momentum and push their legislation through final passage in Congress. Republicans are planning to bring their own ideas to the meeting, and aides said...
  • Prez's newest idea: Simply outlaw reality

    02/23/2010 3:15:20 AM PST · by Scanian · 14 replies · 625+ views
    NY Post ^ | February 23, 2010 | Charles Hurt
    WASHINGTON -- In cluded in President Oba ma's latest stab at health-care reform released yesterday is one of the more astonishing admissions of political deception in recent memory. After months of swearing that his health legislation would lower the skyrocketing costs of insurance premiums, Obama finally acknowledged that actually it would not. So, instead, he has included a new provision that can simply outlaw premium increases his administration deems "unreasonable and unjustified." This, in lieu of literally years of promises and proclamations about transforming the American hospital-industrial complex in a way that would drastically lower the cost of medicine in...
  • Obama seeks $200M to pay for terror trials

    01/31/2010 4:06:09 AM PST · by Scanian · 15 replies · 475+ views
    NY Post ^ | January 30, 2010 | AP
    WASHINGTON — The Obama administration is proposing a $200 million fund to help pay for security costs in cities hosting the trials of accused terrorists such as Sept. 11 mastermind Khalid Sheikh Mohammed. The money will be included in a budget plan for 2011 of roughly $3.7 trillion that President Barack Obama will submit to Congress on Monday, a congressional aide said today. The aide spoke on condition of anonymity because the spending blueprint hasn't been announced. The administration said late last year the trials would take place in federal court in lower Manhattan, near where the World Trade Center...
  • Stimulus is now $75 billion more expensive

    01/26/2010 6:56:04 PM PST · by FromLori · 10 replies · 316+ views
    CNN ^ | 1/26/10 | David Goldman
    The Congressional Budget Office hiked its forecast Tuesday for how much the stimulus bill will add to the nation's deficit, raising its estimate by $75 billion to $862 billion. Unemployment compensation: In CBO's initial estimate for the Recovery Act, the unemployment rate was expected to cap at 9%, but the rate rose above 9% in May and soared above 10% in October. As a result, the CBO said unemployment compensation in 2009 and 2010 will cost $58 billion. That's $21 billion more than initially expected. Food stamps: Nearly half of the additional $75 billion comes from more spending on food...
  • Food costs to soar as big freeze deepens (link only due to copyright)

    01/11/2010 10:09:17 PM PST · by FromLori · 23 replies · 828+ views
  • Schwarzenegger says health bill adds billion in California costs (another 'NSS!' GuBBY moment)

    01/11/2010 9:07:18 AM PST · by NormsRevenge · 4 replies · 380+ views
    SaC bee ^ | 1/11/10 | Kevin Yamamura
    In a national television interview that aired Sunday, Gov. Arnold Schwarzenegger said California's congressional members "are not representing us really well" as he pushed for higher federal reimbursements to help reduce the state's structural budget deficit. The Republican governor said on NBC's "Meet the Press" that the U.S. Senate's proposed federal health care overhaul would saddle the state with an extra $3 billion to $4 billion in annual costs due largely to an expansion of Medicaid, known as Medi-Cal in California. Schwarzenegger believes the health care plan would enshrine existing cost-share formulas that he says are unfair to the state....
  • Report: Health costs up slightly under Senate bill

    01/10/2010 5:41:05 AM PST · by prairiebreeze · 20 replies · 818+ views
    ap / yahoo news ^ | January 10, 2010 | Darlene Superville
    WASHINGTON – Americans would see only a modest rise in health care costs under the Senate's plan to extend coverage to 34 million people who currently go without health insurance, government economic experts say in a new report. The study found that health spending, which accounts for about one-sixth of the economy, would increase by less than 1 percent than it otherwise would over the coming decade even with so many more people receiving coverage. Over time, cost-cutting measures could start to reduce the annual increases in health care spending, offering the possibility of substantial savings in the long run....
  • What can employers do to avoid costs of new Obamacare legislation

    12/25/2009 8:17:56 AM PST · by CapnJack · 40 replies · 1,247+ views
    December 25, 2009 | CapnJack
    What can employers across the country, big and small, do to avoid much of the costs of the new Obamacare legislation? There has been talk about converting employees to contractors. But there are pitfalls to doing this as outlined by this site: What can employees do to avoid costs (or even protest) this new monstrosity being forced upon them? If you are a business owner, what are some plans you might inact to reduce the costs and emilinate or minimize any penalties that will come with this legislation?
  • Vital $igns wrong in fuzzy Dem math: CBO

    12/24/2009 3:38:37 AM PST · by Scanian · 9 replies · 642+ views
    NY Post ^ | December 24, 2009 | CHARLES HURT
    WASHINGTON -- Senate Democrats are using phony accounting to claim their health-care legislation isn't a budget buster, Congress' own nonpartisan auditors charged in a letter yesterday. The Congressional Budget Office said rosy projections by Senate Democrats that their health-care bill will cut the deficit by $132 billion while still being able to fully meet future Medicare obligations is mathematically impossible. "To call this 'reform,' you would have to call Bernie Madoff honest," said Sen. Judd Gregg (R-NH). The bill includes some $500 billion in projected savings for Medicare, leading sponsors to say it will make a huge cut in the...
  • The GOP Health Plan: Ways to make care cost less

    12/05/2009 3:35:12 AM PST · by Scanian · 414+ views
    NY Post ^ | December 5, 2009 | MATT PATTERSON
    Democrats have done a good job portraying Repub licans as health-care-reform obstructionists. Rep. Chris Van Hollen (D-Md.) gave the party line, for example, when he told Talk Radio News service, "There is no Republican health-care plan out there." In fact, the GOP has offered several health-reform bills. And on Nov. 3, the party's leaders in the House unveiled a comprehensive reform plan, introduced as a substitute amendment by Minority Leader John Boehner (R-Ohio) -- which Democrats defeated 258 to 176 on Nov 7. The bill, says Rep. Paul Ryan (R-Wis.), represents Republicans uniting behind "eight or 10" core principles. One...
  • Big Costs Are Hurdle to Climate Pact

    12/03/2009 8:19:08 PM PST · by FromLori · 9 replies · 511+ views
    WSJ ^ | 12/4/09 | CHARLES FORELLE
    Poorer EU nations -- some of which have lower economic output per capita than developing countries such as South Korea or Malaysia -- are loath to send money abroad. European industries are wary of supporting their Asian competitors. In September, the European Commission proposed a blueprint for financing that pegged the total cost in developing countries at €100 billion annually by 2020. The leaders of the bloc's 27 nations agreed with the figure, but said only that the EU would pay its "fair share" of the total, without committing to an amount. That followed fierce objections from Poland, which often...
  • Wrong diagnosis, wrong treatment

    12/02/2009 2:51:45 AM PST · by Scanian · 235+ views
    The American Thinker ^ | December 02, 2009 | Andrew Foy and Brenton Stransky
    "Most of the energy of political work is devoted to correcting the effects of mismanagement of government." - Milton Friedman The art of medicine requires the health care provider to make an accurate diagnosis in order to formulate an effective treatment plan. This is also true of the art of policy making and is magnified by the fact that one piece of legislation affects the lives of millions of individuals whereas the art of medicine affects only one. Proponents of the health care reform bills coming out of Congress claim the bills will decrease medical cost growth over time, making...
  • All that health care reform money - for nothing

    11/20/2009 2:44:22 AM PST · by Scanian · 13 replies · 712+ views
    The American Thinker ^ | November 19, 2009 | William Tate
    Seinfeld fans should love Harry Reid's health scare plan. Reid wants to spend almost a trillion of your tax dollars over the next decade for ... nothing. According to reports, Reid's plan would leave 24 million people uninsured in 2019. That is approximately the same number of people that some studies show who are currently uninsured because they can't afford health insurance. One dirty, big secret that Dr. Reid, Nurse Nancy, and Orderly Obama don't want you to know is that a significant number of uninsured Americans can afford health insurance; they just choose not to purchase it. Many are...
  • The health-deform express

    11/20/2009 2:00:57 AM PST · by Scanian · 2 replies · 437+ views
    NY Post ^ | November 20, 2009 | Editorial
    The Democrats' health-care express is on the move again -- too quickly for Americans to absorb the long-term implications of its potentially devastating impact on the US economy. Senate Majority Leader Harry Reid unveiled his latest bill Wednesday, complete with a Congressional Budget Office analysis suggesting it would cost $849 billion over 10 years -- well below the president's $900 billion ceiling. In fact, the actual cost of the Reid bill is three times that figure. Yet Reid aims to push through a critical procedural vote on the bill this weekend, which will demonstrate whether he has the 60-vote "supermajority"...
  • Another set of cooked books

    11/20/2009 1:56:24 AM PST · by Scanian · 6 replies · 520+ views
    NY Post ^ | November 20, 2009 | JEFFREY H. ANDERSON
    SENATE Majority Leader Harry Reid is touting the Senate's latest health-care bill as costing $849 billion over 10 years. But this uses the same accounting trick as past versions: 99 percent of the costs don't kick in until the fifth year of that "10-year" period. The true 10-year costs are well over twice what Reid's advertising: $1.8 trillion. The Democrats cite the bills' projected costs from 2010-19. Yet, as the Congressional Budget Office reports, the bill would cost just $9 billion total from 2010 through 2013 -- versus $147 billion in 2016 alone. In the first 40 percent of what...
  • Health Bill Hoax ...

    11/19/2009 5:29:17 PM PST · by Kaslin · 19 replies · 1,236+ views ^ | November 19, 2009 | INVESTORS BUSINESS DAILY staff
    Reform: Only a Bernie Madoff could believe the Senate's health care bill will extend coverage to 31 million Americans while cutting deficits by $127 billion over 10 years. It would be the first profitable entitlement. But that's what Majority Leader Harry Reid, citing Congressional Budget Office estimates, tells us the 2,074-page bill — said to cost only $849 billion over a decade — would do. Like House Speaker Nancy Pelosi, he seems to be following Vice President Joe Biden's admonition at an AARP town hall meeting that "we've got to spend money to keep from going bankrupt." We suspect Reid's...
  • 'Reform' at your expense: Health premiums to skyrocket

    11/17/2009 3:28:04 AM PST · by Scanian · 15 replies · 784+ views
    NY Post ^ | November 17, 2009 | SALLY PIPES
    The health-reform bill that the Senate will soon debate may differ markedly from the one written by Speaker Nancy Pelosi that passed the House -- but both would raise the cost of health care for ordinary Americans. Such an approach is at odds with the chief goal of reform -- to increase access to care by reducing the cost. The Empire State is ill-equipped to deal with higher health costs. New York's health system is already one of the most expensive in the country, with total private and public health-care spending of more than $6,500 a person a year. Only...
  • Putting the city in danger

    11/14/2009 2:42:14 AM PST · by Scanian · 20 replies · 705+ views
    NY Post ^ | November 14, 2009 | STEVE CASSIDY
    ATTORNEY General Eric Holder's decision to send the radical Islamic terrorists responsible for the 9/11 attacks to New York City for trial is horribly misguided. This public-safety mistake will further endanger our city and the lives of New Yorkers. New York City has always been in the crosshairs of terrorists seeking to attack our nation. Our city likely will always be the No. 1 terrorist target, but yesterday we had another bulls-eye placed on our backs, inviting yet another terrorist attack. The trials for these murderous terrorists are expected to be long and drawn out -- perhaps taking years, thanks...
  • House Republicans introduce 230-page health bill

    11/05/2009 2:59:31 AM PST · by Scanian · 16 replies · 1,209+ views
    NY Post ^ | November 3, 2009 | AP
    WASHINGTON — After months spent criticizing Democrats' health overhaul plans, House Republicans have produced a draft proposal of their own. It's much shorter and focuses on bringing down costs rather than extending coverage to nearly all Americans. A 230-page draft was obtained Tuesday by The Associated Press. A spokeswoman for Minority Leader John Boehner, R-Ohio, said changes were still being made before the bill would be finalized in time to offer as an alternative when Democrats begin floor debate on their bill, possibly at the end of this week.
  • Immorality Drives Medical Costs

    11/03/2009 8:49:34 PM PST · by TomasUSMC · 8 replies · 629+ views
    2 November 2009 | Roger Fredinburg
    Immorality Drives Medical Costs By Roger Fredinburg Watching the “Great Debate” over medical insurance, rising medical costs and ever broadening government control, I am reminded of some interesting facts, the details of which are not evident in the public or political discussion. I thought we ought to at least review them before the “rulers” of “Amerika” completely destroy the republic. Have you asked questions like; What is the cost of substance abuse on the medical system? What are the medical costs of sexual deviance and promiscuity? What’s the price of gluttony? How about laziness, slothfulness, sedentary lifestyles etc. what is...
  • Democrats challenged on cost of health bill

    10/31/2009 7:06:25 AM PDT · by La Lydia · 13 replies · 758+ views
    Washington Post ^ | October 31, 2009 | Lori Montgomery
    Republicans on Capitol Hill are challenging an assertion by House leaders that their new health-care package comes in under President Obama's spending limit of $900 billion over the next decade. The true cost of the measure, the GOP argues, is more than $1 trillion. A House leadership aide dismissed the charge as "GOP spin." But, in this case, the spin is essentially true. According to a preliminary estimate by the nonpartisan Congressional Budget Office, expanding coverage to an additional 36 million Americans would cost $1.055 trillion over the next decade under the House plan, counting tax breaks for small businesses,...
  • New Poll: Americans Don’t Believe Obama and Congress Share Their Priorities on Health Care

    10/29/2009 4:14:57 AM PDT · by Scanian · 3 replies · 424+ views
    NRO ^ | October 28, 2009 | Nicholas Thompson
    Data from the new NBC/Wall Street Journal poll present a problem for President Obama and congressional Democrats as they try to sell their health-care plan: Americans do not believe Obama and Congress are paying sufficient attention to the cost issue, which is a top public concern. As this chart shows, while Americans are essentially split on what Obama and Congress should be most focused on addressing, they are not split on what the proposed health-care plan actually is addressing. Some 38 percent of Americans say the plan should be most focused on health-care costs, and only 13 percent say the...
  • Back from dead: Return of the 'public option'

    10/27/2009 4:01:54 AM PDT · by Scanian · 8 replies · 696+ views
    NY Post ^ | October 27, 2009 | Rich Lowry
    The public option is back. Its Lazarus act is hailed as a sign of how rosy the health- care debate looks for Democrats. August is but a sepia-tinged memory. Passage of a sweeping bill is now considered a lock by the wisest Beltway pundits. And legislation may even include the most shining prize of all, the public option that liberals -- no matter what the talking points for public consumption -- consider a way station to the Valhalla of a government-controlled system. The flush on ObamaCare's cheeks, though, is not necessarily a sign of health. The return of the public...
  • $1T reform for 5%ObamaCare to cover few

    10/19/2009 3:52:45 AM PDT · by Scanian · 9 replies · 590+ views
    NY Post ^ | October 19, 2009 | JEFFREY H. ANDERSON
    THE health-care-reform debate is plagued by different num bers on how many Ameri cans lack health insurance, but we actually have excellent data on the question: Ninety percent of Americans are insured, according to the Census -- and even the president more or less concurs. The Census is the source for the much-cited figure of 46 million uninsured. Yet the very same table plainly indicates that 9 million of those are not US citizens. That leaves 37 million uninsured who are Americans. But there's more. In the same document, the Census also plainly states that "health-insurance coverage is underreported" in...
  • ObamaCare's Magic Math: Dems struggle to hide costs

    10/16/2009 3:18:57 AM PDT · by Scanian · 15 replies · 654+ views
    NY Post ^ | October 16, 2009 | Rich Lowry
    IF only the laws of the uni verse didn't make it impossi ble to conjure something out of nothing. In a magical world free of such encumbrances, Democrats would be spared the bother of hiding the inevitable costs of ObamaCare. The latest gambit of Democrats in both the Senate and House is to take roughly $250 billion out of health-care reform -- for Medicare payments to doctors -- and spend it in a separate bill. This instantly makes ObamaCare appear cheaper, although its impact on the federal budget will be precisely the same. This isn't even competent three-card monte. It's...
  • Customers will pay big for health fix: insurers

    10/13/2009 3:13:59 AM PDT · by Scanian · 9 replies · 736+ views
    NY Post ^ | October 12, 2009 | AP
    <p>WASHINGTON -- The insurance industry yesterday charged that the proposed Senate health-care bill would shift costs to privately insured people, raising the price of a typical policy by hundreds -- if not thousands -- of dollars annually.</p> <p>The trade group America's Health Insurance Plans sent its members a new accounting-firm study that projects the legislation would add $1,700 a year to the cost of family coverage in 2013.</p>
  • How Congress Is Cooking the Books

    09/30/2009 3:23:23 AM PDT · by Scanian · 4 replies · 488+ views
    NY Post ^ | September 30, 2009 | MICHAEL TANNER
    LAST week, the Senate Finance Committee voted 12-11 not to wait for the Congressional Budget Office to "score" its health-care bill before the committee votes on it. Imagine that: Some senators actually wanted to know how much the bill costs before voting on it. Let them get away with something like that, and before you know it they'll be demanding honest accounting practices -- sending the whole legislative process to hell in a hand basket. When it comes to the health-care-reform debate, you see, honest budgeting is nowhere to be seen.
  • Honduras Curfew Costs Economy $50 Million Daily, Canahuati Says

    09/23/2009 9:43:07 PM PDT · by Nachum · 4 replies · 314+ views
    Bloomberg ^ | 9/23/09 | Blake Schmidt and Andres R. Martinez
    Sept. 23 (Bloomberg) -- Honduras’s nationwide curfew is costing the Central American nation’s economy $50 million a day, said Jesus Canahuati, vice president of the nation’s chapter of the Business Council of Latin America.
  • The Machine That's Ruining Healthcare (MRIs are the problem, also hip replacements)

    09/23/2009 10:18:40 AM PDT · by Williams · 41 replies · 1,368+ views
    MSN Money ^ | 9 23 09 | Mark Gimein
    The main question of the national debate on health care has been who should pay for it, but lurking behind it is another one: Why does American health care cost so much in the first place? ... Obviously, the MRI is an extremely useful tool, giving doctors an ability to see inside the body and diagnose conditions that would otherwise require them to probe and cut into their patients' bodies. It is also expensive to buy -- at about $2 million -- and expensive to operate....
  • (vanity) Need to understand the installed cost of a residential elevator. (Mom and Dad moving in)

    09/22/2009 6:09:56 PM PDT · by Blueflag · 44 replies · 1,428+ views
    The hearts and minds of FReepers ^ | 9/22/2009 | blueflag
    Fellow FReepers -- We are going to move my aging parents into the finished ground floor of our home. To make this work best we want to install a residential elevator into our existing structure. Architecturally, this is not hard to do, as there are several locations in the home where we can easily fit the 'column' of the lift. BUT ... we don't have the first clue of what this might really cost us. Who has done this? ... and can shed light on the REALISTIC costs of putting in a lift capable of handling my mom in her...
  • Obamacare-Point and Counterpoint

    08/22/2009 4:40:41 AM PDT · by Scanian · 6 replies · 486+ views
    The American Thinker ^ | August 22, 2009 | Frank S. Rosenbloom, M.D.
    Mr. Obama has gone back on the campaign trail to try to sell his health care reform to the nation. Mostly hand-picked, sympathetic attendees have been showing up to his town hall meetings. He continues to make the same points regarding health care reform, which need to be addressed specifically. I hope to address more in future articles. 1. We need health care reform. We do not need health care reform. We have the best health care system in the world. We need health insurance reform. 2. Free market health insurance has caused our current problem. It is the government...

    08/22/2009 4:31:07 AM PDT · by Scanian · 11 replies · 638+ views
    NY Post ^ | August 22, 2009 | Editorial
    The Obama folks plan to end their Cash for Clunkers program Monday -- and good thing, since it was rap idly falling into chaos. By contrast, if Congress passes President Obama's plan for health-care reform, Americans may be stuck with it forever. No matter how much of a "clunker" it turns out to be. And, indeed, judging by the car-subsidy program, ObamaCare may well be just that -- if not worse. Sure, the clunker plan always sounded good: Free money toward a new car -- who'd complain about that? Well, for starters, the money comes from taxpayers. So it's not...
  • NHS compensation costs rise to £807m

    08/18/2009 8:46:31 PM PDT · by Nachum · 2 replies · 247+ views
    Guardian UK ^ | 8/18/09 | Owen Bowcott
    The NHS spent more than £800m settling legal claims last year as complaints of medical negligence against the service rose sharply. The surge in payouts is revealed in the NHS Litigation Authority's annual accounts which show that maternity services attract the highest legal costs. Clinical errors in delivering babies can result in lifelong damage and payments accordingly reflect the intensive medical care often needed for decades to come.

    08/18/2009 3:29:29 AM PDT · by Scanian · 17 replies · 1,767+ views
    NY Post ^ | August 18, 2009 | MARC K. SIEGEL
    FOR generations, we doctors have promised our patients that medical advances will allow us all to live longer, more comfortable lives. Now that these results are finally arriving, "health-care reform" -- or "insurance reform," as they're now pitching it -- could snatch the rug out from under us. Cost-control is central to any health-care "reform" along the lines favored by President Obama and congressional Democrats. But new treatments, while ever more precise and personalized, are also costlier. Anyone who's been saved from cancer by the latest targeted chemotherapy treatment, had a lung or breast cancer diagnosed early by a CT...
  • ObamaCare and Hidden Agendas

    08/18/2009 3:05:50 AM PDT · by Scanian · 5 replies · 460+ views
    The American Thinker ^ | August 18, 2009 | Randall Hoven
    President Obama gives us a false choice on health care: his way or the status quo. Nobody wants the status quo, and Republicans have real alternatives. The real choice is whether we have a single-payer, government run health care system. "The health care system in America is broken. Costs are rising at an unacceptable rate - more than doubling over the last 10 years, which is nearly four times the rate of wage growth. Too many patients feel trapped by healthcare decisions dictated by HMOs. Too many doctors are torn between practicing medicine and practicing insurance. And 47 million Americans...

    08/13/2009 3:49:19 AM PDT · by Scanian · 9 replies · 677+ views
    NY Post ^ | August 13, 2009 | Michael Tanner
    PRESIDENT Obama has repeatedly said that one of his "reform" goals is to increase "competition and choice" in the US health-care system -- but the policies he's pursuing would actually reduce competition and give consumers fewer choices. Meanwhile, he's ignoring reforms that would bring more choices and competition. The nation now has some 1,300 insurance companies, but most consumers actually have far fewer choices. An American Medical Association survey found that in 299 of 313 largest metro areas, one insurer controls at least 30 percent of the market. In New York, just two insurers, GHI and Empire Blue Cross, represent...