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Showing blog posts tagged with health care costs

Still Without a Contract, Golden Gate Ferry Captains Hold One-Day Strike

Golden Gate Bridge District photo via Facebook

The ferryboat captains—members of the Marine Engineers' Beneficial Association (MEBA)—who operate San Francisco’s commuter ferries between Sausalito, Larkspur and the city are holding a one-day unfair labor practice strike today. The action follows another round of negotiations with the Golden Gate Bridge District that failed to reach a settlement.

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Remember That Time You Thought Your Hospital Charged You Too Much? You Were Probably Right

Remember That Time You Thought Your Hospital Charged You Too Much? You Were Probably Right

Everybody knows about exorbitant hospital prices, but data compiled by National Nurses United (NNU) shows that many hospitals, especially the for-profit ones, are price gouging their patients. Many for-profit hospitals, according to NNU, actually charge patients more than 10 times what it costs to provide care.

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MedStar’s NNU Nurses Win Rollback of Health Care Cost Hikes

NNU photo

In 2012, MedStar Washington (D.C.) Hospital Center—where some 1,850 registered nurses and members of National Nurses United (NNU) work—unilaterally instituted sweeping reductions and changes in the nurses’ health benefits.

A federal judge last week upheld an arbitrator's ruling that MedStar acted unlawfully and must reimburse the nurses for any increased costs they paid and roll back the reductions and changes.  

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Our Health Care Prices Are 'Ludicrous'

Our Health Care Prices Are 'Ludicrous'

Wonkblog's Ezra Klein published 21 charts yesterday from the International Federation of Health Plans that illustrate just how ridiculous our health care prices are in the United States.

Klein writes:

This is the fundamental fact of American health care: We pay much, much more than other countries do for the exact same things. For a detailed explanation of why, see this article. But this post isn’t about the why. It’s about the prices and the graphs. 

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Mine Workers Say Patriot Plan to Gut Contract Is Totally Unacceptable

Photo by Julie Hunter

As previously reported, the Mine Workers (UMWA) union has been saying that Patriot Coal was specifically designed to fail so that former parent company Peabody Energy Corp. could eliminate health care costs associated with former workers in their mines. Patriot was originally spun off of Peabody and was started with much of Peabody's obligations to its retired workers, but very little of Peabody's assets. UMWA argued that Patriot was using bankruptcy to get out of living up to those obligations. Now Patriot filed a motion with the bankruptcy court to create a Voluntary Employee Beneficiary Association (VEBA) to replace the existing retiree health care system. According to UMWA, the VEBA would cover only a fraction of the obligations owed to retired workers and their families.

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Reading List: Medicare and Medicaid Spending Fall, Underscore Flaws in Ryan-GOP Budget

For today's health care read, check out these new stories from Think Progress and the Center on Budget and Policy Priorities (CBPP):

CBO May Have Undershot Medicare’s Future Deficit Reduction By Over $300 Billion
Projected Medicaid Spending Has Fallen by More Than $200 Billion

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Astronomical Health Care Costs: Pay No Attention to the Chargemaster Behind the Curtain

Astronomical Health Care Costs: Pay No Attention to the Chargemaster Behind the Curtain

While many Republicans balked at passing $60 billion in relief for Hurricane Sandy cleanup (they eventually passed a little higher than $50 billion), TIME’s Steven Brill wrote that the United States spends nearly that much in health care costs each week.

In Bitter Pill: Why Medical Bills Are Killing Us, Brill asks the question very few people raise: Why does the United States pay so much for health care?

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Three Reasons Why Medicare Cost-Shifting Is the Wrong Solution

The president opened last week's State of the Union address, calling for "modest" changes to contain Medicare costs. One of the president's primary audiences, Congress, faces a series of deadlines in the coming months, including automatic spending cuts on March 1, expiration of the federal budget patch on March 27 and the impending debt ceiling this summer. Any one of these deadlines may force decisions about Medicare's future.

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