Tag

Rising Healthcare Costs

All articles tagged with #rising healthcare costs

finance2 years ago

"Los Angeles Restaurant Implements 4% Surcharge for Staff Health Insurance, Here's How to Manage Your Own Soaring Health Care Expenses"

A Los Angeles restaurant has sparked controversy by adding a 4% service charge to cover staff health insurance, prompting discussions about who should bear the cost of healthcare. While some argue that customers should not be responsible for covering service workers' insurance, rising healthcare costs are a significant burden for many Americans. This practice of adding surcharges to bills is not uncommon, with 15% of restaurant operators planning to implement similar fees. To offset rising healthcare expenses, individuals can consider setting money aside in a health-focused savings account, shopping for deals on private health insurance, and maintaining healthy habits to reduce the risk of health-related complications.

"The Outrageous Cost of Healthcare: Unveiling the Impact of Hospital Mergers"
healthcare2 years ago

"The Outrageous Cost of Healthcare: Unveiling the Impact of Hospital Mergers"

Hospital mergers and consolidation in the healthcare industry have led to decreased patient choice, hindered innovation, eroded quality, and raised prices. The Biden administration has taken steps to address this issue by ordering the Federal Trade Commission (FTC) to be more aggressive in reviewing and potentially blocking hospital mergers. However, the FTC faces challenges in proving the anticompetitive effects of these mergers and lacks the resources to effectively address the problem. State legislatures have also passed laws to shield hospitals from antitrust action, further hindering efforts to curb consolidation. Some economists suggest that price regulation may be necessary to restore competition in the healthcare market.