Health Spending Expected To Exceed Economic Growth

From Kaiser Health News – The nation’s total health spending will bump up next year as the health law expands insurance coverage to more Americans, and then will grow by an average of 6.2 percent a year over the next decade, according to projections released Wednesday by government actuaries. That estimate is lower than typical…

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NC Could Save $18.7B by Adopting Single-Payer

By Jennifer Thomas for the Charlotte Business Journal – North Carolina could save as much as $18.7 billion next year on health-care costs if it changed the way it finances health care. The catch? That change would require a switch to a single-payer system in which one entity collects all health-care fees and pay related…

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Health Care Spending: A 21st Century Gold Rush

By Dr. Philip Caper for the Bangor Daily News – Winston Churchill once remarked, “Americans will always do the right thing, once they’ve exhausted all alternatives.” His observation, at least the second half of it, is proving itself as we continue to struggle with our health care system, especially its out-of-control costs that are crippling…

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Healthcare Costs For Workers Almost Doubled Since 2002

By the AP – It sounds like good news: Annual premiums for job-based family health plans went up only 4% this year. But hang on to your wallets: Premiums averaged $15,745, with employees paying more than $4,300 of that, a glaring reminder that the problem of unaffordable medical care is anything but solved. The annual…

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Healthcare Spending to Remain High

Unnecessary care, fraud and high administrative costs are among factors. From the LA Times – With all the squabbling about healthcare, there’s one fact on which all sides can agree: American medicine costs too much, especially when you consider what we’re getting for our money. And as experts look toward the future, they don’t see…

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Healthcare CEOs See Biggest Paycheck Bumps

By Karen M. Cheung for Fierce Healthcare – The healthcare industry saw the largest increases in executive pay out of all sectors, according to a Wall Street Journal and Hay Group CEO compensation survey, released yesterday. Although healthcare CEOs saw the smallest pay increases out of all industries in 2010, the tides shifted last year,…

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U.S. Spent $8,100 Per Person On Health Care In 2009

By ThinkProgress – The National Institute for Health Care Management Foundation’s new report finds that annual American health care spending is now at $8,100 per person in 2009, for a total $2.5 trillion dollars or 17.6 percent of the GDP in 2009. “Higher utilization of medical technology, rising treated prevalence rates for chronic diseases, and…

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