Here is another article helping to show us how the medical industry is being underwritten by tax payer’s dollars and that in the not so distant future, the true cost of health insurance will be too expensive for the middle class to afford. Premiums continue to climb.
Government’s $1.2 trillion dollar subsidy of Healthcare
Alternative to buying health insurance
The Federal health care law’s (Affordable Care Act) requirement that you have insurance or pay a penalty-tax (see 26 United States Code Section 5000A, (d), (2), (B)), can be met by a different route than buying the normal health insurance. It specifically allows healthcare sharing ministries, which are substantially cheaper than standard health insurance. This ... Continue Reading
That blood test cost how much??
Here is a great article about the ridiculous charges for an item that has a defined cost. A cholesterol panel (lipid panel) average charge was $220 (a range of $10 to $10,169 for the same test). While even at $5 a good profit can be had for that test. BMJ Open-2014-Hsia-
Money in Healthcare
Here is a list of finance facts that have come by my desk in over the past two weeks: – Congress approved $16.3 billion overhaul to the U.S. Department of Veterans Affairs – To continue the Medicaid “pay raise” to doctors after 2014, it will cost the federal Government $11 billion over a two-year period ... Continue Reading