Archive for November 1st, 2019

20 Year Old Starts Hospital Charity – Now The Rest of The Story

Friday, November 1st, 2019

Hello Americans. I’m Paul Harvey. You know what the news is —– in a minute you’re going to hear the rest of the story……………………..

At 20 years old Eric started a hospital charity to benefit children in need of health care. It was a noble endeavor. In less than 10 years, he raised more than $20 million for terminally ill children at Saint Jude Children’s Research Hospital in New York. His charity maintained just over a 9 percent cumulative expense ratio, one of the lowest expense ratios of any charity in the nation, and funded the construction of one of the most cutting edge intensive care units and surgery centers dedicated to children.

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Raising Drug Prices Is A Moral Requirement

Friday, November 1st, 2019

Raising drug prices is “a moral requirement,” says Nostrum Labs CEO.

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Predatory Billing, Scare Tactics, Boggus Prices

Friday, November 1st, 2019

Many hospitals are more interested in extracting money from vulnerable patients than providing quality care at a fair price………………but greedy healthcare participants like hospitals don’t have quite as much leverage as they’d like us to think………………..

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BCBS Swims In Cash

Friday, November 1st, 2019

Your BCBS renewal could be the beneficiary of a reserve buy-down in 2020 which means lower than normal rate increases. New business rates should be below market too. That’s because “A $1.7 billion tax refund under the Trump administration’s tax cuts drove a 226 percent rise in net income to $4.1 billion, from $1.3 billion the year earlier.” 

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