Costs news, articles and information:

$340 billion per year in US healthcare costs linked to chemicals found in plastic, detergents, cosmetics and toys

10/24/2016 - A newly released report, published in the The Lancet Diabetes & Endocrinology has revealed that exposure to hormone-disrupting chemicals is attributed to $340 billion in health costs each year in the United States. These endocrine-disrupting chemicals, or EDCs for short, are found in many everyday...

Main ingredient in EpiPen costs under $7; retail price hiked to $300

9/3/2016 - A newer and much, much cheaper version of the EpiPen could be available as early as next year, according to Mark Baum, owner of San Diego-based Imprimis Pharmaceuticals, which manufactures medical products such as eye drops and sinus medication at more affordable prices. Speaking with CNN Money on...

AMA calls for ban on drug ads as skyrocketing medical costs push Americans to seek alternative treatments

11/23/2015 - The medical-industrial complex is in big trouble. Americans are waking up to the sham that is pharmaceutical profiteering, and many of them are now turning to "alternative" treatments, which are really just the standard treatments that existed throughout the world before the days of FDA-approved drugs....

Senior healthcare costs skyrocket to $245,000 per year despite Obama's empty promises

10/25/2015 - The faults will remain in any system, even after the government redistributes who pays for those faults. In a way, when the government redistributes the costs of a broken system, their programs only legitimize the core faults within that system. For example, if the government determines that pharmaceutical...

Big Pharma's exorbitant cancer drug prices are due to corrupt monopolies, not development costs, study shows

4/9/2015 - Authors of a new report published online in Mayo Clinic Proceedings say that dramatically higher prices for cancer medications are beginning to have a negative effect on patient care in the U.S., as well as the American health care system overall. "Americans with cancer pay 50 percent to 100 percent...

Increasing breastfeeding can save millions in health costs, research shows

12/15/2014 - Providing resources to allow breastfeeding mothers to keep breastfeeding longer could save millions a year in healthcare costs, according to a study recently published in the Archives of Disease in Childhood. The researchers found that, in the United Kingdom alone, doubling the numbers of women who...

Ben & Jerry's co-founder says GMO labeling costs food companies 'essentially nothing'

11/19/2014 - The recent defeat of a proposed GMO labeling bill in Colorado, and the possible defeat of one in Oregon -- as of this writing, the Yes on 92 campaign to label GMOs in Oregon is roughly 5,000 votes away from a win (more on that here) -- hinged on the oft-repeated lie that mandatory labeling would increase...

Water costs skyrocket 1,000% where half the nation's fruits, vegetables and nuts are grown

8/3/2014 - It is not as if there aren't any economic factors influencing the price of groceries these days. Transportation alone, thanks to skyrocketing fuel prices, has lifted the cost of everything we buy at the grocery store. Now, one of the worst droughts in U.S. history is making the one thing absolutely...

Lead poisoning in children costs Michigan $330 million per year

6/25/2014 - Lead poisoning is an expensive health, social and economic problem affecting 70 percent of Michigan's children and costing more than $300 million per year. A recently published report titled: "Economic Impact of Lead Exposure and Remediation in Michigan" by the University of Michigan School of Public...

U.S. medical costs and spending are on the rise

5/2/2014 - Following several years of slowdown, use of healthcare services has begun to increase again in the United States, possibly portending large increases in costs and spending. The findings come from an April 15 report from the IMS Institute for Healthcare Informatics, which analyzes medical and prescription...

Overuse of brain scans for American headache sufferers costs $1 billion per year

4/1/2014 - Both CT (computerized tomography) scans and MRIs (magnetic resolution imagery) tend to be overused for headache sufferers to get good images of what's not right in the brain. They both do that well, but they both have their dangers. And they are both very expensive. From 2007 to 2010, there were...

After Obamacare, families still struggle with medical bills

2/6/2014 - One of Obamacare's "selling points" - and yes, there were many - was that the cost of healthcare would come down. That is, the cost of actual care that Americans would have to pay out-of-pocket, as well as the prices that people pay for healthcare delivery. As you are aware, especially if you're...

Hospitals price gouge 20-year-old man with massive overcharge on appendectomy surgery

1/10/2014 - A man who took his shocking $55,000 appendectomy bill to Reddit has stirred significant controversy about the outrageous costs of medical care in the present-day United States. Questions about the affordability of not only healthcare but also emergency care, loom large during the age of Obamacare, which...

Small businesses to be devastated by huge increases in health insurance costs in 2014

12/31/2013 - As reported by The New York Times, the Democrats are going to try to get the public's mind off of the costly disaster of Obamacare this coming election year by supporting large increases in the minimum wage. "Democratic Party leaders, bruised by months of attacks on the new health care program, have...

Physicians are being swallowed up by hospitals - Healthcare costs on the rise

9/15/2013 8:25:29 PM - A recent article in USA Today tells the story of a local, independent medical practitioner who, after 27 years of private practice, was forced to accept a buy-out by Bon Secours St. Francis Health System in South Carolina. "I didn't want to be bought. I wanted my independence," Dr. Carolyn Fields told...

Consumers poorly informed about emergency room costs, study finds

3/15/2013 - Emergency room charges vary so dramatically that it's impossible for consumers to know what kind of bill they're going to be stuck with, according to a study led by researchers from the University of California, San Francisco and published in the journal PLOS ONE. For example, the out-of-pocket patient...

Preventive natural medicine can curb spiraling medical costs - here's how

2/18/2013 - The prevailing healthcare model in America today, although slowly evolving, is still focused primarily on treating people after they become ill rather than on preventing them from becoming ill in the first place through nutrition and lifestyle. And a major consequence of this failed approach has been...

Bad science busted: New 'study' from UC Davis about costs of GMO labeling funded by biotechnology industry

9/18/2012 - Major food and biotechnology corporations like Cargill and Monsanto really do not want to see genetically-modified (GM) food labeling laws passed this fall in California, or anywhere else for that matter, which is why they are continuing to hire corrupt scientists, researchers, and university academics...

Obesity is bankrupting America, disease costs soar

5/6/2012 - Forget the budget battles in Washington, D.C., although those are important. Want to know what one of the biggest issues is - literally - behind the bankrupting of our country? Obesity. No, we're not kidding. In fact, new analyses of data surrounding obesity reveal that it is costing the nation...

Swiss government report declares homeopathy is 'cost effective' in treating patients

4/29/2012 - In a story akin to "the mouse that roared," a major report from the Swiss government has determined that the very small doses commonly used in homeopathic medicine are both effective and cost-effective. Despite the impressive technological prowess of conventional medicine today, the Swiss government...

Finnish government to cover lifetime of medical costs for children permanently injured by swine flu vaccine

10/24/2011 - Back in September, officials from the National Narcolepsy Task Force in Finland determined that Pandemrix, an H1N1 / swine flu vaccine developed by drug giant GlaxoSmithKline (GSK), is responsible for causing narcolepsy in certain individuals, and particularly in children. In response, the Finnish government...

Obamacare failure now evident as health care costs rise nationwide

5/18/2011 - President Barack Obama's signature health care law was supposed to accomplish a couple of things. First, it was supposed to ensure that all Americans had access to quality healthcare; and second, it was supposed to reduce overall healthcare expenditures. In a word, the law - while admittedly not...

Big Pharma lies about R&D costs to justify illicit profits

3/10/2011 - If you listen purely to the industry side of the story, you might think that drug companies are more than vindicated in selling brand-name drugs for sometimes thousands of times more than they cost to produce, and raking in billions of dollars in profits every year. After all, much of that profit covers...

Why Wisconsin's economic protests will only spread as health care costs bankrupt the states

2/21/2011 - What we're really seeing today with the union worker protests in Madison, Wisconsin is the collision of money desires with fiscal reality. Everywhere across the country, union workers want to take home more money. Across the board, from teachers and firemen to law enforcement officers and government...

New York owes $200 billion in retiree health care costs - but there's no money

1/8/2011 - New York State, along with its cities and counties, have promised $200 billion worth of retirement health care benefits to their employees, and no one knows where that money is going to come from, according to a study conducted by the Empire Center for New York State Policy. Unless the governments...

Obesity costs USA $168 billion every year

1/6/2011 - Obesity-related health problems cost the United States $168 billion every year, amounting to 17 percent of all medical bills, according to a study conducted by researchers from Cornell and Lehigh Universities and released by the National Bureau of Economic Research. An earlier study, released in...

Cancer treatment costs rise to nearly $50 billion a year in the USA - huge profits for cancer industry

10/23/2010 - The amount of money spent on cancer treatment has nearly doubled in the past two decades, according to a U.S. Centers for Disease Control and Prevention study published in the journal Cancer. Total cancer treatment costs increased from $24.7 billion in 1987 to $48.1 billion in 2001-2005, the researchers...

Obesity costs society $73 billion just in lost productivity

10/10/2010 - The societal costs of obesity are typically thought of in terms of the health care costs associated with treating obesity related disease. But a new study has found another cost that has not often been considered: lost productivity. According to researchers from Duke University, obese workers costs...

Treating dementia costs more than one percent of global economic output

9/22/2010 - The costs associated with treating dementia represent more than one percent of the world's gross domestic product (GDP), says the 2010 World Alzheimer Report. In other words, if dementia was its own country, it would be the world's 18th largest economy -- and costs are only expected to continue rising. According...

Normal human problems are turned into medical conditions, spiking healthcare costs

5/28/2010 - Mainstream medicine has a huge new growth industry underway -- the "medicalization" of the human condition. That's the conclusion of a study headed by Brandeis University sociologist Peter Conrad that was just published in the journal Social Science and Medicine. The report, the first study of its kind,...

More Reasons to Avoid Fast Food at All Costs (Opinion)

5/11/2010 - Most people are aware of the many health issues associated with the regular consumption of fast food. It's now common knowledge that the meats at such restaurants are some of the poorest quality and are unfit for human consumption. This apparently applies not only to the meats but also to the so-called...

Be Aware of the Costs and Risks of In Vitro Fertilization

3/4/2010 - Assisted reproductive technology has its place and sometimes it`s the only viable option for infertile couples. Having said that, even if one chooses that option without trying natural methods it is possible to combine both. For example in vitro fertilization - IVF (the fertilization of an egg in an...

Health reform bill steals from the young to cover sick care costs of the elderly

2/25/2010 - Buzz about the health care reform bill never seems to end as talking heads from across the political spectrum duel it out over how best to control people through health care. What the population at large may not be aware of is that, if it passes in its current form, it will require young people between...

Big Pharma's advertising adds to health care costs and endangers public health

12/11/2009 - (Natural News) Prescription drug ads are banned in all industrialized nations except New Zealand and the USA. Yet most off those other nations have effective medical care programs while managing to keep costs from soaring. In 1997, the FDA opened the floodgates to prescription drug advertising in the...

Growing obesity epidemic will double diabetes population and triple medical costs by 2034

12/2/2009 - According to a study published in the December issue of Diabetes Care, the number of Americans with diabetes will double from 23.7 million in 2009 to 44.1 million in 2034. Consequently, the costs associated with treatment and care for diabetics will triple from $45 billion this year to $171 billion...

Why U.S. Companies Are Broke: Health Care Costs Rising Another 9 Percent in 2010

11/24/2009 - Businesses in the United States are expected to spend 9 percent more on health care in 2010 than they did in 2009, according to an annual survey conducted by PricewaterhouseCoopers. According to previous surveys, the cost of health care increased by 9.9 percent between 2007 and 2008, then another...

Why Health Care Costs are So High (Opinion)

11/7/2009 - This article has been removed

Why the Free Market Doesn't Work: Consumption vs. Conservation

4/23/2009 - I'm a big free market proponent. I love the "freedom" in it... the individual decisions of hundreds of millions of people coalescing into an "invisible hand" of efficiency improvements, quality of life enhancements and unlimited abundance. That's the Alice-in-Wonderland version of the free market economy,...

Average Retired Couple Will Pay $376,000 Out-of-Pocket for Health Care Costs, Warns Report

1/20/2009 - The average couple that does not have its health care subsidized by former employers will need to pay $376,000 for adequate health care after retirement, according to a report released by the Employee Benefit Research Institute. Researchers calculated the estimated post-retirement Medicare expenses...

Cancer Industry Raking in Profits on Chemotherapy as Treatment Costs Skyrocket

12/30/2008 - The cost of cancer treatment rose dramatically between 1991 and 2002, sparking fears that many people may be going without the most effective treatment, according to a study conducted by researchers from the National Cancer Institute. Researchers used data from the Surveillance, Epidemiology, and...

Five Ways One Has To Pay the Price for Obesity

11/3/2008 - Obesity causes poorer health, which in turn translates into higher medical and health care costs. For example, the obese are more likely to suffer from ailments such as hypertension, diabetes, heart disease and stroke. On top of that, there are also other ways in which obese people have to, quite literally,...

Buying the Presumably More Expensive Dog Food or Cat Food Can Save You Money

9/27/2008 - It's almost overwhelming when you visit a pet store and wander down the mile long aisles of pet food. Thousands of pet food brands all seem to say the very same thing -- 100% Complete Nutrition and 'Premium' and 'Choice'. The brand your vet sells costs around $30.00 for a 20 pound bag, the brand your...

To Save on Health Care Costs, Counties Refuse to Hire Smokers

9/5/2008 - Counties and cities across Florida are increasingly refusing to hire smokers, in an effort to reign in rising health care costs. Employers' right to discriminate against smokers in hiring was upheld by the Florida Supreme Court in 1995, when a woman sued the city of North Miami for violating her...

Medical tourism flourishing in Philippines while U.S. health care costs skyrocket

10/31/2006 - The Health Undersecretary of the Philippines -- Jade del Mundo -- recently stated that the bustling medical tourism program of the Philippines is allowing new doors to open in the nursing field, adding that the current multi-million dollar medical tourism program would be expanding in the provinces...

Health care costs are bankrupting employers, employees, surveys find

10/27/2006 - Americans are growing increasingly dissatisfied with the health insurance costs of the employer-sponsored health care system, according to the annual Health Confidence Survey. The survey found that overall dissatisfaction with health insurance costs increased from 33 percent last year to 52 percent,...

Health care costs skyrocket in United States, threatening to bankrupt national economy

9/27/2006 - According to the annual "Survey of Employer Health Benefits," a report released Tuesday by the Henry J. Kaiser Family Foundation and the Health Research and Educational Trust, health care costs in the United States have risen 7.7 percent between spring 2005 and spring 2006. While this increase is...

Extra Pounds Mean Higher Health Costs (press release)

9/13/2006 - Medical and pharmacy costs rise steadily for employees with above normal body weight, reports a study in the July Journal of Occupational and Environmental Medicine, official publication of the American College of Occupational and Environmental Medicine (ACOEM). Led by Feifei Wang, Ph.D., of the...

Study Tallies High Medical Claims Costs of Obesity (press release)

8/14/2006 - Obesity is a major contributor to employee health costs, responsible for two to three percent of all medical claims dollars, reports a study in the March Journal of Occupational and Environmental Medicine, official publication of the American College of Occupational and Environmental Medicine (ACOEM). Given...

The story of $100 billion: A mysterious number that may explain what's wrong with America

2/27/2006 - What's wrong in America? Interestingly enough, many of our nation's problems can be summed up in one unlucky number: $100 billion. Sure, sometimes the government's $100 billion expenses signify a positive, worthwhile expense, such as the $100 billion that the federal and local governments spend on elementary...

Why we should bar smokers from taxpayer-funded health care coverage

3/6/2005 - Is it time to ban cigarettes yet? In this essay, I'm going to give you three different perspectives on the issue. From one perspective, the public health view that says cigarettes are a deadly product that causes untold pain, suffering and death in the American population. From another view, I'll talk...

How to slash national health care costs by 90% through education, nutrition, and a ban on junk food marketing

12/5/2004 - Want a real solution to skyrocketing health care costs? Forget about all the so-called "cost saving" schemes dreamed up by politicians, drug companies and HMOs. All they do is create new levels of bureaucracy that don't address the real problems of why health care costs are so high in the first place....

Skyrocketing health care costs make U.S. employers non-competitive in the global marketplace

8/8/2004 - Skyrocketing health insurance costs are heavily impacting employers in the United States. Now, for the first time, medical benefits to employees has become the most expensive benefit paid by employers, according to a new report issued by the Employment Policy Foundation. The cost of health care for...

Health insurance costs continue to spiral out of control

11/19/2003 3:28:40 PM - Health insurance costs for employers continue to climb at an outrageous pace. We all know that. But what's the cause? Although almost nobody will admit it, there are really three primary causes of spiraling health care costs. 1. Drug company profiteering. They're doing everything they can to squeeze...

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