The nation’s employers can expect medical costs to increase by 9 percent in 2011, a decrease of 0.5 percent from the 2010 growth rate, according to the annual Behind the Numbers report published today by the PricewaterhouseCoopers LLP (PwC) Health Research Institute. For the first time, the majority of the American workforce is expected to [...]
President Obama called on Congress today to avert a 21 percent cut in payments to physicians who treat Medicare patients in his weekly radio address. He also reiterated his commitment to permanent reform of the Medicare physician payment formula. “I realize that simply kicking these cuts down the road another year is not a long-term [...]
When Roena Hall, 75, received a power wheelchair through Medicare a year ago, it improved her mobility and relieved some of the pain in her back. But she didn’t realize that the medical device would also help save her life. Two weeks ago, as Hall fried fish for lunch in the kitchen of her converted [...]
California based Global Medical Excellence (GME) sets a new benchmark. Innovative arrangement with U.S. doctors to treat U.S. patients in International Hospitals of U.S. quality standards. GME’s patients to pay less than 25% of the U.S. cost of surgery. In what can potentially be a ground-breaking development, the California based medical tourism company Global Medical [...]
A nationwide survey of business executives by Crain Communications Inc about the recent federal health care reform law has found that a majority of U.S. employers are unlikely to cease offering health care benefits to their workers. The survey, to which nearly 3,700 executives responded, was conducted among readers of Crain Communications’ publications, including Workforce [...]
