Health insurers are eating higher medical costs

Almost all of the major health insurance companies are spending more on medical care this year than they have in the past. Rising prices and more services for sicker patients are among the many reasons why this is happening. That uptick in spending has freaked out Wall Street, even though insurers are still quite profitable.…

A reality check on hospital mergers

Hospitals represent the largest chunk of U.S. health care spending, and hospitals are acquiring more market power and commanding higher prices — bills that every American pays for in some part. A report funded by the American Hospital Association claims hospital mergers result in better care and savings for patients. But all independent studies show…

The true cost of high-deductible health care plans

One alternative to sky-high monthly health insurance premiums for many Americans is opting for a high-deductible plan instead. Those plans come with lower monthly premiums, but their elevated deductibles create other problems. Deductibles can reach into multiple thousands of dollars — causing some people to skip care altogether. Foregoing preventative care or not filling prescriptions…