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…