August 30, 2016
IT IS NOT CHEAP to put one ambulance on the street (Stu Bykofksy, Aug. 23), but to have many on the street is a very high cost. There is the maintenance cost, fuel cost, staffing cost, not to mention the cost of equipment, which goes up every year. A heart monitor alone costs $30,000 to $50,000. Then you have the maintenance cost to keep it going. Now, into the picture, you throw the insurance companies, who run the health-care business. Medicare has a base figure it will pay out to certain things used during a call - equipment, medications and so forth.
May 16, 2016 |
Hugh Cunningham will tell you he doesn't know much about the new U.S. Department of Labor regulations, introduced in April, that govern retirement investments such as annuities, though he's an investor in annuities. This much he knows firsthand, though: He wasn't happy with some old sales tactics behind the complex products. A few years ago, when the Washington Township resident was on the cusp of retirement, he wanted to put a portion of his assets into something that would generate income after he stopped working.
April 17, 2016 |
Princeton businesswoman Kim Pimley serves on nonprofit boards, ran for mayor a few years back, and keeps in shape by bashing a 150-pound punching bag. The type of person who runs up escalators, the 55-year-old was always overflowing with energy. Until, all of a sudden, she wasn't. She started to feel short of breath in early January, and wondered whether she had caught a bug. But she felt progressively worse, at one point unable to climb the stairs without sitting to rest halfway up. Within days she was sent to the Hospital of the University of Pennsylvania, where she received unthinkable news: A rare, aggressive disease, its cause unknown, was attacking her heart.
March 19, 2016
ISSUE | HEALTH CARE Premium shock I have seen increases in health-insurance premiums and deductibles for my family. I have no idea why there was a huge increase over last year's rates ("In Pa. and N.J., Affordable Care Act is anything but," Monday). Certainly the old method of "let the insurance companies decide" didn't work. Now the Affordable Care Act isn't working. Is "Medicare for all" worth a try? |Diane Doyle, Quakertown, email@example.com
March 12, 2016
Aging baby boomers in Pennsylvania thought they were being careful planners when they bought long-term-care insurance to cover future nursing home expenses and end-of-life costs while protecting their assets. Boy, were they wrong. The insurance companies they paid premiums to now say they can't afford the policies and want consumers to bail them out. Four companies want rate hikes ranging from 14 percent to 130 percent, depending on the coverage. The increases would affect 75,000 Pennsylvanians.
March 7, 2016
Frank Wilson is a retired Inquirer book editor who blogs at Books, Inq. - The Epilogue In Crippled America , Donald Trump's campaign book, which hit stores in November, Trump notes that his critics "have been claiming I haven't put out enough specifics. " His response is interesting. Not only does he not deny the charge. He cites it as a point in his favor: "There's a good reason for this, and it fits perfectly with my overall philosophy of leadership: Many of our problems, caused by years of stupid decisions or no decisions at all, have grown into a huge mess.
February 28, 2016 |
In 2010, Forbes declared Alexion Pharmaceuticals' Soliris the world's "single most expensive drug," at nearly $410,000 a year. It seems to have gone up since. An organization representing Canadian provinces announced two weeks ago that it had called off negotiations with the drugmaker over its $500,000 asking price. A watchdog agency in the United Kingdom said the company was seeking $700,000 there. In the United States, hospitals buy the drug, which is infused like chemotherapy, and they bill insurance companies directly.
December 28, 2015 |
Do you ever wonder about all the factors that go into how much you pay for car insurance? The answer isn't as simple as it might seem. There are dozens of factors that go into how much drivers pay for auto insurance. "Auto insurance used to be so easy," said Ken Henry, owner of Henry Insurance Agency in Cincinnati. "All you needed to know was someone's age, accidents or tickets and city or county. If your neighbor had the same car, was your age with a similar driving record, and was with the same insurance company, you both got the same rate.
December 2, 2015
ISSUE | UNIVERSITY CITY Community partners In Friday's column , Inga Saffron reached an inescapable conclusion: Universities were complicit in postwar urban-renewal programs that failed to sustain strong, diverse neighborhoods. She suggested that requiring payments in lieu of taxes (PILOTs) by nonprofit institutions is the logical form of redress. But that narrative fails to account for 20 years of successful efforts in University City. And the conclusion is shortsighted - no program of PILOTs could match the impact that anchor institutions make today.
September 30, 2015 |
YOU PROBABLY missed it in all the hoopla over Pope Francis - especially since the seemingly tireless 78-year-old pontiff was running around making some new, headline-worthy pronouncement every 45 minutes or so during his exhausting North American tour that wrapped up in Philadelphia. But the first-ever pope from the Americas actually said some pretty nice things about our capitalism. It was just this summer, after all, that Francis called capitalism's excess "the dung of the devil. " It sounds kind of bad when you put it that way. But on Wednesday, the pope found himself before the millionaires-financed-by-billionaires known as the U.S. Congress.