According to an article in the Star-Telegram, Texas Health Resources is implementing its third round of job losses this year.  More than 100 Texas Health Resources employees have suffered job losses this year, including 23 workers at the Texas Health Harris Methodist Hospital Fort Worth.

The article said:

“The layoffs, announced to employees on Sept. 8, are an attempt to adjust the company’s work force to changing demands for patient …

Tags: Health care Texas Health Resources United States

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… forces on Capitol Hill continue to hash out details regarding a national plan of attack for rising health care expenses, local governments are looking to find ways of their own to help their residents cope with the current healthcare and economic crisis.  CBS 11 reported today that Forest Hill will begin offering free prescription drug discount cards.  Forest Hill City Manager, David Miller, explained the need for the program, “Whether or not an individual had prescription coverage, this …

Tags: Capitol Hill Health care National League of Cities Prescription drug United States

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According to a story by the Star Telegram Dallas- Fort Worth ’s job losses grow as Texas Health Resources lays off 49 healthcare workers throughout Texas. Texas Health Resources, which operates 13 hospitals and employs more than 18,000 people, says the layoffs were caused by a drop in the number of people seeking medical care because of the economic recession. According to Texas Health Resources, people are delaying non-urgent medical tests and elective surgeries because of rising …

Comment author: Health

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The Obama administration and legislators are currently debating the feasibility of health care reform. Senate majority Leader Harry Reid made an interesting observation about how medical debt often influences a debtor’s decision to file for bankruptcy :

“In 2008, about 750,000 bankruptcies were filed. About 70 percent of those bankruptcies were filed because of health care costs. Eighty percent of the people who filed for bankruptcy because of health care costs had …

Permalink: /medical_bills/can-a-health-care-overhaul-reduce-medical-bankruptcy/

… is suing Turbine Airfoil Designs, Inc. a Texas company, for allegedly not paying employees’ health insurance premiums for five months despite the fact that the company was deducting a portion of the employees’ paychecks for health insurance.  Because of the company’s failure to pay the insurance, Capital BlueCross retroactively canceled coverage, leaving many employees with tens of thousands of dollars in unpaid medical debt.

The article said:

“The civil suit, which names …

Permalink: /medical_bills/companys-failure-to-pay-health-insurance-leaves-employees-swimming-in-medical-debt/

… Census Bureau figures states that Texas leads the nation in the percentage of residents without health insurance.  More than 1 out of every 4 Texans are without health insurance, a total of 6 million residents and Texas leads the nation in the numbers of children who go without health insurance.

The article said:

“…Texas had the nation’s highest percentage of children under 18 without coverage – 17.9 percent. Nationwide, the percentage was 9.9 percent.”

Lack of health …

Tags: Bankruptcy Health Uninsured in the United States

Costs of out-of-pocket health care projected to increase.

As if the current crisis of rising healthcare costs weren’t enough to stress most of us, the Employee Benefits Research Institute announced the results of a study regarding the savings that a person will need upon retirement to pay for expenses not covered by Medicare and Medicaid.  The results are different for men and women, because of longevity issues.  …

Comment by Jacob Decker: … right information. Health care in this country should take …

Tags: Employee benefit Health care Retirement Unemployment

A study by AOL Health and the Associated Press shows that as debt related stress raises, your health decreases.

Debt is a useful tool that nearly everyone uses.  Debts can range from credit cards, student loans, mortgages, 401K loans, home equity lines of credit, car payments, etc.  Some types of debt have actually proven to be good investments.  Student loans are excellent when used correctly, because …

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… “Now with high unemployment, consumers have to reach into their pockets even more to fund their health care.” Americans spend an estimated $294 billion on annual out-of-pocket medical costs annually, to cover everything from doctor’s office co-payments to surgeries and prescription medications. About 25% of that — around $74 billion — is already being charged to regular standard credit cards, according to Kalorama. McKinsey Consulting expects that $150 billion worth of health care …

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According to an article in the Dallas-Morning News, health care reform is at the top of the new administration’s list of priorities.

The article said:

The statistics explain part of the reason for the urgency:

•The U.S. spent an estimated $2.4 trillion on health care in 2008, or $7,900 per person – about twice the average of other developed nations.

•More than 45 million Americans lack health care coverage, and 25 …

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… quality of life. For retirees healthcare is not just a luxury, it is essential as certain health issues tend to emerge as one ages. One of the GM retirees noted this fact quite bluntly in the article:

“My teeth are going bad because I’m 69,” he said. “My sight is going bad because I’m 69. And you know damn well what happens to hearing.”

This GM retiree will be forced to forego necessary dental surgery because of the GM cuts.  But his biggest fear is that the GM …

Permalink: /breaking-news/retirees-keep-pension-lose-some-health-benefits-in-gm-bankruptcy/

According to an article in the Star-Telegram, health insurance companies are offering to reduce rates for millions of women and accept close federal regulation of their industry in an effort to stop the move towards a universal healthcare plan.

The article said: The industry is trying to head off creation of a government health plan that would compete with them to enroll middle-class workers and their families… Instead of a government …

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