Making ends meet
Health care is the largest industry in Southern Oregon, so our hospitals' health matters to all of us, experts say. The simplest measure of financial well-being is whether you bring in more money than you pay out. On that score, Medford's two hospitals did OK in 2006 (the most recent year for which data is available), but Ashland Community Hospital paid out more for wages, supplies and equipment than it took in.
"As government-sponsored care reimbursement drops, it creates immediate and direct cost increases for commercial insurance," he said.
This "cost shift" represents about 15 percent of the cost of health insurance premiums. As premiums increase, some employers who are just hanging on tend to drop insurance coverage for their employees, sending more people into the ranks of the uninsured.
Thank you government. My premiums are subsidizing the plans that my taxes already pay for.
Standing in line for bread in the Soviet Union may get to be what we joke about while we are standing in line for our health care someday. Investors will not prop up a failing bussiness model but in this case the model may be sound but government comes in as says YOU MUST accept these prices. (anyone tried to negotiate paying a lower cost or going somewhere else to "buy" their drivers license?)