While some individuals with jaw-dropping wealth have pushed into showy extremes of shooting themselves and their pals into outer space or dropping hundreds of millions of dollars on yachts or Manhattan penthouses, a tech mogul and pro basketball franchise-owning billionaire is winning attention by attempting something different, challenging, and potentially beneficial to regular folks in….
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Financial punishment is now a built-in aspect of U.S. health care system
The sky-high and relentlessly rising cost of U.S. health care is slamming patients, ensnaring them in pricey over-testing, over-diagnosing, and over-treatment. It is pounding them with pervasive, pernicious, and unacceptable medical debt. The crushing burden of expensive health care is leaving consumers going without as they also struggle now with soaring prices for gas, food, and….
Continue ReadingU.S. finds high risks in tally of wrecks involving self-driving vehicles
Though it may be tempting for owners of and passengers in expensive, high-tech vehicles to leave the driving to increasingly smarter cars, Americans still must beware of lethal, injurious shortcomings in this new autonomous age. In just 10 recent months, federal officials say, almost “400 crashes in the United States … involved cars using advanced….
Continue ReadingBig Pharma, hit for tenfold price hikes, also faces FTC middleman probe
While U.S. patients are seeing their finances blown up by skyrocketing prescription drug prices, the members of Congress continue to wring their hands, ponder responses — and do nothing. The Federal Trade Commission, though, has at least launched an investigation of one part of Big Pharma to see if pharmacy benefit managers, the industry middlemen….
Continue ReadingWith medical ‘news’, paying attention to two N’s can matter to nth degree
While hope can be a remarkable element in healing the sick and injured, can there be anything crueler than raising false hopes among the vulnerable? Patients with serious illnesses like cancer — of the pancreas, breast, and rectum — may need to take in with extra care journalistic reports on medical advances that might affect….
Continue ReadingNewer diabetes drugs can lead to weight loss. Wish it was that simple.
As medical scientists increase the understanding of diabetes and the role that hormones can play in treating the disease and clinical obesity, doctors, drug makers, insurers, and others in U.S. health care are running smack into familiar, significant problems. These include issues with public perceptions about weight, diet, and appropriate prescribing of powerful medications, as….
Continue ReadingSeniors, overcharged by billions on Medicare, won’t see ’22 refund
Tens of millions of seniors, hit by one of the largest increases in recent memory of their monthly Medicare charges due to a prescription drug regulatory debacle, will not see a penny refunded this year on what amounts to a federal overcharge. This will occur, even though it was floated as a possibility and the….
Continue ReadingFor UCLA and Southern Baptists, sexual abuse scandals exact big toll
The University of California has agreed to pay yet more to hundreds of women patients who have credibly accused a UCLA gynecologist of sexual wrongdoing, with the now $700 million in approved settlements setting what is described as a national record for the largest such payouts involving a public university. The UC system, one of….
Continue ReadingPatients are imperiled by avoidable drug errors and hit with pricing ploy
Big Pharma has made the nation so pill-obsessed that prescription drugs pose big risks to the safety of the seriously sick and injured and the finances of retirees. Recent news stories have warned, for example, that: hospitals have failed to take needed steps to secure medications from lethal mix-ups drug makers and insures play a….
Continue ReadingAs recall of sleep apnea devices expands, U.S. prods firm to act faster
Federal officials have ramped up the pressure on a Dutch conglomerate over its expanding but slow recall of sleep apnea breathing devices relied on by millions of increasingly angry U.S. patients. The Justice Department has issued a subpoena to Royal Philips NV in preparation for an undetermined investigation of the company’s CPAP machines and their….
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