Health costs slam state, swell executive paychecks
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The Minneapolis-based company, which employs more than 900 people in Duluth, revealed Wednesday that both Dr. William McGuire, its CEO and board chairman, and Stephen Hemsley, president and
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William C. Van Faasen, chief executive of Blue Cross and Blue Shield of Massachusetts, earned $2.4 million last year, once again making him far and away the highest paid head of any of the state's big health insurers.
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After years of double-digit cost increases, employers are seeing a significant slowing in the rate of growth in what they pay for employee health insurance.
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The cost of employee health coverage rose 7.7 percent this year, more than double the overall inflation rate and well ahead of the increase in the incomes of workers.
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Politicians are pushing an idea to fight high health costs by shielding employers from the most expensive medical cases.
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US workers are paying more for health insurance and receiving less than they were four years ago and the situation is particularly acute in several states important in the presidential race, said a consumer group that has been critical
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Gov. Edward G. Rendell of Pennsylvania, who campaigned as a health care reformer, is learning that to contain costs is to pluck dollars from someoneâs pocket.
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A new report backs up claims by Utah workers who say the rising cost of health care coverage has shrunk their paychecks. Health insurance premiums paid by workers in Utah have risen over
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Our position is: Expansion of government control isn&#39;t the answer to US health-care problems. Soaring health care costs are taking an ever-larger share out of employee paychecks and eating into employer profits.
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Retirees shouldered a much larger share of their health-care costs in 2004 and should expect to pay even more next year, says a new report that casts an even dimmer outlook for people who are still in the workforce.
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In many parts of the country, state and local governments are struggling to pay for roads, bridges and other projects because of rising construction costs.
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Employers&#39; healthcare costs are expected to increase by an average of 11.3 percent in 2005, which outpaces inflation but is lower than 12.
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Executive salaries got unprecedented scrutiny in 2006. And it's only going to get more intense next year.
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Most U.S. employers are planning to  further scale back health benefits offered to retirees, as  companies struggle with the upward march in the cost of medical  care and weigh increased contributions from government&#039;s  Medicare program, a survey found.
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The fiscal condition of the states improved this year, but soaring health costs have made it difficult for them to recover from the worst fiscal crisis in six decades, the National Governors Association said Thursday.
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Money is running out for some local governments who use pension funds to help pay for retired workersâ health care.
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GREENVILLE -- Medical lawsuits are one of the driving forces behind skyrocketing health care costs. That&#39;s according to Secretary Tommy Thompson, of the US Department of Health and Human Services.