Medical Credit Card Issuer Ordered to Make Refunds

A dentist tells an older patient during an exam that she needs expensive treatment. She can’t pay the fee outright, so the dentist immediately arranges financing through a medical credit card plan. A month later, the patient opens her first bill and discovers that the card is not interest-free, as she’d thought. In fact, it carried an annual interest rate as high as 27 percent if she didn’t pay it off within a certain period. Richard Cordray, director of the Consumer …

Obama: Health Law ‘Working the Way It’s Supposed to’

From Kaiser Health News In California Friday, President Barack Obama praised the health law benefits already in place and talked about the state’s health insurance marketplace. He also placed a special emphasis on touting the law to the state’s Latino population. Here’s a transcript of his remarks: OBAMA: These leaders from California’s government, the California Endowment, and major Spanish-language media outlets have joined together to help implement the Affordable Care Act here in California and to educate folks about how to …

Three Ideas That Thwart Solutions to the Medical Care Crisis

The medical delivery system is under pressure to provide quality health care despite these dire trends: ·         Reduced access because of the closing of community hospitals and low-cost clinics, ·         Staggering increases in the cost of drugs, medical treatment and insurance, ·         An increasing reluctance of HMO’s to refer patients to specialists, and ·         A dramatic increase in the number of uninsured, now estimated at 50 million and growing. I could also mention the loss of physicians who are retiring …