News Headlines Article

Addressing the soaring cost of medical care
Capitol Weekly

Insured Californians usually see the bill for their monthly healthcare premium or the amount deducted from their paycheck to pay for medical insurance. However, they rarely see the $6,500 bill for just the cost of the hospital room where they stayed, or the $2,500 for the colonoscopy or even the $150 a month for their allergy medication. Yet, these are the numbers that really matter in determining the price for medical insurance premiums because the costs of health care – the hospital, doctors, prescription drugs and other medical bills – make up, on average, 87 percent of the premium price. And those costs are rising faster than inflation.