Monday, April 19, 2010

California's higher hospital costs add to health insurance hikes - Medical News - sacbee.com

California's higher hospital costs add to health insurance hikes - Medical News - sacbee.com: "This report is part of an ongoing series examining the factors driving up the cost of health care.

Behind every public uproar are some hidden facts. Here's one about rising health insurance rates in California: Sharp jumps in hospital costs are a big part of the story.

A Bee analysis of financial data from 300 hospitals statewide shows they collected $25 billion from insurance companies between September 2008 and October 2009 – an increase of more than a third since 2005.

Hospitals are charging insurance companies, and by extension their customers, billions of dollars for expenses not directly related to care. These include new hospital wings, new technology and services for the uninsured."

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