Employees Who Smoke Face Health Care Surcharge

Paul Gores:

That’s why she is troubled by a rule that will go into effect at her company next January. Trapp-Dietz and other smokers who work at Northwestern Mutual – regardless of whether they light up at home or outside the building at work – will pay an extra $25 a month for health insurance coverage.

Trapp-Dietz said considers the fee an invasion of her private life.

“I know I have to quit, and I really want to. But I don’t like being told to by my employer,” she said.

These type of disincentives are already in play if one purchases other benefit type products such as life insurance.

Health Exchange

Victoria Colliver:

One of the main stumbling blocks in the American health care system, many experts say, is the inefficient use of computer technology to manage medical records.

Now, in Santa Barbara County, a network of hospitals, laboratories, pharmacies and doctors is pioneering new technology that will allow medical professionals with different computer systems to share clinical information. The initiative may well be a first step toward the creation of a national patient-care data bank.

Buy your health insurance at Costco?

Victoria Colliver:

Retailers and health care may seem like an unusual pairing, but an increasing number of stores — especially big-box discounters — have been getting into the business of offering health coverage or care. With health care costs on the rise, these retailers want to offer their customers a value on a needed service and increase their profile as a store that offers everything under one roof.

“It makes sense to offer health care in places where people already have to go — whether to buy food or other household goods,” said Linda Sherry, spokeswoman for Consumers Union, a watchdog group.

BU: 50% of medical expenses are wasted….

Victoria Colliver:

About 50 percent of health care spending is eaten up by waste, excessive prices and fraud, according to a report set for release today by Boston University researchers.

Major sources of unnecessary spending include administrative costs and profit in the insurance industry, high prices of prescription drugs and health services and, to a smaller extent, theft and fraud, according to the study.