While Anthem Blue Cross has been taking the heat for proposing rate increases of up to 39 percent on individual consumers, other health insurers have stunned some small businesses with hikes that in some cases exceed 75 percent. Tom Simmons, president of an Oakland design and consulting firm with four employees, said he had just read about the Anthem increases when he opened a letter from his insurer, Blue Shield of California, informing him his monthly family premium would go up to $1,596 a month from $908, a nearly 76 percent increase. ‘This industry is getting out of control. It makes me fearful of future years and what could become of things if something doesn’t change,’ said Simmons, whose business health insurance policy also covers his family of three. He ultimately was able to reduce the increase to about 16 percent, but only after switching to a plan with a higher deductible and other higher out-of-pocket expenses. California health premium increases have taken center stage on both state and national levels since earlier this month, when Anthem Blue Cross informed many of its 800,000 customers who buy policies independently that their rates would go up by […]
Bloom Energy today formally unveiled its energy server, an industrial solid oxide fuel cell that can convert natural gas or other hydrocarbons into electricity pretty much on demand. And in the process, the company has ignited a debate over which of the alternatives to coal, nuclear and centralized natural gas plants might be best. Can we answer it today? No — one of the pivotal factors will be how Bloom’s servers (formerly known as Bloom Boxes) perform over time. Board member Colin Powell said at the unveiling that the company doesn’t have twenty years of user data. But we can speculate and compare. And here are some of the key things to keep an eye on. Versatility and Up-Front Cost: A 100-kilowatt Bloom server array costs around $700,000 to $800,000, or $7,500 a kilowatt, after incentives that cover around 50 percent of the costs. The company hopes to have home versions that generate a few kilowatts and cost about $3,000 in ten years, but they don’t exist now. Bloom, however, doesn’t scale down yet. It sells its 25 kilowatt boxes four units at a time. Home and small businesses need not apply just yet. Solar […]
Nearly 50,000 US medical patients die every year of blood poisoning or pneumonia they picked up in hospital, a study published Monday shows. Hospital-acquired sepsis and pneumonia in 2006 claimed 48,000 lives, led to 2.3 million extra patient-days in hospital and cost 8.1 billion dollars, according to the study, led by researchers from the Center for Disease Dynamics, Economics and Policy at Wahsington-based Resources for the Future. Together, the two hospital-acquired infections – also called nosocomial infections – account for about one-third of the 1.7 million infections US patients pick up every year while in hospital, the study published in the Archives of Internal Medicine shows. They are also responsible for nearly half of the 99,000 deaths a year from hospital-acquired infections reported by the Centers for Disease Control and Prevention (CDC). The study found that patients who underwent invasive surgery during their initial hospitalization were more likely to pick up a secondary infection while in hospital, and elective surgery patients were at even higher risk of nosocomial infection. Using the largest database of hospital records in the United States, which covered hospital discharges in 40 states, the researchers estimated that 290,000 patients in US […]
Hundreds of people taking Avandia, a controversial diabetes medicine, needlessly suffer heart attacks and heart failure each month, according to confidential government reports that recommend the drug be removed from the market. The reports, obtained by The New York Times, say that if every diabetic now taking Avandia were instead given a similar pill named Actos, about 500 heart attacks and 300 cases of heart failure would be averted every month because Avandia can hurt the heart. Avandia, intended to treat Type 2 diabetes, is known as rosiglitazone and was linked to 304 deaths during the third quarter of 2009. ‘Rosiglitazone should be removed from the market, one report, by Dr. David Graham and Dr. Kate Gelperin of the Food and Drug Administration, concludes. Both authors recommended that Avandia be withdrawn. The internal F.D.A. reports are part of a fierce debate within the agency over what to do about Avandia, manufactured by GlaxoSmithKline. Some agency officials want the drug withdrawn because they believe there is a safer alternative; others insist that studies of the drug provide contradictory information and that Avandia should continue to be an option for doctors and patients. GlaxoSmithKline said that it had studied […]
The Vermont Senate blocked efforts by Entergy Corp. to win a 20-year license renewal for its Vermont Yankee nuclear power plant, an action that could encourage opponents of nuclear energy in other states. The Senate vote, which was 26 to four, marks the first time a license renewal has been thwarted, and it sets the stage for the plant’s closure by 2012, when the license expires. Associated Press Curt L. Hebert Jr., executive vice president of Entergy Corp. at a news conference at the Statehouse in Montpelier, Vt. on Tuesday. The state’s senate voted against the company’s license renewal. The vote was striking because the state relies on the plant for a third of its electricity. In the past, license renewals have been routine, allowing energy companies to squeeze more life out of aging plants. To date, the NRC has renewed 59 reactor licenses, and 19 are pending. The vote, which reflected fears about safety after leaks of radioactive tritium were discovered at the plant last year, is a blow to Entergy, which had planned to spin off six reactors, including Vermont Yankee, into the nation’s first stand-alone nuclear power company, to be called Enexus Energy […]