Word: profits
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...pretty good deal to cut a hospital bill from $135,000 to $40,000? Maybe in any other field, but not in health care. What the Westers found out is that they had just lost the second lottery. Hospitals everywhere--public, nonprofit institutions as well as private, profit-making ones--routinely charge the uninsured, the people who have no clout, the most. How much more? On average, five times as much, according to K.B. Forbes, a patient-rights advocate who has spent the last three years analyzing and securing reductions in the hospital bills of uninsured working people from California...
...Clipped Wings Paying the price for two years of rapid capacity growth, low-cost airline Ryanair announced profits for the current fiscal year would plummet by as much as 10% - the Irish carrier's first profit warning since going public...
Satellite TV company Star Group, the Asian arm of News Corp., turned its first profit last year, thanks largely to revenue from selling ads and content in India. Guthrie, 38, who took Star Group's helm in November after heading regional distribution and business development, aims to continue that momentum. In China, she's seeking to expand channel distribution and break even by 2005. Guthrie will also guide the launch of a pay-TV service in India later this year...
...TIME reports this week, Americans pay far more for their medicines than citizens of other industrialized countries. With Congress recently passing a bill revising prescription drug coverage for seniors and the election approaching, the issue remains hot. Some lay the blame on the drug companies: their profit margins are nearly twice as high as other U.S. industries, and they employ hundreds of lobbyists in Washington. But it was Congress who gave up the authority to negotiate drug prices on Medicare's behalf, and drug companies say price controls will only hurt their ever-expanding drug research programs. What...
...going to start airing public service announcements telling people to quit watching TV and get some much-needed exercise. Nor would it go on a crusade against cheeseburgers and soda when many of its corporate sponsors are in the fast food industry. There are a number of companies that profit from the unhealthy habits of Americans and thus further perpetuate them...