How Non-Profit Hospitals Are Driving Up The Cost Of Health Care
Recent reports and studies suggest that the outsized political power of hospitals is a big reason why American health care is so expensive.
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Last year, when New York Governor Andrew Cuomo was battling to win the Democratic primary, his campaign solicited a donation from the Greater New York Hospital Association, according to a recent report from The New. The hospital lobbying group gave over $1 million to the New York State Democratic Party. And not long after, according to the "the state quietly authorized an across-the-board increase in Medicaid reimbursement rates." The increase is expected to cost taxpayers around $140 million a year.
