Posts Tagged ‘cost’
Posted by Warm Southern Breeze on Sunday, November 27, 2022
Apple charges between US$799 for a basic iPhone 14, to US$1599 for a top-of-the-line iPhone 14 Pro Max model.
That’s how much you’ll pay without carrier subsidies, which are typically tied to a service contract, but…
How much does Apple pay for it?
How much does it cost them to make it?
Japanese business newspaper Nihon Keizai Shimbun, and Fomalhaut Techno Solutions, a Tokyo-based mobile communications equipment analysis firm, collaborated to investigate and issued a report of their findings which were based upon disassembly of three models of the iPhone 14 series, and an estimated cost analysis of the hardware components.
Nihon Keizai Shimbun (Nihon sometimes also spelled Nippon), translated as “Japanese Economic Newspaper,” is Japan’s most widely respected daily business-oriented newspaper, with a total morning and evening circulation of 3.7 million.

iPhone 14 Pro Max
The report found that the total parts cost of Apple’s iPhone 14 Pro Max, their top-of-the-line model, costs about 20% more than last year’s iPhone 13. The iPhone 14 Pro series has few new features, and is powered by Apple’s A16 processor, which continues the company’s strategy of producing ultra-high performance products, yet prices in the US and elsewhere remain the same, thus ostensibly constricting, or compressing, profitability.
Since its 2018 introduction, iPhone’s flagship “Max” model has cost an extra US$400 to US$450.
Based upon their analysis, Fomalhaut estimated that the total parts price for the iPhone 14 Pro Max is approximately US$501, which is slightly US$60 more than last year’s iPhone 13 Pro Max model.
The cost increase in the iPhone 14 Pro series is primarily because of Apple’s “A16 Bionic” chip, which uses a state-of-the-art 4nm (nanometer) production process, currently only available from Taiwan Semiconductor Manufacturing Company Limited (TSMC), and Samsung Electronics.
Moves Protect Intellectual Property
Headquartered in Taiwan, TSMC is the world’s largest contract chip maker, a major Apple supplier, and is constructing a US$12 billion plant in Arizona near Phoenix. Governor Doug Ducey had initially visited Taiwan in 2017, and again in August 2020 for a 3-day trip, at which time TSMC announced their intention to build a $12B chip foundry in Arizona that year, and shortly thereafter began seeking subsidies. At the time of the announcement, TSMC speculated that construction would begin in 2024.
However, in August 2022, Governor Ducey made a brief construction progress report about TSMC’s Arizona facility, and recollecting his previously visits, stated in part that, “Just over two years later TSMC has completed construction for its main facility and continues to make excellent progress. Along with TSMC’s historic investment, roughly two dozen Taiwanese-based suppliers are finding Arizona is right for investment.”
TSMC broke ground on the project March 2021 and had a ceremonial “topping” celebration, a construction industry term meaning installation of the last beam, with 4000 attendees in July 2022. The property literally went from 1100 acres of tumbleweeds to factory shells in under six months. 
But not only is the construction of TSMC’s Arizona facility a win-win for the United States, it also represents a prospective national security matter, because there have been rumblings that the Communist Chinese government could seize the Taiwanese facility. 
Speaking in May 2022 at the Chongyang Institute for Financial Studies at Renmin University of China in Beijing, Chen Wenling, Chief Economist at the Communist Chinese government-run China Center for International Economic Exchanges told attendees that, “If the US and the West impose destructive sanctions on China like sanctions against Russia, we must recover Taiwan.”
Her remarks were alarming, and appeared to encourage Chinese military assault, and she warned the attendees that Read the rest of this entry »
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Posted in - Business... None of yours, - Did they REALLY say that?, - Even MORE Uncategorized!, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: Apple, Arizona, China, computer chips, cost, iphone, iPhone 14, Joe Biden, manufacturing, POTUS, POTUS Biden, Taiwan, Technology, Tim Apple, Tim Cook, Xi Jinping | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, April 21, 2021
Direct economic losses attributable to child abuse and neglect cost the State of Alabama $3.7 billion in 2018, according to a study conducted by The University of Alabama College of Human Environmental Sciences and The University of Alabama Center for Business and Economic Research.
Researchers found that “the tangible cost of child maltreatment (or child abuse and neglect) to the Alabama economy in 2018 is conservatively estimated to be $3.7 billion.”
The report entitled “The Cost of Child Maltreatment to the Alabama Economy” found that figure is the direct cost which the state bears if only the child victims are considered, and does not include associated costs to families (including extended ones) and communities that are known to occur.
The research which was conducted in collaboration with the Alabama Department of Child Abuse and Neglect Prevention and The Children’s Trust Fund, found that cost of lost worker productivity of victims was the single greatest financial cost – $2,629,685,802, while costs to the state child welfare system exceed $281,886,848, and Adult Criminality costs were conservatively found to be $109,469,664.
Child maltreatment causes preventable infant mortality and low birthweight, chronic health and mental health problems, developmental and educational delays, lower work productivity, and higher involvement with the criminal justice system.
The cost to the state is Read the rest of this entry »
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Posted in - Business... None of yours, - Do you feel like we do, Dr. Who?, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News, WTF | Tagged: abuse, Alabama, budget, child abuse, childen, cost, education, fiscal, health, maltreatment, mental health, money, neglect, research, taxes, toll, University of Alabama | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, March 11, 2020
Read the original report here:
https://carbontracker.org/reports/handbrake-turn/
Nearly $640 billion coal investments undercut by cheap renewables: research
by Nina Chestney
LONDON (Reuters) – Nearly $640 billion of investment in coal power capacity worldwide is at risk because it is cheaper to generate electricity from new renewables, research by think tank Carbon Tracker Initiative showed on Thursday.
FILE PHOTO: Smoke billows out of the towers of the coal-powered Kosovo Power Plant A in Obilic, near Pristina December 5, 2013. REUTERS/Hazir Reka/File Photo
Institutional investors are increasingly withdrawing from fossil fuel companies due to the risk their assets will become stranded as tougher emissions-cuts targets discourage their use and renewable energy becomes even cheaper.
The report examined the economics of 95% of coal plants which are operating, under construction or planned worldwide.
Globally, 499 gigawatts (GW) of new coal power capacity is planned or under construction with an investment cost of $638 billion.
More than 60% of global coal plants are currently generating electricity at a higher cost than could be produced by building new renewables.
By 2030 at the latest, it will be cheaper to build new wind or solar capacity than continue operating coal in all markets, the report said.
The capital recovery period for new investments in coal capacity is usually 15 to 20 years, making these investments risky.
“Renewables are out-competing coal Read the rest of this entry »
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Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: Coal, cost, electricity, Energy, Green, money, news, power, Renewable, solar, wind | Leave a Comment »
Posted by Warm Southern Breeze on Monday, October 31, 2016
Some have accurately, and justifiably observed that the Affordable Care Act, also colloquially known as “ObamaCare,” is a big fat, sloppy wet kiss to the Big Insurance industry and their for-profit, Wall $treet corporate masters, because their profits have continued to soar since it’s inception. Note that UnitedHealth Group reported a profit of $11 billion (on revenues of more than $157 billion) in 2015, up from $10.3 billion (on revenues of $131 billion) in 2014. Consider also how Anthem’s business changed in just one recent year. At the end of 2014, the majority of Anthem’s revenues still came from its Commercial Health Insurance customers. During 2015, however, revenues from their commercial operations actually declined 4.2%, to $37.6 billion, while revenues from their government operations skyrocketed 21%, to $40.1 billion. A significant reason why, is because of the big investments Insurance Companies continue to make in House and Senate campaigns. As a result, the Insurance Industry’s tentacles will likely only get deeper into both the Medicare and Medicaid programs.

Medical equipment is pictured on the wall of an examination room inside a Kaiser Permanente health clinic located inside a Target retail department store in San Diego, California November 17, 2014. Four clinics are scheduled to open to provide pediatric and adolescent care, well-woman care, family planning, and management of chronic conditions like diabetes and high blood pressure for Kaiser members and non-members. REUTERS/Mike Blake (UNITED STATES – Tags: HEALTH BUSINESS SOCIETY) Fair Use
by Christy Ford Chapin
It’s that time of year again. Insurance companies that participate in the Affordable Care Act’s state health exchanges are signaling that prices will rise dramatically this fall.
And if insurance costs aren’t enough of a crisis, researchers are highlighting deficiencies in health care quality, such as unnecessary tests and procedures that cause patient harm, medical errors bred by disjointed or fragmented care and disparities in service distribution.
While critics emphasize the ACA’s shortcomings, cost and quality issues have long plagued the U.S. health care system. As my research demonstrates, we have these problems because insurance companies are at the center of the system, where they both finance and manage medical care.
If this system is so flawed, how did we get stuck with it in the first place?
Answer: Organized physicians.
As I explain in my book, “Ensuring America’s Health: The Public Creation of the Corporate Health Care System,” from the 1930s through the 1960s, the American Medical Association, the foremost professional organization for physicians, played a leading role in implementing the insurance company model.
What existed before health insurance companies?
Between the 1900s and the 1940s, patients flocked to what were called “prepaid physician groups,” or “prepaid doctor groups.”
Prepaid groups offered inexpensive health care because Read the rest of this entry »
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Posted in - Business... None of yours, - Do you feel like we do, Dr. Who?, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: ACA, Affordable Care Act, Agency for Healthcare Research and Quality, business, campaign, Campaign finance, Congress, cost, exchanges, Harry Truman, health, Health Business Society, healthcare, House, insurance, law, LBJ, Lyndon B. Johnson, Medicaid, medical care, Medicare, medicine, money, Obamacare, Patient Protection and Affordable Care Act, PPACA, senate, single payer, Truman, universal healthcare | Leave a Comment »
Posted by Warm Southern Breeze on Saturday, February 27, 2016
Recently, on February 23, 2016, AL.com published an OpEd entitled “Would legalizing cannabis solve Alabama’s budget problems?” written by Reggie C. Pulliam, whom was identified as “a resident of Gulf Shores who has worked on public policy and criminal justice reform in Washington, D.C.”
I found his Op-Ed unconvincing because it’s poorly written.
The Colorado Department of Revenue reported that for December 2015 (State of Colorado Marijuana Taxes, Licenses, and Fees Transfers and Distribution December 2015 Sales Reported in January 2016), Total All Marijuana Taxes, Licenses, and Fees was $13,247,434.
The year-to-date increase was $4,689,293.
Based upon the December figure, on an annualized basis, that’s $158,969,208… which is not exactly chump change.
(See “Alabama Senate Approves Shifting $100 Million Away From Schools” published September 15, 2015.)
Linked here is the Colorado Department of Revenue’s Colorado Marijuana Tax Data.
Figuring into the state cost : benefit analysis & calculations also is a decrease in costs associated with Read the rest of this entry »
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Posted by Warm Southern Breeze on Tuesday, October 20, 2015
As a general rule, I don’t shop at Publix because the prices are higher.
Until now, that’d been only a casual observation.
I had never formally price checked… until now.
Recently, I decided to purchase some groceries at Publix only because the store was conveniently along my route.
My preference continues to be for Kroger.
The 11 items purchased at Publix were: Read the rest of this entry »
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Posted in - Even MORE Uncategorized!, - Round, round, get around, I get around. | Tagged: comparison, cooking, cost, cost comparison, eating, food, groceries, grocery, grocery shopping, grocery store, home, kitchen, Kroger, money, price, price comparison, Publix, savings, shopping, store | 1 Comment »
Posted by Warm Southern Breeze on Thursday, April 30, 2015
UPDATE: Sunday, 14 June 2015 – Found following main body
—
Today (Thursday, 30 April 2015) the Alabama State Senate knocked off at 11:30, and reconvened 1PM. It’s also the final day of the Legislative Session for the week – they only work three days each week – Tuesday, Wednesday, and Thursday.
An hour and a half – that’s a nice, long lunch break for a wealthy man, a powerful man – not a working man. It’s pretty cushy for someone who works three days a week, only 30 days a year. Reckon how your boss would respond if you asked for a three-day work week and a 30-day work year?
How long do you get for lunch?
Most folks get 30 minutes.
The Alabama Senate gets THREE times longer than most working folks.
But then, excesses in Alabama state politics is nothing new.
Recall that – by law – the Alabama Legislature is limited to work <30 days/year (in a 105 day period) & for that privilege, citizens & taxpayers fork over $50K+/yr in pay & compensation to them – 35 in the Senate, and 105 in the House.
TOTAL=140 men (mostly) & women.
In stark contrast, New Mexico’s State Legislators are a Volunteer Legislature (they’re elected, yes, but unpaid), and during Session, by State Law receive a Daily Federal Per Diem, and Two-Way Mileage once during a session EXCLUSIVELY.
Legislative pay in Alabama has been a hot-button issue, particularly in recent years – and, it’s unnecessarily complicated. By State Constitutional Law, their “official” pay is Read the rest of this entry »
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Posted in - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: abuse, abusive, AL, Alabama, budget, compensation, cost, Democrats, excess, excessive, expenses, fraud, GOP, greed, lavish, law, lazy, legislators, legislature, Mike Hubbard, money, news, odd, pay, peculiar, poverty, Republicans, Revenue, rich, slobs, slovenly, state, strange, taxes, taxpayer, unusual, waste, weird, work | 1 Comment »
Posted by Warm Southern Breeze on Wednesday, April 22, 2015

Alabama State Senator Paul Bussman, DMD, is sponsoring SB234 in the 2015 Legislative Session, which would increase members of the Alabama Board of Nursing from 13, to 15.
Alabama State Senator Paul Bussman, DMD, a Republican from Cullman, is sponsoring SB234 which, among other things, would increase size of the Alabama Board of Nursing (ABN) from 13, to 15 members.
NOTE: Recent news suggests that the Substitute Bill would leave the ABN Board size unchanged at 13.
The ABN oversees 90,660 licensees, including Advanced Practice Nurses such as CRNAs (Certified Registered Nurse Anesthetists) and Family Nurse Practitioners (FNPs), Registered Nurses (RNs), Licensed Practical Nurses (LPNs, sometimes also called Licensed Vocational Nurses, LVNs), and Nurse Aides/Assistants.
In stark comparison, the Board of Registered Nursing in the State of California manages 390,000 Registered Nurses exclusively.
California is also a “Walk-Through” state, which means that Read the rest of this entry »
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Posted in - Do you feel like we do, Dr. Who?, - Lost In Space: TOTALLY Discombobulated, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: abuse, AL, Alabama, ALpolitics, APN, Beason-Hammon Alabama Taxpayer and Citizen Protection Act, bill, budget, cost, CRNA, Cullman, finance, HB56, health, healthcare, inefficiency, law, managment, money, Montgomery, nurses, Nursing, Paul Bussman, politics, RN, SB234, senate, Senator, State Senator, Taxation, taxes, waste | Leave a Comment »
Posted by Warm Southern Breeze on Monday, March 17, 2014
Recently, I received an email message from a friend, one who is highly intelligent, and who has a phenomenal diversity of life experiences. The item had a video to a Faux News video segment, which is included in this post, at the conclusion.
My response to the half-truthed item follows.
Here’s hoping you and others find it informative, and helpful.
—
While I have neither been the type to proclaim THE SKY IS FALLING! THE SKY IS FALLING! nor believe there is conspiracy against me, nor the paranoid type that imagines “the government” is out to get me (and therefore neither view nor read Fox News), I do think there is some credence to the item. (Of course, a “Snopes check” shows a mix of half-truths. But, if it ain’t all true, it ain’t true – kinda’ like the gas, you know.) More details on that follow.
In a story published published Saturday, February 1st, 2014, the Chattanooga Times-Free Press wrote how some motorists in that area are preferring 100% pure gasoline over the 10% Ethanol blend. (I happened to read that story at the time it was published.)
http://www.timesfreepress.com/news/2014/feb/01/some-motorists-want-their-gasoline-corn-free/
While residing there, I also noticed the same, and noticed that the price for 100% pure gasoline is higher than for the 10% ethanol blend. One day, while pumping the 100% gasoline at a Chattanooga gas station, I happened to speak with a gent at the adjacent pump about the difference. He shared an observation with me which I thought quite interesting, and one which certainly seemed reasonable.
He said that in an “accidental” experiment, he purchased some 10% ethanol blended gasoline for use in his lawn mower. He then poured some of the 10% ethanol blended gas into a glass jar, and let it set out at least overnight (or a bit longer). He observed that it had become cloudy from the accumulation of humidity.
While I’ve never tried such an experiment, I do note that many years ago, on occasion, I would run my little carbureted Toyota’s gas tank empty, and would then fill it up with 1 gallon each of Methanol, 100LL, Toluene, Xylene and Methyl Ethyl Ketone. I did so for at least two reasons: 1.) to get any water in the fuel tank & system out, and; 2.) to “clean out” any deposits that may have formed in the fuel system.
Of course, Gasoline and Water are different for several reasons, not the least of which is that Read the rest of this entry »
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Posted by Warm Southern Breeze on Wednesday, May 29, 2013
If you like bacon, ham, pork sausage, barbecue, ribs, or any other pork product – including cold cuts & pizza – get ready to pay at least 2 – 4 times more, and for shortages.
Why?
Wall Street minions – who manage Smithfield, an American company no more – have no patriotic qualms about taking food off your table and out of your mouth to feed the mouths of the people who steal our nation’s military secrets, defraud our motion picture & music copyrights, and have an historical track record of Shanghai-ing anyone & everyone who gets in their way.
You think I’m kidding, or that I don’t know what I’m writing about?
Just recollect back a few months – oh, say about 7 – to Thanksgiving in November 2012 when pecans were 2x – 3x the price they were usually.
And why was that?
After all, pecan farmers had a record bumper crop… and that typically translates into lower prices for consumers.
It’s because the Chinese suddenly discovered they liked pecans, and were willing to pay premium prices (translate: much MORE then you’re willing to pay), and so the growers shipped pecans over to China.
As I continue to contend, IT’S ALL ABOUT THE MONEY.
Okay… so it may cost more. So what?
How about this?
Were you aware that the Chinese company that bought Smithfield sold pigs that had been fed a substance banned in the USA & England & other nations?
Yup.
Shuanghui Group, China’s largest meat processor, sold pigs fed Clenbuterol in 2011. Here are three links about the ordeal.
And, would it surprise you to find out that Goldman Sachs is one of the top investors?
1.) “According to Chinese government data, 18 outbreaks of food-related clenbuterol poisoning occurred between 1998 and 2007. The most recent report indicates one person died and more than 1,700 others fell ill.”
2.) “Meanwhile, at Jiyuan Shuanghui’s processing facilities, of the 689 pigs awaiting slaughter, 19 tested positive for clenbuterol. Shuanghui, which counts Goldman Sachs among its investors, has shut down the Jiyuan branch affected by the contamination so it can conduct its own inspection.”
3.) “And in recent months the additive has earned notoriety in China after a string of people got sick from eating pork products full of it. Hundreds took ill in one incident in March, and this week, 286 people in Hunan province after eating pork contaminated with ractopamine, a chemical very similar to clenbuterol. Chinese livestock farmers began using clenbuterol in pig feed in the late 1980s to boost growth and get animals to market faster, but it was banned in 2002 as the health risks of eating the meat became better understood. Clenbuterol-tainted meat dizziness, headaches, hand tremors, and other unpleasantness. It’s especially risky for people with heart troubles.”
—
Shuanghui Agrees to Acquire Smithfield Foods for $4.72B
By Shruti Date Singh and Jeffrey McCracken – May 29, 2013
Shuanghui International Holdings Ltd., China’s biggest pork producer, agreed to acquire Smithfield Foods Inc. (SFD) for about $4.72 billion to boost supplies for the nation that’s the biggest consumer of the meat.
Closely held Shuanghui, parent of Henan Shuanghui Investment & Development Co. (000895), will pay $34 a share for the Smithfield, Virginia-based producer, both companies said today in a statement. The offer is 31 percent more than yesterday’s closing share price.
China’s consumption of pork is rising with the expansion of its middle class while there are questions being asked about the safety of the country’s food supply. Smithfield’s livestock unit is the world’s largest hog producer, bringing about 15.8 million of the animals to market a year, according to the company’s website. It owns 460 farms and has contracts with 2,100 others across 12 U.S. states.
The takeover is valued at $7.1 billion including debt, which would make it the largest Chinese takeover of a U.S. company, according to Read the rest of this entry »
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Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: Bacon, barbecue, BBQ, bellies, belly, Bloomberg, business, CBOT, Chicago, Chicago Board of Trade, China, corporate, cost, farmers, food, food poisoning, food safety, food security, Goldman Sachs, greed, ham, history, inflation, jobs, markets, money, Morgan Stanley, New York, pecans, Pizza, poison, pork, pork bellies, ribs, sausage, shank, Shuanghui, Simpson Thacher & Bartlett, Smithfield, Smithfield Foods, takeover, traitor, Troutman Sanders, Tyson Foods, United States | 6 Comments »
Posted by Warm Southern Breeze on Saturday, May 11, 2013
Thanks to a newly introduced aspect of ObamaCare, hospitals are now mandated to publicly show how much they charge for procedures.
Aren’t you glad?
I mean really… who goes to a grocery store or gas station and doesn’t know how much they’ll pay?
Part of market-based competition includes Read the rest of this entry »
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Posted by Warm Southern Breeze on Saturday, July 28, 2012
If you’re presently taking the “blood thinner” medications in this news item, it may be in the best interest of your health, and life, to reconsider and stay with warfarin/coumadin.
At least with warfarin/coumadin, we have an antidote, and it has far fewer risks associated with it.
In short, it has evidence for greater safety.
Here’s the long & short of it:
Deaths associated with Warfarin/Coumadin in 2011 = 72
Deaths associated with Praxaxa in 2011 = 542
There was NO OTHER MEDICINE with such a high rate of death associated with death.
Annual Cost of Medicine: Pradaxa & Xarelto = $3,000
Annual Cost of Medicine: Coumadin/Warfarin = $200
You do the math.
Wanna’ be a statistic?
—
Insight: Top heart doctors fret over new blood thinners
By Ransdell Pierson
NEW YORK | Thu Jun 14, 2012 1:37pm EDT
(Reuters) – For millions of heart patients, a pair of new blood thinners have been heralded as the first replacements in 60 years for warfarin, a pill whose hardships and risks have deterred many from using the stroke-prevention medicine.

A sign is seen at the entrance of an anti-coagulation clinic at the Staten Island University Hospital in Staten Island, New York May 7, 2012. For millions of heart patients, a pair of new blood thinners have been heralded as the first replacements in 60 years for warfarin, a pill whose hardships and risks have deterred many from using the stroke-prevention medicine. Picture taken May 7, 2012. REUTERS/Allison Joyce
But growing complaints of risks and deaths tied to the new crop of drugs have made some top U.S. cardiologists hesitant to prescribe them. Some are proposing a more rigorous monitoring regimen for when they are used.
Most concerns revolve around Pradaxa, a twice daily pill from Boehringer Ingelheim that was approved by the U.S. Food and Drug Administration in October 2010 to prevent strokes in patients with an irregular heartbeat called atrial fibrillation. It was the first new oral treatment for that use since warfarin was introduced in the 1950s.
“The good news is you now have an alternative to warfarin,” said Dr. Alan Jacobson, director of anti-coagulation services at the Veterans Administration (VA) healthcare system in Loma Linda, California. “The bad news is you can kill a patient as easily with the new drug as you could with the old drug” if it is not handled properly.
“The average patient doesn’t understand anything Read the rest of this entry »
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Posted by Warm Southern Breeze on Monday, May 28, 2012
Regular readers will recall the entry entitled “Q: Why do hospitals charge $75 for aspirin? A: Because they can.,” which was posted Wednesday, May 2, 2012.
In another venue, I had posted the following remark in response to the exorbitant healthcare costs, “It’s a simple concept, really. Anytime anyone gets in between you & who you’re buying from, it costs more. Insurance does that.”
And it’s true.
It’s not trite.
Let’s consider this example: You’re at the grocery store in the check-out line, about to pay for your groceries which have already been bagged and placed in your shopping cart. When the clerk announces the total, you have some strange feeling because the total is about ten times as much as you imagined.
When you double check the price of milk you find the sticker says $2.50/gallon, but your clerk rang up $25. You double check the price of frozen spinach. The sticker price says $1.37, but the clerk rang up $13.70. The chocolate was $4.50, but the clerk rang up $45.00. And the lean ground beef, instead of the posted $2.60/lb, the 5lb chub was… $130.00.
Talk about sticker shock!
You are aghast at the price, and in frustrated terms exclaim that “there is obviously some gross mistake!” – to which the clerk replies, “Let me check with your Food Insurance Agent,” picks up a phone beside the register, presses one button, and whispers into the receiver.
Suddenly, out of a door leading to an inside office, Read the rest of this entry »
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Posted by Warm Southern Breeze on Wednesday, May 2, 2012
It was once a long-standing joke that hospitals charged outrageous prices on medicines.
It’s not a joke anymore.
Once, a healthcare joke went like this:
Q: What’s the difference between a HMO, a PPO and the PLO?
A: You can negotiate with the PLO.
It’s not a joke anymore.
It should also be noted that a study conducted 26 years go by Jack D. McCue, Charles Hansen, and Peter Gal entitled “Hospital Charges for Antibiotics” found that:
“Hospital charges for intravenous antibiotics were obtained in a survey of 71 hospitals in 25 U.S. cities. Only 56.3% of the hospitals used their actual drug acquisition cost to calculate patient charges; the remainder used a base price derived from one of the wholesale price guides, which often seriously overstate the cost of antibiotics. Sixty-eight percent added a markup, averaging 134.5%, and 63.4% added a dispensing fee, averaging $5.47. A relatively high-dose, single-antibiotic regimen costs patients $50-$150 per day, independent of dose-preparation charges (average, $9.09 per dose) for a piggyback-type system or intravenous line-related charges. Antibiotics were least expensive in large hospitals and in those located in the northeastern United States. Charges for antibiotics are often inconsistently calculated, vary enormously among hospitals, and may be unfair to patients and confusing to physicians. Cost-conscious prescribing of antibiotics by physicians would be facilitated by a more consistent relationship between charges and true costs.”
That 1985 study may be found here.
The reader should also understand that in a hospital, ALL medications are administered by prescription only… even aspirin.
—
Kaiser Health News/USA Today shines a spotlight on increasing hospital costs specifically the price markup of over-the-counter and prescription drugs hospitals administer to patients. The story examines Read the rest of this entry »
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Posted in - Business... None of yours, - Did they REALLY say that?, - Read 'em and weep: The Daily News | Tagged: Antibacterial, Aspirin, Charles Hansen, Chicago State University, cost, Diane Zachor, Duluth Minnesota, health, Health maintenance organization, healthcare, HMO, hospital, margin, Medicare, Medicare Advantage, Out-of-pocket expenses, PLO, PPO, Preferred provider organization, Prescription medication, profit, profitability, return, terrorist, United States, Zachor | 1 Comment »
Posted by Warm Southern Breeze on Sunday, February 6, 2011
Personal experience from this evening’s shopping:
Brentwood, TN – Having earlier gone out for an appointment in the early evening hours, I decided to stop by the local Wal-Mart (WMT) on Nolensville Road/US Hwy 31 and purchase some grocery items on the way home. It was purely coincidental that “Super Bowl Sunday” was/is tomorrow.
One of the first stops I made at the “super Wal-Mart” (one that has a grocery store), was to the dairy case. Dairy cases are always located in the rear of every grocery store. (Why? Read the rest of this entry »
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Posted in - Did they REALLY say that?, - Lost In Space: TOTALLY Discombobulated | Tagged: business, cost, Costco, Dollar General, Family Dollar, grocery, grocery store, International Council of Shopping Centers, Kroger, Mike Duke, price customer service, quality, Sam Walton, shopping, Store brand, value, Wal Mart, WMT | 2 Comments »
Posted by Warm Southern Breeze on Monday, December 20, 2010
I am a U.S. Army veteran. Read the rest of this entry »
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Posted in - Faith, Religion, Goodness - What is the Soul of a man?, - Uncategorized | Tagged: American Civil War, Army, budget, Congress, cost, freedom, Gulf War, history, Iraq War, monetary, transcendent, Twentieth Century, U.S. Army, United States, United States armed forces, values, volunteer, warrior, World War II, wounded | 1 Comment »
Posted by Warm Southern Breeze on Friday, December 3, 2010
Mar 5th 2010, 14:15 by M.S.
YESTERDAY Barack Obama dropped in on Kathleen Sibelius‘s meeting with executives of America’s top five health insurers and read a letter from a constituent. Natoma Canfield, a self-employed house cleaner, had carcinoma 16 years ago; it has been in remission for 11 years. Last year Anthem Blue Cross, who provide her with a high-deductible ($2,500) individual plan, raised her premiums 25%, to $6,075. This year they’re raising them another 40%, to $8,500. Ms Canfield closes her letter, “Please stay focused in your reform attempts as I and many others are in desperate need of your help.”
There’s no doubt that the Obama health-care reform bill would …Continue…
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Posted in - Uncategorized | Tagged: Anthem Blue Cross, Barack Obama, Congress, cost, government, health, health insurance, healthcare, insurance, Kathleen Sebelius, law, lawmakers, money, Obamacare, policy, profit, regulation, stock, stockholders, traders, United States, Wall Street, Washington Post, Wellpoint | 1 Comment »
Posted by Warm Southern Breeze on Thursday, November 4, 2010
Periodically, friends and family come to me seeking understanding about various medical and health related issues, which often includes information about procedures and medications.
And on occasion, I continue to be asked to identify certain medications.
Particularly problematic are the numerous herbs and Over The Counter (OTC) non-prescription remedies that neither treat nor cure, yet proliferate and line the pockets of those unscrupulous enough to market and sell them to the unsuspectingly ignorant.
On one such occasion, I was asked by a friend to identify several foreign concoctions of apparent Asian origin, which I succeed in identifying, though I suspect I merely added levity to our communication. Fortunately, the request wasn’t anything of any seriously substantial nature.
It’s becoming more difficult to identify many items, though I count myself fortunate to have access to the numerous resources I do.
Here’s the text of my response. Perhaps you’ll find it enlightening. …Continue…
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Posted in - Even MORE Uncategorized!, - Lost In Space: TOTALLY Discombobulated | Tagged: balm, Big Pharma, bull, come, cost, drugs, fertilty, gents, go, healing, health, health insurance, herbs, humor, import, insurance, ladies, levity, light hearted, Mad Dog, marketing, MD 20/20, medication, medicine, money, monkey, monkey business, nuts, peach, pharma, pharmacy, rock and roll, sex, testicles, veterinary, viagra, voyeur, WD40 | Leave a Comment »
Posted by Warm Southern Breeze on Monday, February 8, 2010
And are you aware, that pound-for-pound, Viagra is MORE expensive than a fully loaded Mercedes-Benz S550 4Matic?
A fully-dressed, 2005 Mercedes-Benz S550 4Matic (their top-of-the-line/flagship luxury sedan) weighs …Continue…
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Posted in - Even MORE Uncategorized!, - Lost In Space: TOTALLY Discombobulated | Tagged: 4Matic, automobile, Benz, come, cost, ED, erectile dysfunction, expense, expensive, go, luxury, medication, medicine, Mercedes, Mercedes-Benz, pharmaceutical, pharmacy, price, S500, S550, sedan, viagra | Leave a Comment »
Posted by Warm Southern Breeze on Friday, February 5, 2010
In today’s “Blondie” comic strip, the strip’s protagonist’s husband – Dagwood Bumstead – is seated at …Continue…
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Posted in - Uncategorized | Tagged: ASCAP, Blondie, business, comic stip, commentary, community, composer, consumper, cook, cost, Dagwood, daily, diner, economics, entertainer, Gil Scott Heron, gotta' have it, greed, increase, industry, inflation, more, more more more, musician, newspaper, producer, product, social, truth | Leave a Comment »
Posted by Warm Southern Breeze on Thursday, December 17, 2009
$9,100,000,000,000
Nine TRILLION, one hundred BILLION…
Remember another number.
Two.
During the reign of King George W. Bush, just TWO of his failed policies have cost Americans $9,100,000,000,000.
What two failed policies are those?
The Bu$h tax cuts, and the creation of a Rx (prescription drug “benefit” written wholly by Big Pharmaceutical industry cronies.
The U.S. Census Bureau’s most current estimation of the population of the United States places 308,171,505 people in the United States as of December 17, 2009.
Put another way, that’s a cost of $29, 529 per person.
As a result of deregulation of the financial industries – banks, insurance and stock brokerages – thus creating one giant incestuous financial orgy, Americans have directly suffered under the thumbs of bankers and insurance companies, while their Wall Street cohorts, in conjunction with imaginative thieves, have twiddled and fiddled to create “investment derivatives” – essentially a Ponzi schemed fiscal fraud – out of thin air. That house of cards having collapsed, has revealed what was suspected all along. Outside the transparent dressing room of his glass house, the king had no clothes.
Driven by greed and an insatiable lust for more, …Continue…
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Posted in - Lost In Space: TOTALLY Discombobulated | Tagged: avarice, banking, banks, Bush, collapse, Congress, cost, crime, criminal, deficit, depression, deregulation, derivatives, economic, economy, fiscal, fraud, George W. Bush, Great Depression, Great Recession, greed, GW Bush, incest, incorrigible, industry, insatiable, insurance, loss, lust, Office of Management and Budget, OMB, orgy, Ponzi, population, president, recession, regulation, Rx, scheme, screwed, W, Wall Street, White House | 1 Comment »
The cost of everything is going up.
Posted by Warm Southern Breeze on Friday, February 5, 2010
In today’s “Blondie” comic strip, the strip’s protagonist’s husband – Dagwood Bumstead – is seated at …Continue…
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Posted in - Uncategorized | Tagged: ASCAP, Blondie, business, comic stip, commentary, community, composer, consumper, cook, cost, Dagwood, daily, diner, economics, entertainer, Gil Scott Heron, gotta' have it, greed, increase, industry, inflation, more, more more more, musician, newspaper, producer, product, social, truth | Leave a Comment »