American Morning
Prescription for Waste: Should states regulate hospital rates?
Editor's Note: Tomorrow on American Morning, we'll show you a medical clinic where a bold experiment is panning out. Doctors are happier and patients and bottom lines are healthier. Our Elizabeth Cohen profiles what could be the proto-type for health care of the future.
(CNN) – Would you shop in a store where they charge three times more than their cost for everything they sell? Not likely. But that's what thousands of Americans are doing every day when they check into a hospital.
Hospitals in this country, on average, charge 180% above cost for every procedure performed. Except in Maryland, where state regulation means patients pay a lot less, and often get more. Our senior medical correspondent Elizabeth Cohen reports for part three of our original series, "Prescription for Waste."
Sound off: Share your health care horror stories with us. Post your comments below.
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Parents sue over Russian adoption
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[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/04/28/smlvid_four_swearing_gi.jpg caption="Top Goldman Sachs representatives attempted to deflect criticism Tuesday from lawmakers about the firm's role in the financial crisis."]
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(CNNMoney) -Top Goldman Sachs representatives - including CEO Lloyd Blankfein - attempted to deflect criticism Tuesday as they faced a blistering cross-examination from lawmakers about the firm's role in the financial crisis.
For more than ten hours, members of a Senate panel skewered current and former executives at Wall Street's top firm with pointed questions and criticisms in an effort to understand how Goldman had positioned itself just as the nation's housing market started to come unraveled in 2007.
"[Goldman Sachs'] conduct brings into question the whole function of Wall Street," said Sen. Carl Levin, D-Mich., who chairs the Permanent Subcommittee on Investigations, the same committee hosting Tuesday's eagerly anticipated hearing. Read more
Should states regulate hospital rates?
Would you shop in a store where they charge three times more than their cost for everything they sell? Not likely. But that's what thousands of Americans are doing every day when they check into a hospital. Hospitals in this country, on average, charge 180% above cost for every procedure performed. Except in Maryland, where state regulation means patients pay a lot less, and often get more. Our senior medical correspondent Elizabeth Cohen reports for part three of our original series, "Prescription for Waste."
Sound off: We want to hear from you this morning. Add your comments to the LIVE blog below and we'll read some of them on the show.
Will Israel act against Iran's growing threat?
(CNN) – As President Obama makes a new push for peace in the Middle East, concern is growing about the threat Iran poses in the region and what Israel is prepared to do to about.
Iran is expected to be a major topic when Israeli Defense Minister Ehud Barak and Defense Secretary Robert Gates meet today at the Pentagon. Michael Oren, Israel's ambassador to the United States, joined us on Tuesday's American Morning about Iran's growing threat and Israel's reaction to it.
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