Advertisement
YOU ARE HERE: LAT HomeCollectionsCosts
IN THE NEWS

Costs

BUSINESS
June 19, 2013 | By Adolfo Flores
A study found that if patients and doctors used medicines responsibly, the U.S. healthcare system could save $213 billion annually. Failing to adhere to prescription instructions, misuse of antibiotics and medication errors are some of the reasons for the avoidable costs, according to findings from IMS Institute for Healthcare Informatics. Together, these areas lead to unnecessary utilization of healthcare resources involving an estimated 10 million hospital admissions, 78 million outpatient treatments, 246 million prescriptions and four million emergency room visits annually.
Advertisement
OPINION
March 24, 2010 | By James L. Sweeney and Matthew E. Kahn
The stakes are huge when it comes to regulating the use of fossil fuels in California. We need serious, credible analyses in order to understand the economic effects of new laws and proposed legislation. Unfortunately, in California, one highly flawed estimate of costs to consumers and small businesses is distorting the debate. Cited again and again by opponents of California's global warming solution law, AB 32, the Varshney/Tootelian report estimates that this law will cost small business $50,000 a year and each household $3,857 a year once the new rules kick in. We each independently analyzed the economic projections made by Sanjay Varshney and Dennis Tootelian -- Cal State Sacramento business school dean and marketing professor, respectively -- and came to this conclusion: Their estimates are highly biased and based on poor logic and unsound economic analysis.
BUSINESS
May 23, 2013 | By Paresh Dave
Repairing the iPhone 5 costs far more than fixing its predecessors because of Apple's tight control over the parts that make up its newest phone, according to a new report. In some cases, just repairing an iPhone 5 screen can cost $30 more than the entire phone that's been purchased for $200 with a two-year service contract. Normally, users can turn to third-party shops to fix their iPhones. But many phone shops are not willing to repair the latest iPhone because of the high costs of parts, Marketwatch reported . The repair firms that do work on the iPhone are charging as much as Apple, or even more, to fix the phone.
CALIFORNIA | LOCAL
March 19, 2014 | By Chris Megerian
SACRAMENTO - The longer California's leaders delay shoring up the cash-strapped teacher pension fund, the more money it will cost taxpayers in the long run, according to an analysis presented to lawmakers on Wednesday. If lawmakers and Gov. Jerry Brown eliminate the fund's $71-billion shortfall over the next 20 years, the extra contributions needed from the state, schools and teachers would total a little more than $180 billion in that time period. But if they put forward a 60-year plan, the total cost would be $622.8 billion.
NATIONAL
August 3, 2012 | By Richard Simon
WASHINGTON -- The U.S. Senatehas paid tribute to National Chess Day. Now it's Sen. Jim DeMint's move.   The South Carolina Republican and several of his Senate colleagues have introduced legislation that would require senators to pay for such commemorative resolutions out of their office budgets rather than from the U.S. Treasury. The money comes from the taxpayers in either case, but DeMint says the printing of symbolic resolutions has "gotten out of hand. " His fellow senators are likely to be more judicious about introducing such resolutions if they have to dip into their office budgets to pay the printing costs, he says.
SPORTS
February 20, 2009 | Robyn Norwood
You've heard the stories about professional athletes so competitive they can't bear to lose, even at pingpong. But let's just say they didn't become professional athletes. Do you really want to work with anyone who isn't mature enough to shrug off being No. 2 at table tennis? And why is it, Washington Post columnist Sally Jenkins wonders, that so many of the culprits in the Wall Street mess seem to be frustrated former athletes?
ENTERTAINMENT
August 23, 1997
"Payout Time for the Peacock Network" (Aug. 18) reports that costs of shows like "Seinfeld" and "ER" are escalating, so that "Seinfeld" now costs NBC more than $4 million per episode, and that advertisers are paying more than $1 million per commercial minute. But where does NBC get the money to pay these rates? Or better yet, where does the advertiser get these sums? The answer is shocking. Built into the unit cost of every tube of toothpaste, can of beans or tank of gas you buy are prorated costs not only for the manufacture of the product but also transportation to market, sales force and, yes, advertising.
CALIFORNIA | LOCAL
March 16, 1986
The March 2 article, "Penn Defense Could Rank With County's Most Costly" by staff writer Glenn F. Bunting, comparing Sagon Penn's defense costs with the salary of a deputy district attorney presents a distorted picture of the financial cost to the taxpayer for this tragedy. Mr. Bunting failed to include the cost of the police investigation, reports of which are given to the D.A. for use in prosecution, and the expenses of the D.A.'s office in investigation, retained experts, other lawyers, and staff personnel contributing to the prosecution effort.
TRAVEL
March 16, 2003
"The Cancuning of Cabo" (March 2) enumerated some of the problems I had on three visits to Mexico's Los Cabos in the past 10 years. Each time I swore not to go back but was lured by the surf and sun. I tabulated the costs and benefits of my last trip to Los Cabos and compared them with a week I spent in Hawaii during the same month. Hawaii won out on all fronts except one: travel time. I paid less for food, flight and car rental. I was never hustled in Hawaii. I never had merchants trying to cheat me on the exchange rate.
CALIFORNIA | LOCAL
September 10, 2000
Re "Disease, Care Costs Beset Poor in Valley," Aug. 30. As documented in your article, thousands of California residents are currently without health insurance. Their plight illustrates dramatically the need to call for a stop to the self-motivated personal injury lawyers who are looking to profit by suing HMOs. Litigation is only going to create higher costs and put more Californians in the dire straits depicted in your article. If we're truly going to improve health care in California and across the nation, we should put the job back in the hands of our elected leaders and take it out of the courts--where only lawyers win. ANTHONY BELL Executive Director Citizens Against Lawsuit Abuse Los Angeles Studio City
Los Angeles Times Articles
|