Health Against Wealth by George Anders
HMOs and the Breakdown of Medical Trust

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The HMO system is often praised for cutting runaway costs. It is supposed to act as a powerful market force to stop greedy doctors and hospitals from treating patients like pi-atas, to be cut open for profit. Health Against Wealth reveals that when you are confronting cancer, heart disease, or psychiatric illness, when you face a medical emergency or your child requires complex pediatric surgery, all those cost-saving rules and artful ways of keeping doctors frugal can turn against you. Wall Street Journal reporter George Anders explains why " managed care " is so appealing to employers and insurers and how HMO bureaucrats can thwart necessary, even life-saving treatment under the guise of cost efficiency. Health Against Wealth takes an unflinching look at the profit-hungry entrepreneurs who have poured into this new" health industry" and provides alarming examples of political manipulation by increasingly powerful HMO lobbyists. At the same time, the book explores the hopes and frustr

About George Anders

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George Anders, senior special writer for the Wall Street Journal, was part of a team that won the Puliter Prize for it's health coverage in 1996. The author of Merchants of Debt, he lives in California.
Published May 8, 1998 by Mariner Books. 320 pages
Genres: Business & Economics, Health, Fitness & Dieting, Political & Social Sciences, Professional & Technical, Parenting & Relationships. Non-fiction

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A hard look at how for-profit health management organizations have come to be the force they are in our health care system and how their emphasis on the bottom line threatens quality medical care.

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Publishers Weekly

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For-profit HMOs spend on average 70%-75% of premiums on patient care, while nonprofit HMOs spend 90%.

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