tv The Willis Report FOX Business April 17, 2014 5:00pm-6:01pm EDT
before. 508's and before. "willis report is next. liz: if you didn't throw them out. how many of you had your mom throw out your baseball cards. rich: oops. liz: fox business live all day even though the markets are not open. we'll see you tomorrow. gerri: i'm gerri willis, right now, on the "willis report." move for clear pricing in health care. will doctors and hospitals be more open and honest about your medical costs? also one of america's favorite easter candice, those fluffy marshmallow chicks. the ceo of peeps is here with all new chicks. new change coming to your smartphone. it is supposed to stop smartphone theft and lower prices but will it? we're watching out for you on "the willis report." we begin with a new promise from the health care industry. better information to all consumers about pricing. doctors and hospitals have been under a ton of pressure in recent months to provide
information to patients, more clear information, about what medical tests and procedures will cost. for more, doug holtz-eakin, president of american action forum, guy benson, editor-in-chief of town hall. welcome to you both. >> hi. gerri: i will come right back to this. a little over an hour ago the president was out speak about obamacare and how many young folks signed up. he said 35% of those signing up are under 35. here is the president. >> the first open enrollment period under this law ended a little over two weeks ago, and as more data comes in, we now know that the number of americans who have signed up for private insurance in the has geo 8 million people. eight million people. 35% of people who enrolled through the federal marketplace are under the age of 35. gerri: now, doug, interesting the president is saying, 35% of enrollees are, 35 or under.
that is very close to their goal of 39%. is it good enough? >> it is ally misleading. the key figure is the age of people who will be buying insurance policies, that is 18 to 34. the while house put out a fact sheet shortly after the president spoke, said they got 28% in that range. so they're still well short of the 39% or so they thought they needed to get in the so-called young invincibles. the president's statement makes it sound good. doesn't match the facts. >> sounds good, but doesn't match the facts. guy to you, one of the most fascinating things i heard him say this afternoon that obamacare is making the health care industry more transparent. that consumers out there, they know what's going on. they know the pricing. what do you say? >> i'm not sure what world he is living in if he thinks that obamacare made things more transparent. look what he did and what the census bureau has done regarding how we're going to measure the uninsured america, changing our
30-year pattern of methodology just in the middle of this massive upheaval to make the numbers look better for the white house. that is not more transparent. you have covered this on your show, gerri. there are stories across the country of people who signed up for obamacare plans, having no idea which doctors would accept it, which hospitals would accept it, whether their medical treatments or medications would be covered under those plans. they sort of had to sign up for them to discover what came next. that is just, that is unacceptable. that is, that is the opposite of transparency. that is opacity. gerri: all right. doug, we started by talking about these dozen or so health care institutions that are saying hospitals, and doctors saying they're going to start sharing more information. let me show what you we're talking here, some of the things they're going to share. total estimated price of services. what sin concluded in the price. on and on. lots of details out there. clear indication of whether the providers in network. on and on what kind of information they're going to provide. what do you make of this? is this the missing link in
health care? >> well, it is certainly a start. we need to have much better health markets in the united states. ones where individuals can in fact shop on price of basis of price and quality and you can't do that right now. so i like the sound of this, but there is going to have to be a cultural change on the other side of the equation as well. individuals will have to demand information. what is high-quality procedure? what is it going to cost me? in the process, force the hospitals, force the providers to give the information in a useful fashion and give them the things they want to know. just dumping a bunch of numbers out there, does not mean you understand what you're shopping for. i don't think we're there yet. gerri: we're not there yet. guy to you, you know, they made it sound in their press release like they were doing us such a big favor. that consumers out there, they were desperate for this information. the industry was happy to comply. the reality is quite the opposite, my friend. in fact 180 degrees opposite. the industry has not wanted to share, not a drop of information
with consumers. they have had to scratch and dig to get any dollars and cents figures. what do you make of this? >> i mean it makes sense from their perspective. they don't want to let their secrets out into the open but i think americans are right to demand these things. i think doug is absolutely spot on when he comes to what consumers should be requesting and demanding because, we're spending our money on these products, right? there is so many opportunities now on line and elsewhere in "consumer reports" and amazon and yelp, you name it. on any number of products and services you get into granular detail about, you know, what is the best deal? who gives you the best bang for your buck? who doesn't do a great job? who is overpriced? the fact that culture hasn't moved fully into the health care system yet and health care market yet i think is problem. gerri: would you ever go to a grocery store that didn't tell awe cost of loaf of bread. >> until you get in the check outline. gerri: i know it is not the same thing but come on!
you ought to be able to tell me what a colonoscopy cost. here in new york city you could pay $2,000 or $25,000. >> gerri, this is the thing to remember. this is part of economy, initiative pay for performance was deemed revolutionary. seriously. that tells you where they are. gerri: doug, there is lots of other details worth discussing. there are impediments, roadblocks to this that the industry is not talking about. some really high-priced hospitals they have contracts that disallow the sharing of this kind of information. so there are roadblocks that we're not even considering. >> this ace tough one. i have a lot of sympathy for the notion that a contract negotiated between two parties is private and should be kept confidential. i don't think we should be allowed to break private contracts with impunity. they ought to display all the information about the quality, who is good and bad doctor. what are effective and ineffective procedures. they ought to tell you exactly what they would charge you for a cash price. if there is buy-in bulk deal,
think that is fair game. they could have contract of that type and we don't need to know it. one exception is government money. once you take government money you owe taxpayers complete description how it was spent and paid for and there it is very different game. gerri: different game and would create two totally separate health care systems. they could kick out of network physicians from the emergency room. that might go a long way to saving dough there. doug and guys, i got off on a rant there. apologies. thanks for coming on the show. you guys did a fantastic job. thank you so much. >> thank you, gerri. gerri: and now we want to know what you think. here's our question tonight. should doctors and hospitals, should they be more open with prices? log on to gerriwillis.com. vote on the right-hand side of the screen. i will share results at the end of tonight's show. interesting story today out of the investing world. treshriff department is saying it will start to keep a close eye on one of the most popular investments in america, the muni bond market.
the increased oversight is coming because of recent financial troubles with detroit and puerto rico which we talk ad lot about on this network. with us, phil silverman. phil, welcome back to the show. >> you bet. gerri: this story, you know, i can't decide if it is too little too late or if they actually have something to add to the party. these conversations about municipal debt have been going on literally for years. and finally, now the treasury saying they will take a look. what could you expect? >> well i think it is good they're finally doing it. i agree that this is something that should have been done long ago. because some people, the retail community is so heavy in this and retirement community. gerri: yes. >> really focused more on retail, you know. until recently with distressed bonds it is not hedge funds that are trading this. so we need to protect -- gerri: although apparently hedge funds are getting into this marketplace big-time. >> now they are. gerri: i don't know if that is a good sign for small investors or not. they could make dislocations in the market could be bad for the
small guy who wants to sit on that investment for a long, long time. >> hedge funds come into the market playing distressed bonds. puerto rico bonds, detroit bonds, ones where they get large returns. they're not concerned about tax consequence. you need that segment of investment grade bond that the retail investor can feel like they retire on. you know. gerri: that's right. agree with that. >> hedge fund don't want those. they will not make money on those. they don't, in fact the tax benefits in a way can kind of hurt them because that return is, isn't directly put into their reporting results. >> you're saying don't worry about the hedgegies, they're not coming for you? >> no. gerri: i got to tell you look what is going on with the municipal market debt that americans all over the country buy and put it into their retirementnt accounts. they advertise it as something almost patriotic to do. give to the city. make the world a better place for your grandchildren. meanwhile these cities, these
township, these states, many are having huge financial props. isn't it time that somebody made sure this was a safe place for people who are in retirement and don't have a lot of options to be and be safe. >> absolutely. in the way a lot of individuals pick these bond they just look at ratings. they don't understand the diligence to do with these bond. gerri: that's right. >> we know how that works out following ratings. we saw how that went with real estate bond in the crisis. so, anymore transparency, any way we can help make this market more efficient for individuals will be -- good for the municipalities. >> one way you could start. stop marking them up for individual investors. some are on teen. >> absolutely. gerri: if you're buying underlying and not muni bond fund it's crazy. >> absolutely. i mean wall street loves it. they put a little markup on the bond. nobody knows what they were paying on it. sure is not 9.99 like you're paying on e-trade.
even with the bond fund, a lot of people don't realize many of them are levered and so they can be more volatile than you think. gerri: fund or bonds? >> the funds. so when people go into closed-end bond funds typically they're levered, 30, 40%. also because they're trading bond, they tend to be more volatile than actually holding individual bond. so it is a more challenging marketplace than people know. gerri: do you like buying underlying better than buying the fund? >> yes. well, if i'm planning on holding it, if a client wants to hold the portfolio, ladder them out, keep them, yes. however the bond funds are good for trading purposes. >> tell me though, you got to tell me before you go, what is the best way to check these out, make sure you're getting a bond that is good for you and the right kind of thing where the hedge fund operators will not come in over your shoulder and mess up your investment? >> probably best way to find an visor very experienced in the market. gerri: who knows it.
>> i would certainly talk to multiple advisors. gerri: talk to multiple advisors. look at the ratings. >> yeah. gerri: you know, sometimes you want to do your due diligence by doing research on the cities and townships themselves. unfortunately often we have to rely on information from those folks, the government officials who may not know the reality, right. >> oh, yeah, absolutely. absolutely. you know, they have, they have an incentive to maybe not necessarily give you everything you know. it's a tough market. gerri: a tough market and becoming tougher. phil, thanks for coming on. appreciate your time. >> thank you. gerri: we have got more to come this hour. how one fired executive walked away with, guess this, $58 million for 15 months of work. $225,000 a day. nice work if you can get it. stay with us. [ chilen yelling ]
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rich, so you know as an investor, can i say this about that? i'm happy to pay for performance. i'm not happy to pay for no performance or bad performance. >> only 15 months. the funny thing is, if he had been given a solid amount, this is what congress tried to do, tried to influence the say in pay although not binding. shareholders have a somewhat of a say but the idea was to get industries and companies to pay more based on performance. how do you do that? tie it to stock price. the 15 months he was there, 15.68 to 40.34, a lot of that because of alibaba. he hit a perfect 58 million-dollar storm. gerri: i got to tell you. they thought he would do great things with advertising for the company. he had been at google. they had a great run with advertising. they bring him in and promise hip the moon. even more than the ceo, marisa mayer. >> right. gerri: mayer. i always say her name wrong. it is aton meshing to me.
i'm not one of those people that say, 1% and we've got to pay people less. the reality is, this is exactly the kind of situation that gives those people credibility. >> absolutely. especially when you get into a congressional situation. you don't see, you never know, yahoo! will get called in front of congress for any particular reason, but one of the big things during the auto bailout, during the financial crisis, it is all about compensation. it is such a wedge issue. it has become such a political issue. these are the types much examples that folks in washington and folks around the country use to say, executive compensation is out of control. we need higher marginal rates at the top end or need reform or pay caps and things like that. it just adds fuel to the fire. gerri: absolutely. let's look at some of those top golden parachutes easterned by at love executives. jack welch, for example at ge. 417 million. lee raymond at exxon, 320 million. unitedhealth group, bill ma geyer, 285.
ed whitaker at at&t, 230. list goes on and on. robert nardelli with 223. it comes down to if you give these pots of dough for people what are they doing for that money? are they doing that money? we've sort of ignored that question. boy in this case it is spot on to be asking that. >> now we have tied or companies tied so much of executive compensation how well stock prices are doing, there is a bit of disparity and companies are doing well, profits are doing well, performance is doing well, equities are done well. so executives are doing well based on performance. this is what we wall wanted but disparity is there. gerri: what do you think it says about the ceo's performance. wanted to get him into the company. the board had to sign off. what does it tell you about the people running company? >> 15 months later, maybe with the equity price is a little
lower they should have cut bait on this one, i don't know. gerri: a lot of egg on a lot of people's faces but one very former executive who can take a very long vacation. >> absolutely, forever. gerri: exactly right. rich, great to see you. thanks for coming on the show. >> thanks. gerri: a quick programing note. tomorrow, now listen to this. this is very exciting. we're having a jobs expert, tony bashara on to look overviewers resume's. are you looking for a job? can't find a job and maybe you're unemployed for a while? you want somebody to give resume' once over? give great advise. email it to us at wills will.com. what you can do, paste the resume' into the body of the email around we'll have tony take a look at it. it will be great tomorrow. later in the show, is america losing its competitive edge to china? cell phone carriers are requiring at technology kill switch but is that enough? stay with us. announcer: where can an investor
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gerri: after mounting pressure from the public and from lawmakers, tech companies and phone carriers, now back the kill switch technology that would rippedder that is, stolen cell phones useless to thieves. but is that enough? with me now is paul bogan, whose daughter meagan was shot and killed for her iphone. meagan's sister annie. thanks to you both being back with us. we appreciate the fact that you came back on the show. paul, i will start with you, is
this move the industry agreed to take, is it enough? >> i don't think it is. i think it's a great first step. it's a wonderful development but we're concerned about two things much one is that the possible backsliding. if we drop the legislation, and they have the option to change as they go forward, that would be a problem. and more importantly, we want this to be an opt out. meaning when you get a phone, buy a phone, that the function gnats on the -- functionality is on the phone, you choose not to have it work you can do that. we think it is opt in where people have to go find it, far few people will take at advantage of the function. gerri: so you want people to be forced into the situation of being using this kill switch. i understand. annie, to you, what did you make of this when you heard the industry was moving in this direction? >> it was excitings news for our family because this is something we've been fighting for a long time now. it's a cause very close to our hearts. knowing that the wireless
industry realized this is a problem and that they need to take action was very gratifying. but like my dad was saying. it's a step in the right direction but not a full solution to the problem. gerri: it down get rid of the problem entirely, because if everybody did this and everybody used this switch, then thieves would know, anytime i pick up an iphone or any one of these kind of phones, i'm not going to get anything for it. so that is what would remove incentive to steal these things. paul, when you were with us last time you mentioned that this organization that represents the carriers, the ctia, was strongly advocating against the kill switch concept. and now they have changed their tune. what do you make of that? why do you think they did a complete turnaround? >> well it is clear to me that the reason they made the change is pressure from both the mia and the also from the -- media and also possibly the legislation. i'm aware of legislation in california, illinois and new york, and also in the u.s. senate and the u.s. house.
i think they were seeing that there was a lot of momentum going forward and that they needed to change their approach to this. i was involved in a hearing in california just three weeks ago where they were advocating against it, and in fact, part of their arguement was that it was going to be education and personal responsibility that was going to solve this stolen smartphone problem. this is dramatic change. gerri: you can't educate the robbers, that's for sure. >> right. gerri: talking about personal education, part of this whole story is completely out of the control of consumers, i think. annie, what do you say? >> i definitely think it is the type of problem that is such sweeping issue all across the country and across the world. when a problem has grown to that degree there is so much consumers can do to protect themselves. there is element being aware of using your smartphone of the not to do it on the subway or public place where you might be distracted and become a victim. definitely this problem
continues to grow. unless there is legislation or sweeping change across the board it will not get better. gerri: paul, what else would you like to see happen here as we go forward? and your family has suffered so much through this, it must be gratifying to see some change, some movement on this topic but what are next steps here? >> he will which think the next steps are to continue to move forward with the legislation. i'd like to see it get passed in one or two states. and then we're starting to have some conversations with senators and congressman to make some progress there. gerri: the are. annie, paul, thanks for coming on the show tonight. great to have you both here. very good to see you. >> thanks for having us. >> thanks very much. >> new developments tonight in the gm recall. regulators revealing the automaker had an ignition switch issue in its preproduction cadillac, this back in 2006. now according to the national highway traffic safety administration, nhtsa, ignition switch supplier delphi,
redesigned the ignition for the cadillac srx before it went into production in 2006 after gm engineers reported that the engine could turn off when their knees bumped, bumped ignition while driving. on opening bell with bartiromo,-- maria bartiromo jim lens, ceo of toyota of north america, dialing with 2.6, cars recalled based on toyota's problem. >> bottom line our solution to the problem at the time listen much more closely to your customers, be transparent inside and outside of the country and act quickly as you can. gerri: i guess we'll have to wait and see to see if gm takes his advice. one note, gm won one court battle. a federal judge rejecting a bid to tell the out automaker to tell customers stop driving cars that are to be recalled until they are fixed. peeps are a favorite. the ceo of those fluffy mash
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gerri: is america of losing its place in the world? the question we hear again and again in to do what professor wrote about the great decline of america and the rise of countries like china. are getting lazy? let's bring in kerry called bomb and david nelson from bill point. great to have both of you here. you are on set with me. coming to the new york stock
exchange is alibaba it is a lot of the world comes to the edited states. >> i get this but this report is academic but i take the issue probably more of an issue that china has some real issues and trying to unwind the excesses' between now and july you will see what happens. >> china is a basket case in my eyes and the of real-estate in economic numbers are fraudulent but we have some serious issues calling for word we talk about 1,000 times namely $17 trillion in debt, a printing of money has and what is not talked about
enough clinton last budget spending was 1.8 trillion now weirder the $4 trillion monday coming out of the economy into government coffers. that is ahead bid for the potential of our great the economy going forward and will only get worse with the amount of money we have to spend on social security will grow in for an item. gerri: let's take a look at gdp usa 16 trillion china eight. we are bigger. also we are more productive than any country on the planet. we have nobody. we make everything. >> we are still great but the rate of growth has been coming down for all the debt and spending going forward it will have the effect. it is not a coincidence that all that outbreak is much
lower than they used to be stick you are forgetting the principal issue. the issue that we face with a global society. first year in the united states big muscle jobs and go to where that is big. that is not here as soon as we get that we'll understand we have to have some pro-growth policies. if you bring up the debt i hear you dash the fed of the last five years the reason the inflation will come down the pike it is not in here. gerri: come on. >> you did not hear the word inflation. talk about taxes and regulation and our debt. >> that is true. >> my son is going to college they accepted people only 3.nine gpa or above.
it is great people with great minds stick making you put it all on the back. >> is on the back of the government. >> the term that you used. >> it is printing trillions to create companies. we still the technology, and that decision, invention but there is too muchch b blolockae to right now to get things done. they put too much in front of us even to get the drugs out.
they have to take a step back to let the greatness of the people. >> we are ignoring one of the biggest kids right now haae energy independence we spend more time trying to keep it in the ground there and get it out that is the way to go. >> 80,000 pages in the tax code. we could start their. look at how many regulations have come about. this is good for nobody. simple as that. gerri: great conversation. we have more to come. how to spend your retirement traveling to world while
he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding or have had a heart valve replaced. seek immediate medical care for unexpected signs of bleeding, like usual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners... ...or if you have kidney problems, especially if you take certain medicines. tell your doctors about all medicines you take.
pradaxa side effects include indigestion, stomach pain, upset, or burning. if you or someone you love has afib not caused by a heart valve problem... ...ask your doctor about reducing the risk of stroke with pradaxa. seven easter is almost eerie it is the second biggest holiday for candy sales behind halloween. spending money on easter candy last year no wonder the tree will be enjoyed all year long. joining me now is the ceo ross, thank you for coming around to even brought to us some guests spinet a look good enough to eat. and how is it in joining the 61st anniversary? >> we just celebrated the 90th year as just born.
here in brooklyn actually my grandfather started in manhattan then we moved to pennsylvania 1932 we have made all kinds of candy. gerri: a lot of these i remember from growing up. >> we bought the operation from peeps 1953 they remained in the original hershey factory they were made by a team and. very small operation at the time. they brought it to bethlehem and my dad created a machine that made the checks automatically. gerri: originally it took a long time. >> it was done by can but now we can crank out this past year about 2 billion peeps.
gerri: that is a lot. easter is the prime-time. they are everywhere. how many will you sell? >> at easter probably 1,400,000,000 and shapes. gerri: you have a brand spanking new that you will show and we will see it right now. >> we have these peeps ship date may first you are getting the first glimpse at the new peeps minis. gerri: it smells good. >> strawberry and chocolate cream even sour watermelon that is a big hit peeps. gerri: what next? >> we have them for halloween, christmas, valent ine's now the peeps minis we
have a great campaign. we're looking every day is a holiday. we have some of the most fun stuff we will do with peeps minis. gerri: 33 percent are used for other stuff art, decorating, will you try to promote that in addition? >> share. we have a wonderful promotion with dunkin donuts still going on with the small chick of a doughnut and. gerri: are they healthy? >> no fat. gloom free. they are fun clinton free and gives real enjoyment. gerri: you are right. thank you for coming. here are some great to fax. here is a fun factory neff
peeps made every year to circle the earth twice. said tonight top five the top of fun facts more than $16 billion -- 60 billion jellybeans are made while the of flavors seem endless gerri is the most popular. number for 4 million peeps are made per day but as you just heard said you will enjoy them all year long. number three. 56 percent of americans prefer solid chocolate bunnies over the hollow ones never to people go for the chocolate bunny year's first 80 percent believe the proper way is to eaton that year's first. 6% the feat in the rest begin with the tail. number 180 percent of
a for the past 13 years during a from ecuador the authors of the international living guide to retiring overseas on the budget. industry in this book is going like hot cakes with the topic people are really interested in to live overseas part merely because of the money you can save. are you saving money by being retired overseas? >> we are saving many probably half of what we spent in the united states but technically we're not retired we are just retrying our lives. [laughter] we are still using the internet using the skills we brought overseas with transportable careers in about half of what it cost in the united states. >> i think how you describe your lives is how we will be living to do something in
retirement. right? we want to be happy and where it is safe to enjoy ourselves. how did you decide to pick up and leave? >> we were living in omaha nebraska. one of the reasons we wanted to leave but we were tired of the corporate life and raised we wanted to slow down our lives to spend the time we have left in the environment that made us happy. we have better weather, as space now we really enjoy ourselves. gerri: was there an opportunity professionally or did you drop everything to move to ecuador? >> we're both writers with journalism degrees and she was a longtime subscriber to
international living so we knew the life style was out there. she was looking for of a job and they asked how would you like to move to record your? we have been living overseas ever since it. neil: gerri: you are getting more interested in e-mail traffic it just seems that so many people were not ready for retirement but that they're looking for another option. >> it is a big snowball movement now with the internet it has changed everything because now people can get on line to see those who are out here to be -- live the life and it is possible. the fact that they talk to you shows how popular it has become. gerri: these pictures are pretty the bow by their looks great. deal have regrets it to reduce so far away from the people you know, so well?
>> it is easy to get back and forth we can hop on a plane depending and where we are going to be home with did one day. it is not as far as you might think and the destinations of most people interested all our latin america because we are in the same time zone but that is what people have to think about to leave their family and friends. it is not easy but people say i have two children one is on the east coast and one is on the west coast to does not matter where i live. gerri: dell looks like you were out with friends. for you able to make the english speaking friends or people with similar backgrounds? >> many places he read about our famous ex pat communities these of the places saturday very easy to settle into with the built-in support group.
why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com
ameriprise asked people a simple question: can you keep your lifestyle in retirement? i don't want to think about the alternative. i don't even know how to answer that. i mean, no one knows how long their money is going to last. i try not to worry, but you worry. what happens when your paychecks stop? because everyone has retirement questions. ameriprise created the exclusive confident retirement approach. to get the real answers you need. start building your confident retirement today. gerri: taking the case to the customers in box does it bases the bench next tuesday lunch again new site supporting its own argument even through e-mail. cable networks have been up in arms arguing areo services tel those
distributors and infringe on the copyright. the web site explains the service it provides in by the broadcasters are unjustly suing including brief san decisions that favored areo and those that favor broadcasters. there is a push for transparency in health care. should doctors and hospitals be more open about prices? 98 percent said yes and a 2 percent said no. log on gerri willis.com for the on-line question every day. here are some of your emails on the cash challenge.
gerri: we love hearing from you. send us an e-mail. finally tonight at the top of the show we talked about the lack of pricing information consumers have with health care. want to know a reasonable price for a tonsillectomy? good luck to the prices vary enormously. from hospital to hospital and doctor to doctor even with the same market. new york city and anywhere from 2000 through $25,000 for a colonoscopy. they make no ways to go public because it you don't want to wait for them to get their act together you can get an idea what you should be paying. health care blue book.com and new choice help stick stick, you would die shop at the pressures are the does that give you the price is up front you should not go to the doctor without finding where you are on the
hook for either. they q for joining us. do not forget to a booktv are the show. have a great night. welcome, everybody. i am neil cavuto. you wonder why i make such a the big stink to give more politicians more infrastructure money. struggling michigan homeowners find out money for them might go to the unions they want does slice of the federal aid package to help all lenders and redirect the funds to help bail out there own very sorry and gas -- and cash strapped city now 3-1/2 billion dollars in tel whole