Maine Hospital Association President Steps Down Amid Affordability Crisis
Portland Maine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Steven Michaud, Maines top hospital lobbyist for nearly forty years, steps down amid rising healthcare costs. Lawmakers propose capping hospital charges at 200% of Medicare rates, but hospital leaders argue this wont address the root causes of cost increases. National health spending has surged from $1.8 trillion in 1995 to $4.9 trillion in 2023, with Maines per-person hospital costs rising over 160% from 2001 to 2020. The affordability battle continues in the state legislature.
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