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tv   The Willis Report  FOX Business  May 8, 2013 9:00pm-10:01pm EDT

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register. >> i have shopped at costco. neil: unionized? >> yes. >> interesting. see you tomorrow, with much more. gerri: hello. i'm gerri willis. tonight on "the willis report" the policies gone haywire. a b bank charging higher loan rates for white men and married couples. also, the same medical procedure, but one costs dozens more. now, new push for honest pricing in health care. and should you buy health insurance for your pet? we will have the case tonight on "the willis report". gerri: first tonight, we report a lot here about consumers and
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products. what a few were the product? well, to some companies you are. there is a new effort to crack down on what they called a data brokers, companies tt troll the internet scring up every bit of data connected to you and selling it to the highest bidder there are rules that these companies must follow. the federal trade commission just tested some well-known websites to see how well they were following these rules. turns out they weren't. with us now to privacy expert at the aclu. thanks for coming on the show. what is t federal trade commission fined? palin these guys breaking the rules? >> basically there were not playing by the rules that your suppose to when you are doing a background check for providing information for insurance or financial information. there were not making sure that information was accurate, letting the subjects othe investigations know about it and give them a chance to contest an accurate information. gerri: there are all kinds of data brokers, but one of the
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rules about this is that individuals, consumers are supposed to know when they affect their egibility for insurance, credit, or employment none of that is going on. the ftc on its launch, again, some of these data brokers. citing these companies cannot suing them, not even investigating them, what do you make of the state of play for data brokers? it sounds like it still had the upperand. >> well, i think this is an investigation. it's a good first at. we clearly need to take a broader look at the industry. it is not just -- clearly there is a problem when somebody is going tolacklist you. you can't get a job because there is an curate information and a data broker file. that's a big deal. it's also a big deal if you don't know that, for example, someone making an offer knows exactly homuch money you make and they know whether they can give you a $10 coupon or $1
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coupon based upon the fact that they know your salary, that's a pretty big disparity between the amount of power and information that you have as a consumer and a company has. gerri: you know, for consumers, thiss a big black hole for consumers. we have no idea what kind of information they're trading, an frankly at think you would be appalled to know just how much detail. you mentioned wage information. i once interviewed a woman whose husband was denied a job because of inaccurate information in one of these reports. they said her husband had a prison record and he did not. he was -- the job offer that was on the table was taken away. this can affect you, real people out there for a single day. here is the pushed back. some of these comnies are getting tonight. we will read from people search now. this is one of the companies that the sec has trained its sights on. we are not a consumer reporting agency as defined by the fair credit reporting act. this side cannot be used for employment democratic and martin and st. or any related purpose.
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c'mon. that is exactly what they do for a living. >> you know, it's good to understand how the ftc determine this. they send people and and asked about the services. they actively wind and tried to basically get a credit report or get information. clear that those testers found things and it found companies acting ways that they should not be. there's definitely mor here. gerri: this is a huge industry, some $2 billion a year on personal data collected by outside firms, and that is in the entire story. is this a industry that is dealing out information, not paying as ford, and trying to avoid any government oversight, and the peak behind the covers of what is going on? >> i think it is. i mean, you should be able to access at minimum your record.
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you should know what's in there about you. just seems like a basic peace. you cannot get that from almost any data broker today. we can start there and then find out all the uses this information is being put to prevent damage might be in a position to understand what we can do to control the information. gerri: i wanted to give what people search now have on me, but then i would have to pay money and give them my credit card number to do it. i was about to do that. >> denied on plan you pair your credit card information and probably end up in the san record. gerri: exactly. thank you for coming on. rick information. all right. some web sites clearly not following the law. one bank tried to comply with the fair lending laws a it backfired. thisis amazing story. a small community bank in maryland has been cited by federal regulators for discriminating against white man and married couples i a lending
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program cated specifically to help minorities and women. with more on this, editor in chiefor the american banker. welcome back to michele. this sounds so crazy. what's going on? >> reall we have is obviously bankers have done a lot of bad things. we need themo land. they're facing an untenable situation. the try to help disadvantaged and minority groups and get in trouble because they're discriminating against white men. if they don't in their lending standards are such that some people are favored over others. a no win situation. gerri: the government out of control, a government that can't figure out what is common sense. so 6,000 people involved in this program, something like this. the bank had to repay people. >> on the enough they got like four times as much as people got no foreclosure settlement for losing entire house. this was just because they paid a little bit more for mortgage loans. gerri: i see bankers, lenders who are scared to do anything at
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all because they think it might be breaking the rules. the tragedy of that is the sum many of these are small lenders. >> and i don't really have the infrastructure the figure out what to do with the big lenders to. on the one hand, if they stick to plain vanilla loans what you end up with is the mostly going to go to upper-middle-class wealthy people. if it and start giving advantages, you have a situation like this where man bites dog and the regulators come back and say you can't do that either. gerri: thesere actually fair lending laws. >> exaly. gerri: what is interesting is there is an opponent to the president's cabinet and is involved in this debate. >> compress command he has been very much aggressively beyond this. there have been questions about whether he went too far and had some quid pro pros with the city of st. paul in minnesota to try to push these laws. the supreme court was thinking about possibly overturning this law, it's called dispara impact. doesn't matter what your trying to do. matters with the result is.
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gerri: at the endf the day with a story not too long ago about how banks are being told that they have to guess the race and gender of people applying for loans. why? hano idea. seems like we have gone off the deep end when it comes to these issues. >> and on the one hand the banks are told you need to land, land, land and on the other hand, in tellinthem that you lent too much before. they tried to stick to what is really meat and potatoes banking, look atomeone, the credit quality in all the other characteristics and then charge interest rates based on that, i'm sorry to tell you, different ethnic groups have different credit standards. as a result you're goingo get differences. but the governnt is saying is it's not your intention and it's not that we start with an even playing field. what matters is the resul it's really not in the bankers control what the result is. gerri: and should be. they should make their decisions based on the facts in front of them. thank you for coming down.
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did this to you. good reporting. always inresting to see what stories yes, but taking your pet to the vet can take a bite out of your wallet. the bil aren't only piling up for your pet. in a report showing hospitals are charging widely different prices for the same procedures. stay with us. at od, whatever business you're in, that the business we're in. with premium servi like e of the best on-time delivery
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welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow or start your business, visit thenewny.com ♪ gerri: the curtain pulled back on hospital billing,nd it is an uy scene. according to a federal government report prices for the same procedure, same procedures all over the map, even if the hospitals are nearby or even in the san town. with more on this, a senior llow at the manhattan institute. thank you for coming on. looking at these numbers today. frankly, i'm shocked.
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listen to this. if you want a pacemaker implant, you're paying 70,000. in raleigh new jersey, not far away, you're paying 101,000. why is that? >> you know, here's the thing. we were told that t reason why health insurance costs different money is because insurers are greedy and profiteers. it's not true. it is actually hospitals are raising prices. they are exploiting market discrepancies and charging enormous amounts of money for things that don't cost that much and insurers are forced to pass those costs on. there the ones who are behind obamacare because it's an extra $2 trillion a respond hospitals. gerri: i want to go back to this example for a second because these are two very different communities. not wealthy and all and livingston is. i am wondering if hospital is charging more because they can get it under medicare. >> sometimes that said, but
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sometimes what happens is it's actually the private insurers. medicare is the government. they can really negotiate. these private insurers, once there are couple of different jurors. they really have to the send agents of hospitals is the announcement around. if they exploit that and say, if you down except on massively in for in price will some -- will take your insurance insurs are forced to roll over effectively and each of the higher prices. gerri: these disparities get huge. john rlacement and oklahoma. 5300. monterey park, two under and 23,000. >> again, it's so complex hospital building. is not transparent. that's when austral's charge a lot.
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dicare and medicaid to pay less and less. charging more and more. gerri: you mentioned the fact that this information is not public. that is a big problem. people could actually shop around if they had lots and lots of information. health anduman services posting on their website that the price of 100 different surgery's, 100 different operations, procedures to try to open that door. is that really enough? >> any more laws that require house rules to post the prices. they don't want these things is post. in arizona the state legislature passed a law saying that for the 15 most common hospital services
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hospitals have to post average price. the governor vetoed it because the hospital lobby one after. they know what this does that i want people to know that they're charging five times as much to someone with private churns. gerri: up to you another stupid idea. health and human services will put out 87 million to start something they call health care data pricing. the bill this money out to states, and states will cree these centers. can we do this on the cheap, to simply required hospitals to post their information. that doesn't have to ct taxpayers $87 million. >> medicare and -- can published this data. medicare, you have to pay for that. so you can't really do it. it's only like big media organizations and academics that spend a lot of money. it's crazy.
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of all the data out there and the people look at it. gerri: a little sunshine would not be a bad thing. do you think with all this information coming out now that there will be any change in price? was still hopeful that obamacare would bring down prices. frankly, just the opposite has happened to be at all see any pressure. >> not only that, it's going to get worse because the biggest driver bond prices is all these hospital murders -- mergers. all across the country hospitals emerging. they're saying is because they want to improve quality, but has nothing to do a quality. when you have more mergers, a local oligarchy or monopoly. they use the market power raise prices. obamacare actually drives that. things called accountable care organizations. this big buzz word in the health policy what world, but those encourage more consolidation because it's all about hospitals find physician practices to integrate care, but that means
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higher prices. gerri: that law, we had no idea what it meant. it's wrecking our healt care. thank you for coming on. always good to see. >> into you. gerri: now we want to know what you think. here is our question. our hospitals ripping you o? log on to gerriwillis.com. on the right-hand side of the screen in austin a result of the and the show. time now for the stori on fox business. the trending stories. adelle holding about 15,001 day after closing above the landmark level. the s&p 500 also up today about one-third of a percent, meaning th indexes are still trading near record levels. someday we will retire. federal judge ruling the u.s. government can continue its lawsuit against bankamerica. the justice department suing over i sale of toxic mortgages the bank is being blamed for a billion dollars in losses. and here is an interesting one. it may be looking to by who.
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reports of top executives from both companies meeting. all things digital brega who is in the process of acquiring a video service. no formal offer has been made. listen to this. convicted in nuncio, he may be getting at a jail sentence any thought. the deal is beg discussed to reduce his sentence from 24 years to 14. that's just not fair. the dlj says the agreement allows some of his assets toe unfrozen and given to victims. and those are some of the house stores right now on foxbusiness.com. later in the show, i show the greatest female golfer in the world my golf swing. i hope she likes it. i'm a little nervous. and next, we answer the question,ow you do that. tips on what you should get insurance and the best plans for you and man's best friend. ♪ [ male announcer ] in your lifetime,
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it's the card for people who like more cash. ♪ 50% more boogie ♪ what's in your wallet? cashhhhh!!! ♪ gerri: is a pet insurance really worth it? or breaking down the cost of treating your furry friend
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♪ gerri: well, americans are shelling out big bks for their pets bad bills the continue to soar. dog owners lost over 19 billion on health care. can underspend over 7 billion. that's unbelievable. just a tiny percentage of these owners insure their pets. is buying insurance for your dog or cat, is it a good idea? county you do that? joining me now, pat lifestyle
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expert. welcome to the show. it's great to have your. let's talk. hi. t's first talk about the options. obviously paid out of pocket. >> of course. you can definitely pay for your pets medical care and a pocket, butowadays we have pet insurance. you also have wellness packages that you can add on foyour basic care. then there is always the idea of just having a general savings account for any type of medical emergency. think about negotiating. gerri: that makes a lot of sense. unlike an ibm. there is something called care credit where you get a 2-year interest-repayment plan which is not sound like abbott and idea. one additional folks will people of pain for some of the stuff. i have to tell you, this can be a lot of money. if your dog has lung cancer, you could pay a couple grand. a disc disease, 3,000. gastric torsion, 3,000. is really cannot.
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>> it definitely adds up. if you think about the idea of tt insurance, over the course of the last time you have no idea what type of injury, accident, disease like cancer, things may come up the you don't foresee. the medical bills, i've seen 20,000. the right investment. >> the thing is, now it is a look at dogs and cats and any animal, our children. there is that all new generation of people look at thr pets as a part of the family. you don't often have an extra $20,000 in the event that something catastrophic happened to be with pet insurance you can be protected in a worst-case scenario. gerri: let's look at it from a financial perspective for just a second and say you're paying maybe $300 per year for pet insurance, which would seem like on a lot of money.
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over the lifetime of the pad on average to be paying about 5,000. paying more in insurance emiums then you might be out of pocket. it doesn't seem like a good financial equation to me. what do you say? >> it is definitely something to consider. depending on how many pets you evenave in your family, there are certain multiple pat households where it does make more sense possibly to invest in a savingslan. you really have to think about worst-case scenario, what would you do, what language you go to protect the pat. do you have the resources are do you want to, instead, invest in into insurance package. gerri: to register and information on the screen about a survey that consumer reports to it, study. it took a ten year-old beagle and tried to decide if it would be worth it to buy the pet insurance. they found that in almost every case financially at least it didn't make sense. people have to make these decisions because they have so
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many of the bills they're facing . at the end of the day you're a buyer. >> i am, butou have to decide based on here pet situation, if you get your dog went to puppy it makes sense to be like you said, the ten year-old beagle some insurance carriers are not even going to provide insurance based on a dog's age if they have anyre-existing conditions . are a lot of factors the have to relate. gerri: this sounds like people. no pre-existing conditions. is he a smoker? it's hysterical. thank you for coming on. >> thank you for having me. gerri: coming up next, the consumer is back. we will eak down what we're spending our money on. it has been ten yearss the gender barrier in golf was broken. the woman he dated joins me. plus, she tells me h bad my golf swing is. it's as simple as this.
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♪ >> from our fox business studi in new york, here again is gerriwillis.com. gerri: hallelujah. the consumer is back, and that means good things for the broader economy. overall spending is up 9% from the recession ended nearly four years ago. the average house of now ending more than $4,200 a month that is according to ms. stott com. the best part, consumers are feelincomfortable spending more than just the essentials, like of skill growthrees. until grocery spending is up 17% that is more abouthe result of increased sales in places like wholefoods, not your neighborhood grocer. and not only eating well at homewe are eating out more, especially those under 35. and people a spending 40 percent
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more on restaurants, and americans are more generous than weere in 2009. charitable nations are up a whopping 47%. not to rain on the parade, but the increased spending is out of good news. health care spending is of more than 30%, up more than 40% to 20 somethings. the average household is spending nearly $200 per month in the first three months of 2013. that's a pity% just since the start of 2009. finally, my favorite part of this. guess which gender spends the most? your thinking women. no, it's man. and by a lot. the survey shows men spend around $650 me per month and women. most othat money went to alcohol. bottom line cannot consumers are the ones proping of this economy. as long as we don't overspend and get into all that colossal that like we did before, our activity. more jobs, more opportunity.
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we're doing our part. and both men and women asher to spend some of the summer at the golf course, including make. we will be bringing along advice from i tend time winner of the lpga tour. the hall of famer joins me now. i'm so thrilled to have you on the show. good to see you. thank you for coming on. >> good to see you. ank you for having me. gerri: this is the anniversary of your amazing play in men's professional tournament. this is the first time this happened in 58 years. may 22nd, 2003. what are your memories? >> i have some money. that was really one of the most exciting events or tournaments' in my golf career, especially now when i am kind of stepping away from coetitive golf. the colonials will talk about. it was so special.
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i wanted to test myself against the best in the world. i did. it was qui experience. among the lot about myself and my game. gerri: that was so exciting. and the amazing to see you on that course, walking with the men. do we need to go further to get man and woman playing competively together? >> well, i enjoyed the week. you know, i have been lucky to play with the man many times. and drop in a club or a plate with the boys. it was natural. you name it. i have always played with people that enjoy sports. for me this is obviously an educational week. overall gulf is a game where men and women to put together. ected tennis in the have the same venues. gerri: i love the game. upper mountain erin go.
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it seems to me we need to do more to give women playing. >> i would agree. he led an offer today, unfortunately there are some leaving the game for dferent reasons. the biggest potential is actually women and siors. we have to make it more exciting, maybe more fun more accessible. it takes a long time to plan nowadays, women are certainly an area and demographic that we're trying to reach. gerri: i have to ask you about the top players this year. you know, he's trying to make a run and jack nicklaus is a major record. will he become, you know, t new jack nicklaus? >> it's a very good question. now he's getting older. he had a little tougher time the last few years. he's turning his game around.
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very competitive. you have young guys like rory mcelroy and lee west would. you name it, so many guys that are knocking on the door. ii will be harder and harder. her nose? at think as a modern golfer he is the best modern golfer. as far as history goes, sometimes the numbers of the true challenge. gerri: there are. the old generation of young golfers in norman and women who are so exciting. one emerging talent among the women? >> well, she is still very young, but she has been on the tour for quite some time. we're seeing big surge of asian players. as you know, a lot of korean players. as a matter of fact, 30 of the top 100. it has really become a global game. right now, she has won a lot of
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tournant. it was fun to see stacey louis. the american at the tooor a few weeks. that is creating a little buz and maybe they will come back. i think overall the lpga is in a healthy state of the moment. gerri: the stock a little bit about the academy in what you're doing. how is the working of? >> and i stepped away. it is four years ago. busy with a lot of different things to be doing very well. the time of year when people want to tune in their games. we focus a lot on the league players. we also focus on the juniors. we have three junior tournants around the world. i'm sure you read recently about the on the awards. it will be given out to the best collegiate female golfer in t country. an award for boys for over 41 years, but not for the girls. it's about time that we encourage and inspire the young girls as well.
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a collegiate event. rri: yet to bring that back. > it's going very well. i'm lucky to have my foot in the game. gerri: i think he should, when you get the wner, come back on the show and introduce her. >> you got it. i would love to. like i said, have not had an award like this. this will hopefully inspire them . we talked about the women's game. here's another way keep them in the game. gerri: the moment of truth. we will analyze my swing. be kind. be gentle. >> i have seen your plate. this when you send me, it looks od overall. you have a very good tempo, very balanced. i love you finished. standing down the left side, like to point of the positives. if i can give you a few pointers , little bit of a torquing your backswing. among those you can see that.
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just kind of standing still. if you want some power you have to use your legs, turn more on the bks when they get the club moving forward. gerri: rotation. >> allow people think that you grip the club into swing in with your arms. like a said, you need a little bit of torque the train your hips and the shoulders just to give them a little extra club head speed which usher you're looking for, some distance. gerri: i love distance. thank you for coming on the show. i just really appreciate your time. come back with your new junior winner. >> you got it. i love your show. gerri: thank you so much. when we come back, we check in with lou dobbs. later, and clear explanation confusing test results, long waits, and the biggest gripes against doctors. ♪ >> president obama, all government, all the time. job creation in taxes were it is
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all private enterprise all the time. the irony here. the irony here. 9:20 a.m. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i neehelp selling art. [ male announcer ] from broadband to web hosting to mobile apps, smallusiness solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪
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♪ gerri: the obama administration and the brady campaign along with the permission of the liberal mainstream media. they want you to believe gun violence is rising and threatening the fabric of our society. but fbi crime statistics don't cooperate with the administration's message. gun violence is actually down. lou dobbs pointed that out. >> all of it is great news. those who want to get constrain our rights to bear arms, who want to the restrict our second amendment rights. that makes us think, you probably will be hearing a lot about this report.
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this liberal media. this crazy countfactual mpaign going against the cond amendment. gerri: great stuff. lou joins me now. >> finally getting that hearing as they take place about what happened in benghazi. winos senior officials in the obama administration tried to say the lives of ur americans. the witnesses today compelling that testimony. they give us some important annwers. they left a lot of very big questions unanswered, as we suspected. among those questions, why did the administration blamed the attack on a youtube video that was insulting. why did they do that?
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the president himself said that debate. analysts said it was a terrorist attack. a campaign to deny that for weeks. that is what the house oversight committee is all about. they beganhat process today. gerri: it wasascinati teimon judyou he onheho >>ne theostmpta niorembe of e commiee, meer othe cmiee. soemr the budge commite. eigherric plicernt. mayogointo b talng about e anerat ati be ug. heilllso be up about this record in the market. professor bob kaplan. written a terrific new book on how to realize our potential. all of that coming into the top of t hour. gerri: and ready to realize my tential. thanks for coming on. good to see you.
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now on to this day in business history way backn 1976. the world's first modern roller coaster opene called the great american revolution and the first custard have a 360-degree loop. an instant landmar the two-minute custer not only features its famous article lips but twists, turns, and and 80-foot drop. more than 0 theme and amusement parks and more than one dozen toasters. the world's first modern roller coaster, the feature a vertical loop. the revolution up toda may 8th 37 years ago. but he did know that. @%ill to come, my "2 cents more." the national institute of health. forever waiting in your doctor's office before you get checked out? your not alone. the most common gripes. ♪
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your business is more reliable - secure - agile. d with responsive, dedicated support, we help you shinevery day of the week. gerri: temperatures are rising. we're bringing down the biggest gripes that patients have and
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♪ gerri: visits to the doctor's office can be downright painful. i don't have to tell you that. "consumer reports" is taking a look at some of the most grape- were the complaints patients have when it comes to the doctor. a senior projects editor joins me now. less talk about some of these
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big gripes starting with when doctors talk about your problems in front of other people. what is up with that? >> recreat consumer reports, e meter where we take the pulse of the american public on what irritates them about things like their doctor visit, customer service and one of the biggest problems that people have without a doubt is when they discuss your personal medical issues within earshot of other patients. women in particular were turned often irritated by that. i know that personally get the cold sweats when i hear that because i feel like i'm being violated. gerri: well, long awaits. i can relate to all of that. next on your patient crip meter. early discharge. >> we have heard a lot about that command a lot of this came to the floor when women were having -- they had vasectomies. been dismissed or ride out the
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hospital within a day. the same thing with women who had children and that is when this issue of. >> is charged came into the public view. it is still an issue. again, women are more sensitive than men. it really don' like it when their discharge from the hospital, what they feel is to send gerri: billing disputes has to be up there. >> we all feel very uncomfortable discussing money with a doctor. doctors are often very get a hiring tenacious people who have to deal with the running of the office in bills. and difficulty in resving billing disputes was one of the leading problems. i think it's because people feel very uncomfortable having to talk about their complex issues because they're dealing the law for most people, with insurance to its related problems. people juston't know and get that done and run into a lot of roadblocks. gerri: hard to get an appointment. you can feel -- the doctors want to spend ten minutes with you,
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if that. that is a long visit. >> the average visit is between ten and 20 minutes. you have an awful lot to squeeze into that very enough time. one of the big complaints wasn't just getting a appointment. getting an appointment when your help. people really say that is one of my biggest problems. one second want to see you. with the core position of some much of our medical treatment we have big offices with troops, it has even gone more difficu because you kind of feel like you're being shunted. gerri: absolutely slow test results. >> that was way up there. let's face it. we are on pins and needles only after in a medical test results. i know my doctor in particular says i'm not going to college you. what you call me. in the column. no, they did come in yet. you're on pins and needles. to wait for that critical formation is really off-putting. gerri: a lot of people think that they are not getting clear
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explanations from the doctors. it's like they're hedging. they don't really want to answer the question. >> that is a key point, and it was the number one gripe when they get -- patients get fuzzy or unclear explanations of a medical condition. i can't tell you how many times i personally have come back from the doctor. did you hear what he said? did he say what was wrong with the? no, he didn't. this is a big problem. it's not just me are you. it's all of us. gerri: my mother once complained to her doctor about the amount of time she was spending with her, and she got results. it may have some use for people out there don't like the way they're eated. they can't complain and get some assistance. >> absolutely. you can complain. here is what you do, prepare a list of questions in advance. prioritized. prioritize and raise your big three or four concerns first.
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explain your sentence clearly and gently interrupted dr. if they are not -- if you feel your not being heard. i can't tell you how many times that happened. take a family member or friend with y. can be helpful. "consumer reports" says a lot of our doctors,edical folks that work here tell us, because you are on edge are not thinking clearly when you're with your doctor, you want somebody alongside you who can be the voice of reason and asked a question to you for it. gerri: we have to go. it makes sense to touchour doctor it directly. take notes. thank you for being with us. the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actuay use,
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you never miss the fun. beard growingonte and go! ♪ win! what's in your wallet?
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win! all stations come over to mithis is for real this time. step seven point two one two. rify and lock. mmand is locked. five seconds. three, two, one. standing by for capte. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. gerri: finally tonight, once again washington wasting our taxpayer dollars. this time you can think the national institutes of heah did more tha$400,000 have been awarded a research project
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developing underwear that senses cigarette smoke good yes and i said underwear did the goal is accurately measure whatn and how often people smoke and how deeply they inhale. with your hard earned money, they are inserting a sensor in your underwear to monitor you bid a computerized health report will tell you how much you smoke, as if you alread alreadyt no. she and a regular smoker know how much this mocha looking at their cirette packs? this is an example of the out-of-control spending did that is my two cents marketed coming up friday, fox business will spend thday on the business of real estate. we will be joined by a host of "flip this house" answering the question, how did you do tha
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thank you for joining us, have a great night, and we will see you ght back here tomorrow. ♪ lou: hello, everybody, and thank you for being with us. bombs shell testimony from witnesses testified in front of the house oversight committee today. the number two diplomat in libya at the time of those attacks, gregory hicks, libya's regional security coordinator eric nordstrom, and state department visual mark thompson all contradicted the white house's versn of what took place that day and the white house explanation of its response in the days and weeks that followed did congressional investigators learning key details that have not been publicly obama administration.

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