Frequently Asked Questions
We all know that healthcare costs are skyrocketing in California.
To make matters worse, one of our local healthcare providers, Stanford Health Care, is charging patients some of the highest prices in the state, making hundreds of millions of dollars in profits every year, all while being subsidized by taxpayers and sitting on $700 million in reserves.
For example, Stanford Health Care charges 264% more than the statewide average to treat a patient for alcohol or drug abuse, 142% more to treat a patient with chest pain and 121% more to treat a patient with kidney failure, according to data from the State of California.
How much profit does a non-profit need?
We need Measure F to hold healthcare providers accountable for the prices they charge patients.
Measure F will help ensure patients in Palo Alto receive quality healthcare that is fair and affordable by prohibiting hospitals and healthcare providers from charging patients more than 15% above the actual cost of care.
What Happens When Patients are Overcharged by Hospitals and Healthcare Providers?
Under Measure F, local Hospitals and Healthcare providers must provide rebates to patients who are overcharged for their healthcare services.
Measure F doesn’t penalize Stanford Health Care – Measure F prevents Stanford Health Care from overcharging patients, capping their charges at 15% over cost of services. How much profit does a nonprofit need?
Under Measure F, healthcare providers, including hospitals, have the responsibility to supply the City with information on what they charge.
Yes, measure F includes protections so that hospitals and other providers that overcharge their patients pay a penalty that will help pay for running the program.