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How a Penny-a-Day Plan Invented Hospital Insurance
Nicholas Gatorano Nicholas Gatorano

How a Penny-a-Day Plan Invented Hospital Insurance

Dallas, 1929. Hospital bills were unpredictable, and one administrator floated a radical idea: pay roughly a penny a day and your hospital stay is covered. That tiny payment changed American healthcare—launching the blueprint for modern hospital insurance and, eventually, the Blue Cross movement.

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Weiss Memorial Hospital Shuts Down, Leaving Uptown Without Key Care
Nicholas Gatorano Nicholas Gatorano

Weiss Memorial Hospital Shuts Down, Leaving Uptown Without Key Care

Chicago’s Weiss Memorial Hospital, a long-standing fixture in the Uptown neighborhood since the early 1950s, is facing a major shutdown. As of August 2025, Medicare payments have been revoked due to safety violations and unresolved infrastructure issues—delivering a potentially crippling blow to the hospital and the community it serves.

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Elkay Plumbing Products to Shut Down Savanna Factory
INDUSTRY Nicholas Gatorano INDUSTRY Nicholas Gatorano

Elkay Plumbing Products to Shut Down Savanna Factory

Elkay Plumbing Products announced the closure of its Savanna, Illinois factory in Spring 2025, cutting 135 jobs. The decision, driven by manufacturing consolidation and cost pressures, delivers a major economic blow to the small rural community and highlights broader trends in U.S. industrial restructuring.

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The Supreme Court, Medication Abortion, and the FDA
INDUSTRY Nicholas Gatorano INDUSTRY Nicholas Gatorano

The Supreme Court, Medication Abortion, and the FDA

The Supreme Court is poised to make crucial decisions regarding medication abortion and the authority of the Food and Drug Administration (FDA). These decisions have significant implications for women's health, regulatory power, and the availability of abortion services across the United States.

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Medicaid Redeterminations and Their Impact on Insurers
INDUSTRY Nicholas Gatorano INDUSTRY Nicholas Gatorano

Medicaid Redeterminations and Their Impact on Insurers

As the process of Medicaid redeterminations begins, major players in the health insurance market are experiencing significant impacts. Companies like UnitedHealth, Centene, and others are adapting to these changes, which affect millions of Americans and the stability of the insurance market.

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