LAKE COUNTY - Starting in 2016, your Com Ed bill will be lower, according to reports that say the Illinois Commerce Commission is approving a $67 million rate decrease. Average savings per bill per month?... $1.
CHICAGOLAND - Nearly 2,000 workers will be laid off soon according to filings with the state regulators. Orbitz is moving out of Chicago, costing the city over 300 jobs. General Mills will lay off nearly 450 workers. The company said that they're closing down the Chicago plant as "part of a broader cost-cutting initiative". In other words, "We'll save a lot of money by going elsewhere!" Other smaller companies are shutting down for similar reasons.
LAKE COUNTY - Because of certain requirements in the Affordable Care Act, a federal agency is penalizing hospitals (758) nationwide for high rates of infections and injuries. Of more than 100 hospitals, 23 Illinois hospitals have failed (15 in Wisconsin). More than half are from the Chicago area. No hospitals in Kenosha County were penalized but, surprisingly, there were 3 that were on the "blacklist" in Lake County: Northwestern Lake Forest, Vista Medical Center East in Waukegan, and Midwestern Regional Medical Center in Zion. They will lose 1% of their Medicare reimbursements costing over 1/2 million dollars each. But I'm sure they'll figure out how to make that up. Since taxpayers are ultimately paying for Medicare and other government programs, we'll either be paying on the front end or the back end!