"It is not possible just to have free riding on one side, when you make a good business," the French president said. (Reporting by Richard Lough, Mathieu Rosemain and Gwenaelle Barzic; Editing by Mark Potter)
Separately, China's Ministry of Ecology and Environment said on Wednesday that the number of environmental investigations and recorded infringements in the country had risen from 97,000 in 2015 to 233,000 last year, with the penalties handed out reaching 11.58 billion yuan ($1.81 billion) in 2017.
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Money withdrawn in excess of qualified medical expenses is taxed as income and subject to a 10% penalty, unless the owner is disabled or over 65. Any money in the account at death is added to the taxable estate.
When insured consumers are hospitalized, they rarely see the bill. They dont know if the insurance company was overcharged or not. There are firms that audit hospital bills for insurers and self insured companies. They get paid a percentage of what they save on the bill payer by finding overcharges, duplicate charges and the like. The last I heard these firms were still making lots of money.
FITBIT TO USE GOOGLE'S HEALTHCARE CLOUD OFFERING: Wearables maker Fitbit announced Monday that it will be using Google's Cloud Healthcare API to make it easier for the doctors to access wearable data. GoogleÂ introducedÂ its dedicated healthcare cloud offering during the HIMSS 2018 conference in March. The product aims to facilitate health data interoperability by automating the process of collecting and storing patient data and then making it easier for physicians to pull actionable insights gleaned through machine learning algorithms. For Fitbit, the move will be a step forward in its efforts to become further entrenched in healthcare delivery. The company has been looking to the health industry to help generate revenue as shipments of its fitness trackers falter. Fitbit's troves of health data are also becoming increasingly valuable to payers, research institutions, and hospital networks, looking to glean consumer health insights. Lastly, although device shipments fell YoY, Fitbit's community of active users rose 9% YoY during Q4 2017, from 23 million to more than 25 million users. This is the second cloud health deal Fitbit has made this year, following its acquisition of Twine Health in February. Twine's HIPAA-compliant platform connects consumers diagnosed with chronic illnesses, like diabetes and hypertension, with doctors and coaches. These healthcare professionals can develop lifestyle strategies and programs to help patients monitor and manage their illnesses. The addition of Google's Cloud Healthcare API and its machine learning processes will make Fitbit's health data that much more valuable to researchers, physicians, and insurers looking to leverage insights to improve healthcare delivery and accelerate precision medicine offerings.Business Insider Intelligence
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