Utah Governor Gary Herbert has declared a state of emergency and implemented a set of guidelines, including a mask mandate, as COVID-19 infections surge.
The state has seen more than 2,000 news cases per day for the last week and Greg Bell, president and CEO of the Utah Hospital Association said the situation is "unsustainable."
"We've long been urging the governor to make the wearing of masks mandatory. That's been done more on a local level and hasn't hitherto been needed in rural areas, but right now, we're in it deep and we have to have some intervention," Bell told Cheddar.
While mask wearing has become a political debate, particularly in Republican-led states, Bell said Utah's legislative leadership has been "by-and-large on board."
"We're seeing two-thirds of the state or more saying 'Look it's time we got absolutely serious about this.' It can't just be a few of us. It's got to be all of us, or it's not going to make a difference," he continued.
As the number of hospitalizations in Utah continues to rise, a very real concern for many patients — and those on the fence about admitting themselves to a hospital — are the growing costs of healthcare and emergency room visits.
Yesterday's U.S. Supreme Court hearing seemed to suggest it is likely to allow the Affordable Care Act to continue to exist, even without the controversial individual mandate. However, many still question why healthcare is so expensive.
President Trump, through executive order, required medical price transparency and recently finalized a rule that requires insurance companies to disclose healthcare price points so patients can make more informed decisions before seeking medical care.
Bell and the Utah Hospital Association are fighting against that executive order, which is set to begin rolling out January 1, 2021.
"Hospital pricing is way too complex. In a way it's indefensible, but it's also a system that's been foisted on us by the federal government and the insurance companies," he told Cheddar.
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
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