This is the second in a two-part series. To read the first part, click here.
This is the second in a two-part series. To read the first part, click here.
This is the first in a two-part series.
Account-based health plans--health insurance plans paired with health savings accounts (HSA) and health reimbursement arrangements (HRA)--are the fastest growing product in the market for employer-based group health plans. There is no disputing the fact that the number of employers offering group health plan coverage to their employees has declined as the cost of providing coverage has increased. It is my opinion that account-based health plans have helped arrest this decline.
By Jay Hancock, Kaiser Health News.
Angela Wenger calls herself a self-reliant “German Midwesterner” who hates to complain. But the Wisconsin mom was dismayed when husband Dan’s employer switched to an insurance plan that increased the family’s medical expenses tenfold.
By Julie Appleby, Kaiser Health News
Nine prominent physician groups today released lists of 45 common tests and treatments they say are often unnecessary and may even harm patients.
The Patient Protection and Affordable Care Act (PPACA) has a thousand pages of moving parts, and the relatively few that have rolled out are shedding sprockets across the landscape. This is deeply worrying, given that the stability of the nation’s health care system depends on the successful construction and launch of a vast fleet of new institutions before New Year’s Day, 2014.
Number-one selling point
Just as Walmart and other retailers shook up the prescription drug business by offering $4 generic drugs, the industry now aims to apply its negotiating and marketing clout to tackle problems that vex consumers and the health sector: unpredictable costs, a lack of primary care doctors and inefficient management of chronic illnesses, whose costs drive the majority of health care spending.
How interested are consumers in the price of health care services? Results from our Consumer Opinion survey indicate that most consumers have never asked about the price of a health care service before getting care. Fewer than 30 percent asked about price in the past year. Findings like these suggest that consumers are not in the habit of inquiring about cost. Some reasons for this include: not being motivated to ask about price (because someone else pays), not feeling comfortable asking about price, or not feeling certain as to where to get the information.
Starting next March, all insurers and employers will have to make it easier for consumers faced with the ordeal of picking a health plan. Under the 2010 health law, they’ll have to provide health policy information that the average enrollee can understand and use to compare with other plans.
The 2010 health care law, the Patient Protection and Affordable Care Act (PPACA), hits small business with a barrage of inequities. Among the most egregious is the health insurance tax (HIT) launched by the law’s Section 9010.
Bundling provides incentives for providers to differentiate product and price and enables purchasers and payers to compare and contrast offerings.