This academic survey of human resource officers at Fortune 500 companies shows that they plan to address rising costs of their health benefit programs by increasing the financial burden on their employees. Check the key findings from the survey listed above. Each one is bad news for the employees.
F.T.C. Wary of Mergers by Hospitals By Robert Pear The New York Times, September 17, 2014 As hospitals merge and buy up physician practices, creating new behemoths, one federal agency is raising a lonely but powerful voice, suggesting that consumers may be victimized by the trend toward consolidation. Hospitals often say they acquire other hospitals […]
Is All “Skin in the Game” Fair Game? The Problem With “Non-Preferred” Generics By Gerry Oster, PhD, and A. Mark Fendrick, MD AJMC.com, September 17, 2014 The new blockbuster drug sofosbuvir (Sovaldi) is offering hope to many patients with hepatitis C, but treatment is expensive and many insurers are demanding that patients shoulder a large […]
Why the Geographic Variation in Health Care Spending Can’t Tell Us Much about the Efficiency or Quality of our Health Care System By Louise Sheiner Brookings Institution, September 2014 Abstract This paper examines the geographic variation in Medicare and non-Medicare health spending and finds little support for the view that most of the variation is […]
Footing bill for insurers’ pay methods shouldn’t fall on doctors AMA Wire, September 12, 2014 An increasingly common payment method among health insurers offers these companies significant financial rewards while sticking physicians with all the associated fees and extra work. But physicians are fighting back as the AMA and other health care associations take the […]
Income checks throw Californians off health plans KCRA.com/AP,September 9, 2014 Some Californians who purchased individual health coverage through the state’s insurance exchange are suddenly being dropped or transferred to Medi-Cal, the program for the poor that fewer doctors and providers accept. The changes are occurring as incomes are checked to verify the policyholders can purchase […]
Changes in U.S. Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances Federal Reserve Bulletin, September 2014 The Federal Reserve Board’s triennial Survey of Consumer Finances (SCF) collects information about family incomes, net worth, balance sheet components, credit use, and other financial outcomes. The 2013 SCF reveals substantial disparities in the […]
Controlling Health Care Costs Through Limited Network Insurance Plans: Evidence from Massachusetts State Employees By Jonathan Gruber, Robin McKnight The National Bureau of Economic Research, NBER Working Paper No. 20462, September 2014 Abstract Recent years have seen enormous growth in limited network plans that restrict patient choice of provider, particularly through state exchanges under the […]
A Comparison Of Hospital Administrative Costs In Eight Nations: US Costs Exceed All Others By Far By David U. Himmelstein, Miraya Jun, Reinhard Busse, Karine Chevreul, Alexander Geissler, Patrick Jeurissen, Sarah Thomson, Marie-Amelie Vinet and Steffie Woolhandler Health Affairs, September 2014 Abstract A few studies have noted the outsize administrative costs of US hospitals, but […]
QuickTake: Nonelderly Workers with ESI Are Satisfied with Nonfinancial Aspects of Their Coverage but Less Satisfied with Financial Aspects By Adele Shartzer and Sharon K. Long Urban Institute, September 4, 2014 The Urban Institute’s Health Reform Monitoring Survey has been tracking health insurance coverage, including employer-sponsored insurance coverage (ESI), since the first quarter of 2013. […]
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