What Does Health Insurance Consolidation Mean for You?
Listen to this Marketplace report on consolidation in the world of health insurance. It is an interesting report, and also the first public acknowledgment that I am, gulp, a Business Professor!
Listen to this Marketplace report on consolidation in the world of health insurance. It is an interesting report, and also the first public acknowledgment that I am, gulp, a Business Professor!
Blue Cross and Blue Shield of North Carolina will offer individual health plans through new on-line exchanges ranging from $185 for the lowest-cost plan for 25-year-olds to $947 for the top plan for a 60-year old. Those rates were among those the insurer included Thursday in a preview of the plans it will look to…
American presidents have been trying to reform our health care system since at least the Nixon era, but with only limited success. Past reform efforts have failed for many reasons. For starters, the U.S. health care system is complex, with the medical industry making up almost 1/6 of our economy. But perhaps the biggest obstacle…
For most Medicare patients in United States right now, Medicare pays for hospital stays on the basis of what are called Diagnostic Related Groups or DRGs. You get diagnosed with pneumonia, and your hospital gets payment to treat a typical case of pneumonia. Name the diagnosis, and the hospital will know what it gets paid….
A recent Gallup poll shows that the percent of Americans without health insurance has dropped significantly in recent months. Here’s a picture of their findings: This drop has occurred largely in response to Obamacare – to the expansion of Medicaid in those states which went along with that provision of the law, and with the…
In the New York Times on Thursday, October 17, Topher Spiro wrote an important op-ed expressing why we need to hold onto the medical device tax that helps pay for parts of the Affordable Care Act. Spiro backs up his argument by pointing out how profitable the device industry is. To his argument I would also add the fact…
Here’s a picture from the Kaiser Family Foundation from late last year, showing what people want done to improve the US healthcare system: Plenty of work to do!