RSSCategory: Insurance

Drugmakers’ money-back guarantees: an answer to rising prices or a ‘carnival game’?

Drugmakers’ money-back guarantees: an answer to rising prices or a ‘carnival game’?

There is scant evidence this new approach lowers costs. Pharmaceutical companies still set the drug’s list price and have to agree to the criteria upon which they will be measured. Moreover, the savings don’t always trickle down to consumers.

July 10, 2017 | By | Reply More
Why market competition has not brought down health care costs – Viewpoint

Why market competition has not brought down health care costs – Viewpoint

Compared with Canada’s single payer system, American doctors and hospitals have nearly twice as many administrative staff workers. So whether the ACA remains in force or it’s replaced by something else, I believe we won’t be able to control health costs until we revamp the system with something like single payer.

July 10, 2017 | By | Reply More
Health Care Sector Will Lose Nearly 1 Million Jobs; Most Medicaid Expansion States Will See Deeper Economic Losses

Health Care Sector Will Lose Nearly 1 Million Jobs; Most Medicaid Expansion States Will See Deeper Economic Losses

If it becomes law, the draft Better Care Reconcilliation Act proposed by the U.S. Senate could cause an estimated 1.45 million jobs to disappear by 2026 and trigger an economic downturn in all but one state.

July 6, 2017 | By | Reply More
What tax breaks? Those promised in GOP plans go mostly to top 1%

What tax breaks? Those promised in GOP plans go mostly to top 1%

There’s much talk on Capitol Hill about the tax cuts included in the Republican health plans, but unless you are a frequent user of tanning beds or have personal wealth that puts you in the top 1 percent, you might not feel much effect from them.

July 5, 2017 | By | Reply More
Safe under the ACA, patients with preexisting conditions now fear bias

Safe under the ACA, patients with preexisting conditions now fear bias

With the protections of Obamacare in place, physicians in recent years have urged patients to be screened for a variety of diseases and predisposition to illness, feeling confident it would not affect their future insurability. But the results recorded on patients’ charts could haunt them, experts say.

June 30, 2017 | By | Reply More
For Millennials, both good and bad news in Senate’s GOP health bill

For Millennials, both good and bad news in Senate’s GOP health bill

The proposed legislation also would retain a popular Obamacare provision that allowed young adults up to age 26 to stay on their parents’ insurance. But the bill in its current form also could dramatically reduce health coverage and care for other young adults.

June 28, 2017 | By | Reply More
Analysis: Mitch McConnell plans to hide Trumpcare’s pain until after midterms

Analysis: Mitch McConnell plans to hide Trumpcare’s pain until after midterms

Senate Majority Leader Mitch McConnell is well aware of the political peril of taking health benefits away from millions of voters. But McConnell’s bill offers a solution: go ahead and repeal Obamacare, but hide the pain for as long as possible.

June 28, 2017 | By | Reply More
CBO deals blow to Senate health bill with estimate of 22 million more uninsured

CBO deals blow to Senate health bill with estimate of 22 million more uninsured

Senate Republicans’ legislation to overhaul the Affordable Care Act would leave an additional 22 million people without health care coverage over the next decade and cut the federal deficit by $321 billion, according to a Congressional Budget Office analysisreleased late Monday.

June 27, 2017 | By | Reply More
‘Coverage gap’ for poor may end – but many will still have trouble affording plans

‘Coverage gap’ for poor may end – but many will still have trouble affording plans

Republicans claim their bill includes a fix for the so-called coverage gap left more than 2.5 million people living below the poverty line of $11,880 for an individual ineligible for Medicaid or financial assistance to buy insurance — even as higher earners got subsidy checks to buy theirs. But experts say the fix, which looks fine on paper, is a mirage.

June 25, 2017 | By | Reply More
Winners and Losers: 40 is old in Senate GOP health plan’s subsidy structure

Winners and Losers: 40 is old in Senate GOP health plan’s subsidy structure

About 85% of the nearly 10 million consumers who enrolled in coverage last year through federal and state marketplaces received financial assistance. Under the Senate plan, some could pay less in premium costs, but many, particularly older Americans, could see their share of payments go up. And let’s be clear — you’re old at about 40.

June 23, 2017 | By | Reply More