Category: Health Costs
Some states back hospital mergers despite record of service cuts, price hikes
In much of the country, a single hospital system now accounts for most hospital admissions.
Health disparities cost to U.S. economy tops $450 billion a year
Most of the economic burden for racial and ethnic disparities was borne by Black/African American population (69%) due to the level of premature mortality. Native Hawaiian/Pacific Islander ($23,225) and American Indian/Alaska Native ($12,351) populations had the highest economic burden per person.
‘Grotesque Catch-22’ – Sickest Rural Adults Are the Least Likely to Be Able to Pay for Healthcare
Research on cost barriers to health care found that rural adults were more likely than urban adults to report being unable to pay their medical bills or have problems paying their medical bills. Rural adults also were more likely to use medications in ways not prescribed (like taking pills every other day or only filling prescriptions every other month) to save money on medication.
How Cigna Saves Millions by Having Its Doctors Reject Claims Without Reading Them
A Cigna algorithm flags mismatches between diagnoses and what the company considers acceptable tests and procedures for those ailments. Company doctors then sign off on the denials in batches, according to interviews with former employees who spoke on condition of anonymity.
Eli Lilly is cutting insulin prices and capping copays at $35 – 5 questions answered
High insulin prices have not earned any U.S. manufacturer many friends, with list prices increasing 54% from 2014 to 2019. Most troublingly, an estimated 1.3 million uninsured people with diabetes and patients with inadequate insurance have resorted to rationing their insulin. Skipping doses because of high insulin prices has sometimes had tragic and even deadly consequences.But growing competition has shaken up the insulin market in recent years.
Surprise-Billing Law Loophole: When ‘Out of Network’ Doesn’t Quite Mean Out of Network
Referred to Swedish Maternal & Fetal Specialty Center – First Hill for pregnancy complications, Danielle Laskey, a registered nurse, was surprised with a $120,000 hospital bill.
More States Are Doing What They Can to Cap Insulin Costs
In response to the steep rise in out-of-pocket costs for insulin over the past two decades — enough to compel many diabetic patients to ration their use of the medicine — nearly two dozen states have passed measures in the past few years capping the out-of-pocket costs for some patients.
Get help paying for prescriptions
Many Washington residents need help paying for prescription drugs. The Washington Prescription Drug Program (WPDP) offers a state-sponsored program to provide savings to Washingtonians through the ArrayRx discount card.
Many Patients Can’t Afford Health Costs Even With Insurance
Many Americans have policies that only provide limited financial protection, to the point that many patients report forgoing needed medical care or prescriptions to avoid being hit with punishing out-of-pocket costs.
In America, Cancer Patients Endure Debt on Top of Disease
Cancer kills about 600,000 people in the U.S. every year, making it a leading cause of death. Many more survive it, because of breakthroughs in medicines and therapies. But the high costs of modern-day care have left millions with a devastating financial burden. That’s forced patients and their families to make gut-wrenching sacrifices even as they confront a grave illness.
New Safeguards May Help Those Who Are Drowning in Medical Debt
Patient advocates and some state governments say hospitals must do more to help patients deal with medical bills before the debt winds up in collections.
Frustrated With Delays, Doctors Take Aim at Prior Authorization
Doctors have long asserted that prior authorization — the need to get approval from the patient’s insurer before proceeding with treatment — causes delays that can hurt patient care. Prior authorizations also exact a toll on doctors, who say the paperwork has gotten out of hand.
Nonprofit drugmaker Civica Rx is taking aim at the high insulin prices harming people with diabetes
Civica Rx, a non-profit that manufactures generic drugs, is planning to produce generic insulin for a price of no more than $30 for a month.
Jaw Surgery at Swedish takes a $27,119 bite out of Seattle man’s budget
He thought his new insurance was like his older plan but Swedish Medical Center billed him $27,119 for a second, follow-up surgery.
U.S. health system ranks last among 11 high-income nations, study finds.
Remarkably, a high-income person in the U.S. was more likely to report financial barriers than a low-income person in nearly all the other countries surveyed: Australia, Canada, France, Germany, the Netherlands, New Zealand, Norway, Sweden, Switzerland, and the U.K.