The Health Care Cost Initiative releases its 2014 commercial health plan spending report.
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A Government Accounting Office report finds, surprise, surprise, that we are likely wasting billions of dollars in the reform law's Medicaid expansion.
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According to an Advisory Board survey, providers are requiring more upfront payment of cost-sharing amounts by patients, largely as a result of the growth of high-deductible plans.
http://www.prnewswire.com/news-releases/high-deductible-health-plans-propel-sweeping-change-in-how-providers-collect-for-care-300167851.htmlCMS released findings for the latest year of hospital value-based purchasing, indicating that based on 2014 performance, for 2016 payments 1800 hospitals will get some "bonus" reimbursement. Note, however, that the bonus is after everyone had their payment docked 1.75% to fund the program. Only a few hospitals will see an actual increase in payment from what the baseline would otherwise be. For the vast majority of hospitals, the net effect is very minor.
https://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-10-26.htmlOverall and health care venture activity appears to be slowing, based on third quarter 2015 statistics.
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In a report indicating just how pathetic the controls in the reform law are for protecting Medicaid and the subsidy program from fraud, ten of ten fictitious people created by the Government Accounting Office were able to incorrectly obtain either Medicaid coverage or a public exchange subsidy. Your tax dollars at work.
http://www.gao.gov/products/GAO-16-159TIn a finding consistent with common sense and standard economic theory, research published by Health Affairs finds that more physician concentration in an area means higher prices for physician services.
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Although they attempt to hide it in a blizzard of other numbers, HHS revealed that the average premium on the federal exchanges for benchmark plans will go up by 7.5%. Yep, we are all enjoying that 10% premium reduction that the reform law was going to bring. And we all got 7.5% income increases for next year too.
A McKinsey analysis looks at Medicare Advantage Plans Star ratings for 2016.
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An outstanding economic paper published by the National Bureau of Economic Research explores in some complexity the overall effects of a high deductible on consumer behavior. A must read.
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An analysis from HealthGrades reports on variable quality among hospitals in the same geography.
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