A survey from Humana indicates that on average Medicare beneficiaries spend 22 hours making a decision on Medicare choices, including selection of a Medicare Advantage plan. About 64% said that quality and keeping their current physician were the most important factors in their decisions.
http://humana.newshq.businesswire.com/press-release/many-medicare-beneficiaries-spending-nearly-24-hours-researching-and-selecting-their-mA new CBO report finds that raising the Medicare eligibility age to 67 would only save around $2 billion a year for the next ten years, but that is because it assumes that Medicaid and subsidies under the reform law would have to pick up much of the cost for the 65 and 66 year olds who couldn't enroll. The real savings is actually over $60 billion in that period. Raising both the social security and Medicare eligibility age is inevitable and the right thing to do, as life expectancies and ability to work have both grown significantly since enactment of the laws.
http://www.cbo.gov/publication/44661A paper from the National Bureau of Economic Research explores the relationship between changes in Medicare reimbursement and private health plan provider payments.
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Medicare reimbursement has been problematic for hospitals, as growth in payments has been very slow and in some cases, reduced. A study in Health Services Research looks at hospital responses…
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Two articles in Health Affairs discuss the potential impact of Americans living longer on health spending.
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Research published in the Journal of the American Medical Association finds that it cost less and quality was as good for Medicare beneficiaries who were cared for in accountable care-type…
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A Congressional Budget Office working paper examines the recent slowdown in Medicare spending growth and finds it may be somewhat attributable to a large influx of younger beneficiaries, who have…
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An analysis performed for CMS looks at the effect of narrower pharmacy networks with preferred providers for Part D plans, finding that generally these networks had lower spending.
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Whatever government reimbursement mechanism is used, the affected providers are likely to change behavior to maximize their economics, as reflected in an Office of Inspector General report on observational hospital…
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