Thought leadership on the use of innovation to solve health care access, quality, and funding issues.
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CaliforniaChoice® announced today that it has become the first health insurance exchange in the nation to reach the 20 million member-month plateau, solidifying its position as the country’s most successful health insurance exchange for small and mid-size employers. Founded in 1996, CaliforniaChoice is a product of CHOICE Administrators®, the nation’s leader in developing and administering [...]
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Most health care experts agree that, despite federal health care reform, a great deal of work remains to be done to improve the nation’s health care system. Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ) announced recently it plans to spearhead that work in New Jersey by creating a new company with a [...]
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Blue Cross Blue Shield of Michigan today launched a new website, www.bcbsm.com/healthreform, designed to help everyone in Michigan understand how national health care reform will affect them. As Michigan’s leading health plan, BCBSM is committed to serving as a trusted source for information on reform and all issues related to health across the state. “The [...]
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The financial impact of behaviors resulting in improved health can be measured in terms of savings on both medical [such as fewer emergency room visits and hospitalizations] and non-medical [such as fewer disability days, less absenteeism and greater worker productivity] spending, Fendrick says.
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Carl McDonald of Oppenheimer and Carl Mercurio of CRG comment.
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While waiting for health insurance reform, some Americans are unsure what to do about their health coverage needs today.”
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The New York Times tackled this issue yesterday in an article by Robert Pear that attempts to explain how technically it might be possible for the Senate bill to be able to reduce the deficit by $132 billion in the next 10 years while adding nine years to the life of Medicare’s hospital trust fund.
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At the heart of this is the fact that health insurance plans will be unable to innovate.
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“Americans don’t want taxpayer funding for abortions and are opposed to a first-ever, mandatory abortion tax. Knowing this, the bill’s proponents have rushed it through the Senate at a time when Americans are focused on celebrating Christmas with their families.”
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The key point is that the savings to the HI trust fund under the PPACA would be received by the government only once, so they cannot be set aside to pay for future Medicare spending and, at the same time, pay for current spending on other parts of the legislation or on other programs.
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