||Investing in Firefly Health
||... with efficient, tech-enabled upstarts that perform high-resolution underwriting and automated claims processing, real-time payments and modular network management, and multi-channel member engagement. This is all in response to the untenable healthcare cost trends we‚Äôve experienced over the last decade, during which family insurance premiums rose more than 54%, and deductibles more than 160%.We‚Äôve written before about the critical importance of primary care in ...
||What You Need to Know About the Trump Administration's Final Rule on Transparency in Coverage
||... care for treatments and procedures and to support cost-conscious decisions about healthcare services. The administration views increased price transparency as an important lever to promote stronger competition, drive down prices, and impact increasing healthcare cost trends .The new rule will affect patients with commercial insurance, through either employer or individual coverage, on non-grandfathered plans. Beginning January 1, 2023, insurers will be required to provide these members with a ...
||Cost of cancer continues to rise as new drugs come to market and existing drugs expand treatment options;
||... for cost reduction, such as improper prescription amounts, billing errors, or changes in treatment settings that not only reduce cost but better accommodate the patient. Further analysis of the stop-loss research and current healthcare cost trends can be viewed in a recent webinar conducted by Sun Life. That and other webinars, including important information on COVID-19, can be found here . For the full report analysis, register for our ...
||BCBS companies enter multiyear data-sharing deal with HCCI
||Becker's Hospital Review
||... Intelligence will share medical and pharmacy claims data from more than 190 million Americans with the HCCI. The HCCI will use the expanded data to help employers, federal officials and the public better understand healthcare cost trends .The partnership comes after UnitedHealthcare stopped sharing data with the HCCI. When the decision was announced in January, a spokesperson told Becker's that ongoing evaluation of its research-focused partnerships influenced the decision. More ...
||Most nations grappling with increased healthcare cost trends
||Most nations grappling with increased healthcare cost trends Author share Dive Brief: The United States is not the only nation whose healthcare systems are under considerable price and inflation pressures, a new global medical trend rate report from Aon concludes. The gross global medical trend price increase will average 8% in 2020 (including general inflation), up from 7.8% this year, researchers found. General inflation will be be 3.1% next year ...
||Healthcare Cost Trends Not Looking Good
||A Week In The Worst Health Care System In The World » Healthcare Cost Trends Not Looking Good Medical trend continues to outpace general inflation. Those plan sponsors who abide by the law of civil obedience continue to fund the health care beast’s insatiable appetite while others are taking a different approach. The later have solved health care……….they have stopped feeding the beast………… Healthcare Cost Trends Not Looking Good The ...
||6 considerations before signing a value-based payment contract
||Becker's Hospital Review
||... contract and accept risk, how are you performing in terms of quality, consumer experience and appropriate utilization? That's where the costs come in. How well do you know your provider network? What are your healthcare cost trends ? Then you take the information learned about both the patient populations and about providers, and that's what informs your contract strategy," she said. For hospitals adopting alternative payment models with risk-based revenue ...