Non-compliance has several causes, but recent years have seen patients assuming a greater share of healthcare costs, likely fanning the flame.
Category: Healthcare Finance News
HIMSSCast: CMS price transparency rule, telehealth parity laws, and healthcare consumerism
The HFN team discusses some recent pieces of news from federal and state governments, and speculates on how these developments might fit into a more patient-centric healthcare future.
Benefit design, higher deductibles will increase bad debt for hospitals
Legislative proposals could reduce bad debt, but would likely introduce additional complexity to billing processes.
ACA open enrollment picks up in week 3, but is still a 13% drop over last year
Week 3 of 2020 open enrollment sees 26% fewer signups then in 2017, when there were two additional days to enroll.
Majority of parents say socioeconomic factors negatively impact their families’ health
Most parents believe they have the resources to raise healthy children, but significant hurdles can pose a persistent challenge.
Humana’s Medicare Advantage value-based programs reduce healthcare costs by $3.5 billion, report shows
Humana’s revenue is projected to increase on 17% rise in MA membership and premium increases, but return of HIF reduced workforce by 2%.
Premiums, deductibles eating up more of employees’ incomes, finds Commonwealth Fund
In 18 states, the average health plan deductible is now 5% or more of income, meeting the threshold for underinsurance.
AHA and CVS Health are behind pharma bashing radio ads, says STAT report
CVS Health says it provided funding to help counter the hundreds of millions of dollars the pharmaceutical industry has spent.
Millennials more likely to turn down healthcare due to cost
This is partly a byproduct of cost variations, and a lack of trust in the care they’re receiving.
American Medical Association calls for ban on e-cigarette and vaping products
The agency also called for research funding to study the safety and effectiveness of non FDA-approved e-cigarettes for tobacco cessation purposes.
