Health Care Spending Approaches 20 Percent of GDP

An analysis by the Health Care Cost Institute (HCCI) of nationwide health care spending for enrollees in employer-sponsored insurance plans shows that expenditures rose 44 percent from 2007 to 2016, putting health care on track for a 20-percent slice of Gross Domestic Product (GDP) within 10 years. Spending averaged a 4.1-percent annual growth rate during […]

Read the rest of this entry »
GoTo top Top

After 10-Year Decline, Employers Offering Health Insurance on the Rise

Snapping a decline that began in 2008, employers are more and more offering health insurance to their employers, according to the Employee Benefit Research Institute (EBRI). In 2017, nearly 47 percent of employers offered health insurance, rising from 45.3 percent the year before. In 2008, the percentage before the long decline stood at 56.4. The […]

Read the rest of this entry »
GoTo top Top

CMS Cuts Obamacare Navigator Funding from $36M to $10M

The Affordable Care Act (ACA) Navigator program, which funds groups and individuals to help walk people through the Obamacare sign-up process, is being cut financially once again by the Trump administration, this time from $36 million to $10 million. In 2017, funding stood at $63 million. Regardless of the federal outlay, the Navigator program has […]

Read the rest of this entry »
GoTo top Top

Las Vegas Chamber Reviving Its Association Health Plan

The Las Vegas Metro Chamber of Commerce is reviving its once-thriving association health plan (AHP) under new rules released by the Department of Labor (DOL). Prior to the Affordable Care Act (ACA), the chamber’s AHP served  some 20,000 members for nearly 30 years but was forced out of business because it didn’t meet the new […]

Read the rest of this entry »
GoTo top Top

U.S. to Spend $685 Billion on Health Care Coverage for Those Under 65 in 2018

The federal government subsidizes health insurance for most Americans through a variety of programs and tax provisions. In 2018, net subsidies for non-institutionalized people under age 65 will total $685 billion, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) estimate. That amount includes the cost of preferential tax […]

Read the rest of this entry »
GoTo top Top

House Farm Bill Contains Funds for Rural Association Health Plans

Tucked inside the massive House farm bill now under consideration is a measure to help fund rural association health plans to the tune of $65 million over four years, to be doled out at the secretary of Agriculture’s discretion. Under the bill, starting next year, the secretary  could grant up to 10 loans of no […]

Read the rest of this entry »
GoTo top Top

HHS, DOJ Turn Up the HEAT* on Health Care Fraud, Recover $2.6 Billion

Health and Human Services Secretary Alex Azar and Attorney General Jeff Sessions today released a fiscal year (FY) 2017 Health Care Fraud and Abuse Control Program report showing that for every dollar the federal government spent on healthcare related fraud and abuse investigations in the last three years, the government recovered $4. Additionally, the report […]

Read the rest of this entry »
GoTo top Top

CMS Cites Cost Effectiveness of 2018 Obamacare Open Enrollment

The Centers for Medicare and Medicaid Services (CMS) has released its final report on the 2018 open enrollment period for Affordable Care Act (ACA, or Obamacare) policies, touting the cost effectiveness of the new approach. In 2017, CMS spent $100 million in advertising and promotion for open enrollment, coming out to $11 per enrollee; in […]

Read the rest of this entry »
GoTo top Top

Iowa to Launch Association Health Plans: Will Others Follow?

A bill has landed on Iowa Gov. Kim Reynolds’s desk that will enable small businesses to band together to form association health plans that are exempt from the requirements of the Affordable Care Act (ACA). She is expected to sign it. The bill merges two legislative efforts to sidetrack the ACA and provide less expensive […]

Read the rest of this entry »
GoTo top Top

Driven by Drug Costs, Health Care Spending Ratchets Up

The price of health care in the United States shot up 2.2 percent in February compared to 1.6 percent overall annual growth in 2016 and 2017, according to statistics gathered and released by health care consultancy Altarum. The lowest annual growth rate — 1.1 percent — came in 2015. At the same same, hospital prices […]

Read the rest of this entry »
GoTo top Top