Healthcare Spending

Payers Recommend Actions To Promote Biosimilars, Drug Competition

by Kelsey Waddill

The Food and Drug Administration (FDA) and Federal Trade Commission (FTC) can streamline the biosimilar approval process and adopt other strategies to promote biosimilars and lower healthcare spending,...

Member Engagement Requires Advanced Analytics, Specialized Team

by Kelsey Waddill

Member engagement strategies need to make better use of advanced analytics, be more attuned to members’ journeys of care, and culminate in a tight, dedicated team with a broad range of...

COVID-19 Projected to Drive Increased Costs for Consumers, Employers

by Kyle Murphy, PhD

A new report warns of rising premiums and out-of-pocket expenses for beneficiaries resulting from healthcare spending to combat the COVID-19 pandemic. Covered California, the state’s health...

Payer Claims, Economics, Operations Will Suffer Due to COVID-19

by Kelsey Waddill

Health payers will be exposed to claims-based, economic, and operational challenges due to the COVID-19 pandemic, according to an AM Best report sent to HealthPayerIntelligence by email. The report...

Coronavirus Out-of-Pocket Healthcare Spending May Exceed $1,300

by Kelsey Waddill

Since the beginning of the pandemic, healthcare stakeholders have guessed that overall and out-of-pocket healthcare spending for coronavirus treatment will be high. But now researchers from the...

Will MA Beneficiaries See Lower Healthcare Spending for COVID-19?

by Kelsey Waddill

Despite having generally the same level of disability as Medicare beneficiaries in a traditional fee-for-service model, Medicare Advantage beneficiaries have lower spending and lower cost burden, a...

AHIP: 3 Factors to Consider for CMS Data Interoperability Rule

by Kelsey Waddill

Reactions to the finalized interoperability rule have fallen predictably along industry lines, as payers and providers spurn the new rules but technology companies warm up to them. For more...

Challenges in Adopting a State-Based Health Insurance Marketplace

by Samantha McGrail

As several states look to launch a state-based health insurance marketplace (SBM), experts warn that policymakers should weigh the decision carefully and pursue a marketplace only as part of a...

Outpatient Costs Push Spending in Employer-Sponsored Health Plans

by Kelsey Waddill

Employer-sponsored health plans spent $5,892 per plan member in 2018, most of which went towards emergency department visits and other outpatient services, according to a report produced by the Health...

Out-of-Pocket Costs, Surprise Billing Loom as UHC, MEDNAX Split

by Kelsey Waddill

Surprise billing occurrences can become more likely when providers and payers are locked in a contract dispute, like UnitedHealthcare’s (UHC’s) dispute with MEDNAX that is set to end...

How Peer Recovery Increases Medication Adherence, Lowers Spending

by Kelsey Waddill

Update 02/21/2020: This article has been updated to reflect that Blue Cross Blue Shield of Rhode Island partnered with the Anchor Recovery Community Center (a program of The Providence Center) to...

ACA Leads to Insurance Gains, Affordable Access to Care Wanes

by Kelsey Waddill

The US has seen coverage gains over the past two decades, due in large part to the ACA. However, access to care has dropped nearly three percentage points in that same time frame because of high...

CMS: Medicare Will Cover Genetic Diagnostics For Certain Cancers

by Kelsey Waddill

Medicare will now cover Next Generation Sequencing for beneficiaries with inherited ovarian or breast cancer in order to improve their precision medicine treatment options, CMS...

Opposite Opinions on Cost of Care End Payer-Provider Contracts

by Kelsey Waddill

Two major payers were unable to seal their deals by the first day of the new year due to conflict over the appropriate cost of care. UnitedHealthcare and Houston Methodist have ended their...

BCBS MI, Provider Orgs Sign Risk-Sharing, Value-Based Contracts

by Kelsey Waddill

Blue Cross Blue Shield Michigan (Blue Cross) is initiating value-based contracts with seven major Michigan healthcare providers under their alternative payment model called the “Blueprint for...

Healthcare Expectations vs Experience: Americans Want Healthcare Reform

by Samantha McGrail

The clash between healthcare expectations and the reality of the health system leads Americans wanting healthcare reform. This presents a roadblock when the political system is resistant to change the...

AHIP Rejects Single-Payer Proposals, Upholds Current System

by Kelsey Waddill

America’s Health Insurance Plans (AHIP) submitted a statement to the House Energy and Commerce Committee opposing current single-payer proposals in the United States.* “Americans are...

Net Insurance Cost Spikes 13.2% in 2018 Due to Health Insurance Tax

by Kelsey Waddill

Health payer spending in 2018 saw a 13.2 percent increase in net insurance costs, driven largely driven by the health insurance tax reinstatement, an analysis by the Centers for Medicare and Medicaid...

Rising Premiums, Deductibles Boost Urgency of Healthcare Reform

by Kelsey Waddill

The average annual growth in premium and deductible costs for workers outpaced their median income growth from 2008 to 2018, a Commonwealth Fund study discovered. “Over the last decade, employer...

Payer Philanthropy Won’t Improve Social Determinants of Health

by Jacob Reider, MD

The concept of payer philanthropy has been getting more attention lately as a novel means of solving social determinants of health (SDoH) issues, but it’s an approach that may not be the right...