Health Savings Account Balances, Contributions Grew in 2021
The average health savings account (HSA) balance increased in 2021, with most account holders contributing more money than they withdrew, according to a report from the Employee Research Benefit...Cigna’s Integrated Health Plan Reduced Care Costs for Employers
Employers saved more than $1,400 per member per year when employees enrolled in Cigna’s integrated health plan that coordinates medical, pharmacy, and behavioral benefits, according to a study...BCBSA: 6 Policy Changes Could Save $767B in Healthcare Spending
In a report and briefing, Blue Cross Blue Shield Association (BCBSA) recommended policy solutions that could help bring runaway healthcare spending under control, saving $767 billion across 10...Employer-Sponsored Health Plans Face High Costs for SUD Treatment
Employer-sponsored health plans paid $35.3 billion to cover substance use disorder treatments in 2018, a recent study published by JAMA Network Open found. The researchers used Merative MarketScan...Private Payers Reimbursed Telehealth, In-Person Care Equally in 2020
In 2020 when the coronavirus pandemic forced a major shift to telehealth and virtual care, private payers were reimbursed for telehealth and in-person care equally, research from Peterson-Kaiser Family...High Perceived Healthcare Costs Limit Coverage Access for Uninsured
High perceived healthcare costs are the biggest barrier to health insurance for the uninsured population, according to a survey conducted on behalf of Florida Blue. The online survey polled uninsured...Women with Employer Sponsored Health Insurance Face Affordability Issues
Among people with employer-sponsored health insurance, women were more likely to report being unable to afford healthcare than men, according to a study published in JAMA. In addition to facing unique...How Insulin Costs Vary Across Medicare, Medicaid, Private Plans, Uninsurance
Insulin costs vary based on insurance coverage type and coverage types that lead to high healthcare spending can force patients to ration their insulin supplies, a report from the US Department of...Understanding the Different Metal Plans in the ACA Marketplace
The Affordable Care Act (ACA) marketplace allows individuals to purchase health plans through the federal insurance marketplace or state-based marketplaces, depending on the state. HealthCare.gov offers four categories of health plans...Blue Cross MN Value-Based Contract Reduced Cancer Care Costs
Blue Cross and Blue Shield of Minnesota (Blue Cross) has announced that its value-based contract with Minnesota Oncology reduced the total cost of care for patients during the first two years of the...Sponsored Article