Tag: healthcare

Health insurance rates are on the rise in Ohio

H. Cutner
Ohio Health Insurance Exchange

Residents of the state are projected to see higher bills every month to continue their coverage. According to the latest analysis from the Ohio Department of Insurance, the residents of the state will likely have to pay more money than they currently are for their health insurance coverage once the exchange goes into place. In fact, in some cases, the costs could be significantly higher, depending on the coverage selected. This could mean that people who choose to buy their health insurance through the state run online marketplace could find…

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Healthcare costs for individual patients are dropping

healthcare reforms quality and cost

Though medical spending is on the rise, the amount paid from consumer pockets is falling. According to data released regarding consumer driven national healthcare spending in 2011 – the most recent complete year that this information is available – while the total amount that is actually coming out of the patient’s pocket is shrinking. These new figures from the government show that Americans are paying less for their medical costs. This is the case, despite the fast growth of health insurance with high deductibles, and the increasing employee contributions to…

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Healthcare study identifies possible savings of $2 trillion over 10 years

health insurance market stability

The researchers are now calling for a new spending target that may be highly effective. According to a study that was just released on Thursday, the United States would be able to save $2 trillion from its spending on the healthcare system over the next 10 years if the federal government would help to influence the rapidly increasing costs in both the public and private sectors, so that they would more effectively align with economic growth. The study was conducted by the Commonwealth Fund, a nonpartisan group. In the report…

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Health insurance exchanges a go in 18 states

Dan
Vermont Health insurance exchanges

Sebelius announces 18 states are pursuing health insurance exchanges Department of Health and Human Services Secretary Kathleen Sebelius has announced that 18 states are planning to develop and operate their own health insurance exchanges. All states were required to submit their formal plans for an exchange program by December 14. According to Sebelius, the number of states that are building their own health insurance exchanges aligns with the predictions of the Department of Health and Human Services. Though the deadline has passed, states still have the opportunity to develop their…

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Insurance news from Ghana may send health system into bankruptcy

World Bank Building pandemic Insurance fund News

A study from the World Bank has shown that this could occur as early as 2013. The World Bank has released the results of their latest study, which has revealed the devastating insurance news regarding Ghana’s health coverage system and its direction toward bankruptcy in 2013. As soon as next year, the National Health Insurance Scheme (NHIS) could be bankrupt. The insurance news report stated that “the system has serious structural and operational inefficiencies and is on a trajectory to go bankrupt as early as 2013.” It went on to…

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Health insurance law secured by Obama victory, but states still in control

President Barack Obama health insurance

The survival of the healthcare reforms may have been ensured, but each state will have a say. The re-election of President Barack Obama has been a major step to keep the federal health insurance reforms in place, but it will still be up to the states to decide how those laws will be carried out. The officials from predominantly Republican states will still have an important say. The reforms to the healthcare systems give state lawmakers the control over whether or not millions of people without coverage will be able…

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Bay Area Council Unveils Roadmap for Creating a High-Value Healthcare

Guest Author

SAN FRANCISCO, CA – The Bay Area Council today released its “Roadmap to a High-Value Health System ,” which outlines a series of concrete strategies for leveraging California’s power as an innovator to control rising healthcare costs for business and individuals. The Roadmap will serve as the foundation for the Council’s ongoing engagement with healthcare reform implementation, value-based healthcare purchasing by Bay Area businesses, and health system transformation. “Reigning in rapidly rising healthcare costs is critical for maintaining the competitive edge of Bay Area and California businesses in our global…

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