by Jordana Choucair | Dec 9, 2022 | Payers
A Mercer survey of more than 2,000 companies found that employers expect benefits costs to increase by 5.4 percent next year as health care cost rates catch-up with inflation. Still, most (84 percent) said that “enhancing benefits to improve attraction and...
by Jordana Choucair | Dec 1, 2022 | Payers
The latest Peterson-KFF Health System Tracker examines the prices for medical care compared to other goods and services. Overall, consumer prices in October grew 7.7 percent according to the Consumer Price Index, while prices for medical care grew 5 percent. The brief...
by Jordana Choucair | Nov 21, 2022 | Payers
A Kaiser Health News (KHN) investigation found that government audits of payments to Medicare Advantage plans show that there were about $12 million in overpayments in a sample of 18,090 patients. According to the investigation, the Centers for Medicare & Medicaid...
by Jordana Choucair | Nov 21, 2022 | Payers
Large employers are bracing for a very expensive year as a convergence of factors drive up health costs. Previously, employers have been able to shift some of the cost burden to workers through premium increases or high-deductible plans. However, experts predict that...
by Jordana Choucair | Nov 18, 2022 | Payers
Centene announced it will sell its Magellan Specialty Health to administrator Evolent Health (Evolent) as part of the insurer’s ongoing efforts to jettison its non-health plan businesses. Evolent will pay at least $400 million in cash and approximately $200 million in...
by Jordana Choucair | Nov 16, 2022 | Payers
A growing number of Blue Cross Blue Shield (BCBS) insurers have agreed to pay for patients to use prescription digital therapeutics, paving the way for broader coverage among carriers and kick-starting an emerging sector. At least 17 BCBS plans now offer at least one...
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