11. Recent Quarterly Posting: The April Reviewby admin on 08/12/2019 1:53 AM
Greg Scandlen explains the irrationality of the individual mandate.
In general, Deloitte observes that industry transformations occur in three seven-year cycles. Health care organizations—and thus health plans—appear to be no different.
Valuing only hours lost during the average work week, the estimated cost of waiting for care in Canada for patients who were in the queue in 2018 was about $2.1 billion. This works out to an average of about $1,924 for each of the estimated 1,082,541 Canadians waiting for treatment in 2018.
Cloud of secrecy’ in Medicare Advantage plans can create an environment for fraud.
People just need catastrophic coverage and don’t need to pay high premiums for basic, everyday care which is far less than total complete insurance. Office visits and routine care cost more with total insurance than by paying cash.
The U.S. government claimed that turning medical charts into electronic records would make health care better, safer and cheaper. Ten years and $36 billion later, we became aware that the digital revolution had taken a very bad turn.
Health Savings accounts were proposed in the couple of decades. But they were poorly understood. The combination of a savings account with the desperation of healthcare costs was likely the reason for the lack of understanding.
Review of the recent HPUSA Quarterly.
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