Archive for July, 2019

Managed Care (PPO) Prices May Be Secret No More Under Trump Proposal

Tuesday, July 30th, 2019

The end of PPO’s may be coming to an end sooner than we thought…………..

(more…)

School Gives Raises, Health Insurance Takes It Away

Sunday, July 28th, 2019

 

A large Texas school district recently approved an across the board 4- 4.78% pay raise. Or is that number really 1% before taxes? The difference goes to area medical providers in the form of higher health care costs memorialized within secretive managed care contracts crafted by third party intermediaries. If the district had taken better advice, they could have lowered their health care costs 15-25% without a reduction in benefits, thus giving their employees a significant raise this year. Other Texas school districts are doing just that………………..

(more…)

Doctors Hospital At Renaissance Flexes Political Muscle in Deep South Texas

Saturday, July 27th, 2019

“The hospital opened in 1997 and has recently become a force to be reckoned with”…………..Much has changed since the following article was written in 2009 and it hasn’t been an erosion of influence…..

(more…)

Fort Worth Projecting $11 Million in Healthcare Savings in 2019

Friday, July 26th, 2019

“Hospital systems are seen as the evil empire, and facility costs are seen as driving healthcare expenses,” Dickerson says. “So we tried to keep people from going to hospital system.”

(more…)

Watch Aetna, Blue Cross, United Healthcare & Independent TPA Give Their Sales Pitch

Friday, July 26th, 2019

The Brownsville Independent School District recently went out for Request for Proposals for TPA services for the district’s self-funded employee health plan. The four finalists include Aetna, Blue Cross, United HealthCare and one independent TPA.

(more…)

Medicare Provider Utilization & Payment Data

Tuesday, July 23rd, 2019

Mission Impossible Assignment for Plan Sponsors

Nothing is secret about health care costs although many third party intermediaries wish it so. Piecing all the data towards responsible stewardship of an employer sponsored health plan is not impossible. Reviewing managed care contracts is not impossible either. Once I was told I would never get my hands on a Blue Cross hospital contract. I did. – Bill Rusteberg

(more…)

End Surprise Medical Billing

Tuesday, July 23rd, 2019

“If Congress cannot address even obvious market failures in private health care, a federal takeover of our entire health-care sector will become that much more attractive.”

(more…)

Surgical Company Sees Big Money Opportunity In Texas

Monday, July 22nd, 2019

Each investment would be $15 million, with an estimated 30 percent return on investment each year for a decade……………..

(more…)

How The Eastern Cherokee Took Control Of Their Health Care

Monday, July 22nd, 2019

“It doesn’t look like a hospital, and it doesn’t feel like a hospital,” Kristy Nations said on a recent visit to pick up medications at the pharmacy. “It actually feels good to be here.”

(more…)

Middle Class Anger Over Health Care Costs At Tipping Point

Saturday, July 20th, 2019

American Health Care: If you’re poor it’s free, if you’re rich it’s affordable, but if you’re a middle class American you’re screwed.

(more…)

TRS Seeks TPA Services

Friday, July 19th, 2019

A quick read of the minimum requirements knocks out all TPA’s except the BUCAs. This will be a bidding war between Aetna (incumbent), Blue Cross and United HealthCare. Smart money is on Blue Cross. Sadly though, changing the logo on the I.D. card won’t solve the problem of runaway health care costs………….

(more…)

Is Texas Single Payer Government Health Plan Imploding?

Thursday, July 18th, 2019

The TRS ActiveCare program is a ticking time bomb for Texas conservatives and a point of light for Texas liberals. Unless it’s fixed quickly Texas will become a Blue State faster than a melting raspa in deep South Texas on an August afternoon.

(more…)

Texas Addresses Free Standing ER Price Gouging

Tuesday, July 16th, 2019

With the stroke of his pen, Gov. Greg Abbott signed into law some of the strongest patient protection laws in the nation to shield Texans from the financial pain and misleading practices of free standing emergency rooms, where patients face a more than 80% risk of being balanced billed.

(more…)

Why Hasn’t Texas Joined The Reference Based Pricing Revolution?

Tuesday, July 16th, 2019

In Texas, it’s almost impossible to bribe a public official as long as you report it.” That’s what political scientists call “legal corruption,” and it’s the rule by which Texas operates.”

(more…)

Feeling Lonely?

Tuesday, July 16th, 2019

Could You Be Supporting a Hidden Retiree Health Plan?

Tuesday, July 16th, 2019

A retiree health plan is when ex-employees are provided for or allowed to purchase health care through their former employer.

(more…)

Slapped in North Carolina

Sunday, July 14th, 2019

“Delay and Confuse” is one of the oldest tactics used by incumbents under attack. The North Carolina flirtation with Reference Based Pricing for their state employees is a classic example.

(more…)

Ortiz Joins RiskManagers.us

Saturday, July 13th, 2019

“Nola’s commitment to excellence and her dogged approach to problem solving fits in perfectly with our culture here”

(more…)

CarynHealth

Saturday, July 13th, 2019

When Mike Dendy is involved, it’s golden. Introducing CarynHealth……………

(more…)

Hospital Official Reacts To RBP- “Burn In Hell You Sorry SOB’s”

Friday, July 12th, 2019

Mention Reference Based Pricing to a hospital official anywhere and you may experience first hand a human meltdown unfold before your very own eyes……………….

“Burn in hell, you sorry SOBs. Your plan to cut payments to hospitals could possibly be the most moronic idea I have ever seen come out of state government, and since you retardicians have taken power, and that’s saying a lot………….poor people generally don’t vote for your party, so you want them to die.”

(more…)

Doctor On Demand Going Viral

Thursday, July 11th, 2019

(more…)

‘An Arm And A Leg’: The Full Story Of Insulin And Its Cost ― No Sugarcoating It

Thursday, July 11th, 2019

(more…)

High Cost Of Insulin Sends Americans To Canada To Stock Up

Wednesday, July 10th, 2019

(more…)

Knowing The Answer Before You Ask But Hoping Otherwise

Tuesday, July 9th, 2019

We’re going to start paying you less, are you in or out……..”

(more…)

Working The Spread

Monday, July 8th, 2019
A lot has changed since Insulin’s Inventor Sold the Patent for $1.

Inline image

(more…)

The Case of The Two Legged Stool

Monday, July 8th, 2019

The ACA is a naked command to buy an insurance product the government deems suitable,” Texas Solicitor General Kyle Hawkins argued in court papers.

“Bereft of penalties, the mandate now raises no revenue and therefore cannot by any conceivable definition be considered a tax,” he added. “Stripped of its tax status, the individual mandate is nothing more than an unconstitutional congressional mandate to purchase health insurance.”

(more…)

North Korea Reinsurance Broker Launches New Website

Monday, July 8th, 2019

North Korea’s “first” insurance, reinsurance broker launches new website

(more…)

Judge Shoots Down Association Plans

Sunday, July 7th, 2019

A federal judge has rejected the Trump administration’s rules for association plans………….

(more…)

Proposed Rules Would Affect Prescription Drug Plans

Sunday, July 7th, 2019

Since the passage of the ACA un-elected bureaucrats in Washington have been issuing regulations faster than a melting raspa on a deep South Texas afternoon in August. Now the focus is on whorehouse high prescription drug costs…………

(more…)

New Stop Loss Trademark Coined By Client

Friday, July 5th, 2019
“We show up with bells on our balls when you need us the most!”

(more…)

Final Rule On Health Reimbursement Arrangements Could Shake Up Markets

Thursday, July 4th, 2019

Ruling will fundamentally change the way employers provide employee health care benefits……..

(more…)

Foundational Concept of Managed Care Under Siege

Wednesday, July 3rd, 2019

Managed Care Castle Under Siege

If current proposals come to fruition, the issue of narrow networks or surprise billing will no longer be the consumers’ problem………providers could be left holding the bag if their ability to negotiate is undermined by disclosing rates to managed care entities …….the need to contract could conceivably be impacted and the foundational concept of managed care could break down.

(more…)

OBAMA CARE IN FOUR SENTENCES 

Tuesday, July 2nd, 2019

Is there a single soul who is surprised that an engineer came up with this?  The 10,535 pages of the Obama Care legislation reduced to 4 short sentences.

(more…)

State Passes First Third-Party Auditor Bill

Monday, July 1st, 2019

bill that some insurers lobbied quietly to quash made its way through the Legislature and was signed by Gov. Phil Murphy on Sunday.

(more…)

French Work Ethic Crosses Atlantic – Lands in New York

Monday, July 1st, 2019

“The French are on vacation more than they’re at work.” “They can’t wait to get laid off so they can live off generous unemployment.” “They have no ambition.”  – (secretsofparis.com) (more…)