Telemedicine utilization will explode due to current state of affairs. I believe as consumers begin to get used to telemedicine they will like the convenience and continue to use it after this crisis is resolved. Smart brokers are seizing this new sales opportunity. How are they selling it? By telephone of course.
Overwhelming medical debt is the No. 1 reason Americans file for bankruptcy. In fact, according to a study out of the City University of New York, 66.5 percent of bankruptcy filings cite medical expenses as a contributing factor.
Dr. Vladimir Zelenko has now treated 699 Chinese Flu patients with 100% success using Hydroxychloroquine Sulfate, Zinc and Z-Pak. Dr. Zelenko claims he saw the symptom of shortness of breath resolved within four to six hours after treatment…………………..
Brokers should be cautious yet most don’t seem to be as evidenced by the prolific offer and acceptance of “free” Cafeteria Plan administration services, especially among Texas public school districts.
If my suspicion is correct – that aerosol driven from the mouths of patients by dentists’ high speed handpieces can carry the COVID-19 virus – we could be witnessing an alarming increase in dental office closures due to occupational illnesses in the weeks following Easter Sunday services, or even an official “all clear” signal much later.
“A buyback deductible, also called a deductible buyback, can be an add-on to an existing insurance contract or may be purchased separately.” For example, it can be a method to buy down a high deductible health plan specific to certain specified conditions.
School district cuts healthcare spending in half while reducing employee cost-sharing by $1,000. More evidence size doesn’t matter, smart risk management does…………….
Forget what you know about traditional primary care: the inconvenient scheduling, long wait times and increasing expenses. 98point6 is pioneering a new approach to primary care, using technology to bring affordable, on-demand access to everyone—because we think that’s the way it should be.
Could having a local representative on the ground disguised as a punching bag, gauging and influencing perception and needs among members be the motivation?
As a fee based insurance consultancy, you can imagine our surprise when we opened a letter sent to us in February 2020 from a PBM and found an unsolicited commission check made payable to RiskManagers.
“Anyone know what the COVID-19 (Chinese Flu) Medicare CPT codes U0001 and U0002 Medicare payment rates are?” – Bill Rusteberg
“Bill, it’s our understanding those are old codes and fees. They have been updated and there are new fees. We’re trying to get confirmation, but it looks like Medicare will pay $305 for the test. We’ve heard hospitals will charge anywhere from $900-$3,000” – Physician
“Wow our TPA is already seeing cost of test between $2,000 and $3,600. We did decide to go ahead and cover testing under preventative so it is free for employees with our insurance” HR Director
“Our director of health services seem to think the test will run $295″ – HR Director
Why do some plan sponsors settle balance bills for their members when they don’t have to in the first place? And when they do why do they often agree to pay significantly more than warranted in medical debt market rates?
YOAKUM, Texas- A male patient was seen on March 7th at the Yoakum Community Hospital who presented mild flu like illness, returning a couple days later (specifics of date was not given) with shortness of breath prompted emergency position on call for the patient to be transferred to an Austin facility to be tested for COVID-19 resulting in a positive testing……………..
“Transmission rates for diseases, and the intensity of an outbreak, are highly dependent on how the pathogen travels between people. Coronaviruses generally can travel up to six feet from an infected person, as they move through respiratory droplets produced through sneezes, coughs or conversations………..”
My book The Great American Healthcare Scam: How Kickbacks, Collusion and Propaganda Have Exploded Healthcare Costs in the United States is now available for purchase on Amazon Kindle.
Greg Lindberg and his consultant are continuing to fight allegations that they promised to make improper campaign contributions to the re-election campaign for the North Carolina insurance commissioner.
“Let’s say it hasn’t been tested on this strain of the coronavirus, but it’s been tested on other strains of the coronavirus, and it has been able to eliminate it within 12 hours.”
Texas-based company claims to have developed coronavirus vaccine. The vaccine will first need to be tested on animals, but could be available by the end of the year.
Reference Based Pricing plans have been around for many years now. Fear of lawsuits by medical caregivers, particularly hospitals, is a concern for middle and late adapters of the model, causing many to pay a premium for protection. The cost to do so can be significant and out of proportion to the risk assumed.
Cigna and Houston Methodist (New Best Buds) announces a long-term agreement…………..But UHC says Houston Methodist is driving up the cost of health care for the people of Houston………..
Employers are slashing deductibles and copays so more workers will go to primary care doctors — and avoid unnecessary trips to the emergency room………………..
TEACHER RETIREMENT SYSTEM OF TEXAS MEETING BOARD OF TRUSTEES AGENDA February 20, 2020 – 8:00 a.m. February 21, 2020
Receive an update on TRS-ActiveCare district participation, including the potential consequences to TRS-ActiveCare of participating Districts of Innovation (DOI) offering competing health care coverage to their employees and protecting the stability of TRS-ActiveCare – Katrina Daniel
Beginning Sept. 1, 2020, Blue Cross and Blue Shield of Texas (BCBSTX) will serve nearly 1,100 TRS-ActiveCare school districts, plus half a million employees and their families across Texas. Hopes are to increase value by building a primary care health delivery based plan.
Believe it or not, most consumers and plan sponsors don’t know anything about Reference Based Pricing strategies and those that think they do have all kinds of misconceptions.
Insurance schemes benefit fewer than many. An earned benefit is not without a loss so the net benefit is less than the earned benefit. All parties to the scheme suffer losses, whether its an indemnified loss or cost-of-risk loss.
In the fall of 2018, a 300 employee industrial graphics and printing business was referred to our team to help take back control of their health plan. Over the course of the next 12 months, the client realized a reduction in health care spending of over 40%, or about $4,000 per employee per year, without watering down their benefits design. Here’s how…
Telemedicine utilization will explode due to current state of affairs. I believe as consumers begin to get used to telemedicine they will like the convenience and continue to use it after this crisis is resolved. Smart brokers are seizing this new sales opportunity. How are they selling it? By telephone of course.
“A buyback deductible, also called a deductible buyback, can be an add-on to an existing insurance contract or may be purchased separately.” For example, it can be a method to buy down a high deductible health plan specific to certain specified conditions.
As a fee based insurance consultancy, you can imagine our surprise when we opened a letter sent to us in February 2020 from a PBM and found an unsolicited commission check made payable to RiskManagers.
“Let’s say it hasn’t been tested on this strain of the coronavirus, but it’s been tested on other strains of the coronavirus, and it has been able to eliminate it within 12 hours.”
Texas-based company claims to have developed coronavirus vaccine. The vaccine will first need to be tested on animals, but could be available by the end of the year.
Beginning Sept. 1, 2020, Blue Cross and Blue Shield of Texas (BCBSTX) will serve nearly 1,100 TRS-ActiveCare school districts, plus half a million employees and their families across Texas. Hopes are to increase value by building a primary care health delivery based plan. 
