Archive for January, 2021

PUBLIC-PLAN OPTION

Friday, January 22nd, 2021

It’s been less than 24 hours from yesterday and noise from Washington suggests changes in the way American healthcare is financed and delivered may be imminent………..

(more…)

Pricked

Tuesday, January 19th, 2021

The price of diabetes related medicines should be an American embarrassment……………

(more…)

The La Joya ISD Shit Show Continues………………..

Tuesday, January 19th, 2021

Texas insurance agent stands to gain $68,375.00 per month for the remainder of the original term of the agreement if her eight year  consulting / brokerage agreement with a Texas public school district is canceled for “any reason.” 

(more…)

Texas Senate Bill 120 – A Gift to ICHRA’s?

Monday, January 18th, 2021

If passed, this could make ICHRA’s even more attractive to employers who are tired and fed up with all the hassles of providing group health insurance for their employees along with the ever present threat of punishing government sanctions. 

(more…)

Texas House Bill 573 – Health Care Sharing Ministries

Monday, January 18th, 2021

If Texas House Bill 573 passes this legislative session Health Care Sharing Ministries will be prohibited from certain advertising such as touting their financial strength and past performance to provide health care benefits for their members…………… even if its true!

(more…)

Texas To Consider Single Payer Health Plan

Monday, January 18th, 2021

TEXAS HEALTH INSURANCE BROKER

Texas health insurance brokers who find themselves in the unemployment line by way of passage of HB 602 will be able to retrain for other careers through state provided funding. 

(more…)

Discounts Don’t Matter

Saturday, January 16th, 2021

Medical discounts are a scheme used by health insurance companies, service providers, hospitals, and others in the medical supply chain to show “value” to their customers. “Look at how much we saved you! Aren’t you happy you choose us as your partner! Just imagine what you would have paid without us!”

(more…)

PPO Network Gobbles Up RBP Vendor

Friday, January 15th, 2021

MultiPlan Corporation to Acquire HST

  • Accelerates Growth by Adding a Next-Generation Reference-Based Pricing Program to the MultiPlan Solution Suite
  • Acquisition is the First Under MultiPlan’s Enhance-Extend-Expand Strategy
  • Increases Value for Customers by Adding New and Complementary Services to Better Manage Cost
  • Deepens MultiPlan’s Penetration in the TPA/Broker Segment

(more…)

Nonprofit Hospitals Are Biggest Rip Off In America

Friday, January 15th, 2021

All across the nation, cities big and small are having their pockets picked and their communities decimated by their local nonprofit hospitals.

(more…)

Teachers Union Demands Lids on All Toilets

Thursday, January 14th, 2021

Fear of public toilets is nothing new and surprisingly common. But is COVID by toilet really a thing?

(more…)

The Power of Incumbency During A Pandemic

Thursday, January 14th, 2021

By Molly Mulebriar

Third party administrators (TPAs)  have always enjoyed the power of incumbency and it has never been greater than now.

(more…)

Mark Cuban Cost Plus Drug Company

Thursday, January 14th, 2021

The Mark Cuban Cost Plus Drug Company is dedicated to producing low-cost versions of high-cost generic drugs. We pledge to provide radical transparency in how we price our drugs.

(more…)

The Cost of U.S. Healthcare Shocks Brits

Wednesday, January 13th, 2021

(more…)

Medical Insurance in China

Wednesday, January 13th, 2021

(more…)

Chinese Government Encourages Private Health Insurance

Wednesday, January 13th, 2021

China’s Communist party rolls out pilot tax benefit plan in hopes to expand private health insurance because the government’s plan is not good enough…………….

(more…)

The San Antonio Free Market Medical Association

Tuesday, January 12th, 2021

Organized in 2019, Roger Moczygemba, MD and Shankar Poncelet came together with other thought leaders in the San Antonio community with the goal to lower the cost of healthcare in San Antonio through price transparency, reference-based pricing, and local connection.

(more…)

Cameron County Texas Seeks Insurance Consultant

Tuesday, January 12th, 2021

Cameron County is seeking a qualified fee based insurance consultant to assist the county in a competitive RFP process for group health insurance for county employees. 

(more…)

New, Competitive Dental Plan Hits The Market

Tuesday, January 12th, 2021

(more…)

Government Initiates Broker Disclosure Requirement

Monday, January 11th, 2021

Wanna hear about the broker who was making $614,000 on a South Texas 2,500 life school district while the clueless Board of Trustees thought the compensation was $128,000?.

(more…)

Blue Cross To Punish Republicans

Monday, January 11th, 2021

Politicians Chase Dollars To Remain In Power

Blue Cross, punching down, has announced they will no longer share member’s premium dollars with lawmakers except for those who pledged allegiance to Joe Biden…………….

(more…)

Healthcare Isn’t Expense – Price Gouging Is

Monday, January 11th, 2021

Healthcare isn’t expensive. It’s price-gouging and profiteering that is expensive and straightforward to eliminate………………..

(more…)

Question for RBP “Experts”

Thursday, January 7th, 2021

If hospitals are required to publish their prices and they have patients sign agreements wherein the patient agrees to pay “in accordance with the regular rates and terms of the hospital” which are public for the world to see, what defense does the patient, who assigned benefits, have in disputing full billed charges when the average reimbursement accepted through the hospital’s payer mix is substantially less?

(more…)

Contracts of Adhesion

Thursday, January 7th, 2021

An adhesion contract (also called a “standard form contract” or a “boilerplate contract“) is a contract that heavily restricts one party while leaving the other free (as some standard form printed contracts); implies inequality in bargaining power

(more…)

If A Health Plan Could Be A Person……………..

Tuesday, January 5th, 2021

Dave Chase

In this era where healthcare has been politicized (a great way to freeze status quo), I’m happy to report that Health Rosetta’s core tenets draw agreement from both ends of the political spectrum. They spell out HEALTH.

(more…)

Hyped Start Fizzles

Monday, January 4th, 2021

The Gang Disbands

Haven, the Amazon-Berkshire-JPMorgan venture to disrupt health care, is disbanding after 3 years

(more…)

Famed Magician Reveals How To Create Rx Savings Out of Thin Air

Monday, January 4th, 2021

The cost for a Fully Insured Rx Card is 8-10% of the plan cost. So, if the Stop Loss Carrier carves out 15% for the Rx and the cost for the Fully Insured Rx Card is 10%, you’ve just cut the price of the group plan by 5%. 

(more…)

Hapless Plan Sponsors Are Screwed By Switch Operators

Monday, January 4th, 2021

A ‘Switch Operator’ is a Software Clearinghouse Between a Pharmacy and a PBM that Allows the Pharmacy to Check the Patient’s Drug Formulary, Copay and other Insurance Information.

(more…)

Texas County Believes All Health Care Is Local

Sunday, January 3rd, 2021
All health care is local, or at least it ought to be………………….So why do most plan sponsors hire out-of -state plan management firms like UHC, Humana and the rest? They just get in the way…………………..

(more…)

Excellent 7 Minute Video Explains The Past & Possibly The Future

Saturday, January 2nd, 2021

This is one of Dr. Bricker’s best videos. In 7 minutes he puts the current economic status of healthcare in historical perspective.

(more…)