Texas Legislature Considers Two Bills of Interest

Senate Bill 1684l is action packed with many items of interest particularly to Reference Based Pricing plans and includes, among other things, this:

Hospitals must list the gross charges for each health care service provided by the facility with the Medicare reimbursement amount for the health care service next to the relevant gross charges.

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Having Skin In The Game Almost Never Works In Health Care

“Skin In The Game” in health care spending really means the misguided hope of wise consumer spending using thousands of dollars they don’t have. But on the other hand having no “Skin In The Game” ends with the same results. In the later case Fat Albert would be wearing some outstanding duds courtesy of other people’s money.

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Another Texas School District To Join The Rebellion?

“There has been a lack of transparency in the bidding process that has caused some of us concern about how rates with such a large pool of people continue to climb at exorbitant levels………… And the sheer fact that I believe with local control we can actually reduce some of those rates and maintain, if not improve upon, the benefits, it’s something we need to look at.”

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Medical Community & Cash Pay Centric Health Plans – An Eternal Love Affair

Most Americans are insured through their employer’s health plan. The problem is most employers don’t treat healthcare like they do every other purchase. Those few that do reduce their costs by as much as 50% while improving benefits at the same time.

They know the cost of health care has remained essentially static for the past 15 years or more while the cost of health insurance hasn’t. They know because they took the time and effort to educate themselves as to the true cost drivers of health care enabling them to take corrective action.

They took the time and effort because they are the only employers that truly care about their employees (and their bottom line).

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David Rendall Is Recognized with CEO Today‘s Prestigious Global Award

We are pleased and honored to announce David Rendall has been selected as the recipient of the prestigious 2021 CEO Today Global Award for North America. The influential CEO Today magazine recognizes and honors the most respected international business leaders and singles out those who consistently disrupt the industry’s status quo to lead their company to new levels of innovation and growth.

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