The debate over America’s drug-pricing system is built on myths: STAT

Filed Under: Costs, Health plans, Patients

The debate over America’s drug-pricing system is built on myths: STAT

“America’s drug-pricing system is broken,” writes Matthew Herper on Stat. “Any system in which the list price of insulin triples in a decade, leading patients to ration it and sometimes die, is not working. Cancer patients should not worry that their disease will bankrupt them. The U.S. insurance system, which has instead gone decades without […]

Not everyone has eye-popping deductibles, or how one union kept medical bills in check: Los Angeles Times

Filed Under: Costs, Health plans, Patients

Not everyone has eye-popping deductibles, or how one union kept medical bills in check: Los Angeles Times

“Even as soaring insurance deductibles wreak financial havoc on millions of American families, some workers have managed to dodge the affordability crisis,” Noam N. Levey writes in The Los Angeles Times. “In Boston, a labor union representing the city’s hotel workers offers its members health coverage with no deductible and family premiums just a tenth […]

How much does an MRI cost, $450 or $4,685?

Filed Under: Costs, Health plans, Patients

How much does an MRI cost, $450 or $4,685?

He shared the price of an MRI of the joint/lower extremity without dye, CPT code 73721, at Trident Medical Center, North Charleston, S.C. The insurer was Aetna.. CHARGED: $4,685.0 INSURANCE PAID: $2,435.35 YOU PAID: $1,046.65 His comment “Never I repeat NEVER go to Trident Regional Medical Center in North Charleston, SC. My wife had the […]

Private health insurance costs are skyrocketing: Axios

Private health insurance costs are skyrocketing: Axios

“The cost of private health insurance is out of control, compared to Medicare and Medicaid,” Drew Altman of the Kaiser Family Foundation writes on Axios. “You see that clearly if you take a long-term view of recently released federal data on health spending. This is why the health care industry — not just insurers, but […]

Each family member is on a different insurance plan: $21,948/yr. vs. $34,860/yr.

Filed Under: Costs, Health plans, Patients

Each family member is on a different insurance plan: $21,948/yr. vs. $34,860/yr.

It’s insurance open enrollment season. This may not be in time to help you, but here it is anyhow. A friend writes: I’m not sure how typical our family’s experience is with regard to managing healthcare costs in today’s environment, but I hope this may be helpful. Also, as a note, this is not meant […]

Health Spending Grew Modestly, New Analysis Finds: The New York Times

Filed Under: Costs, Health plans, Patients

Health Spending Grew Modestly, New Analysis Finds: The New York Times

“The burdensome costs of medical care, prescription drugs and health insurance have become dominant issues in the 2020 presidential campaign,” Abby Goodnough and Margot Sanger-Katz write in The New York Times. “But a new report from the Department of Health and Human Services shows the nation remains in a period of relatively slow growth in health […]

Experts Warn of Rising Health Costs in Missouri Despite Lower ACA Premiums: St. Louis Public Radio

Filed Under: Costs, Health plans, Patients

Experts Warn of Rising Health Costs in Missouri Despite Lower ACA Premiums: St. Louis Public Radio

“Missourians shopping for health insurance on the federal government’s online marketplace are likely to see slightly lower premium prices, but health economists warn residents could still pay more for their health care next year, Sara Fentem reports, on St. Louis Public Radio. Deductibles, the prices customers pay out-of-pocket before insurance starts to cover bills, are […]