Tag:
Administrative Costs
Latest Headlines
Latest Headlines
Insurers avert $2B medical-loss ratio provision
Insurers should thank their lucky stars that the reform law's medical-loss ratio (MLR) provision wasn't implemented in 2010. If it was in effect, they would have rebated almost $2 billion to
Insurers' 20% error rate costs $1.5B
Commercial health insurers have an average claims processing error rate of 19.3 percent, which leads to $1.5 billion in unnecessary administrative costs, writes FierceHealthcare editor Karen M.
Exchanges: Operational issues and state activities
AHIP describes health insurance exchanges as "one of the most pressing healthcare reform implementation issues" and the topic is, therefore, peppered throughout Institute 2011 sessions and is
Student health plans not exempt from reform law
Under a new HHS proposed rule, student health plans can't impose lifetime coverage limits, suddenly drop students from enrollment because of an unintentional application error or discriminate against
How hospitals bounce back from bankruptcy
Most healthcare providers think bankruptcy signals the end of the road, but struggling hospitals can use bankruptcy to begin to rehabilitate themselves. Filing for Chapter 11 bankruptcy gives
Costs shrink for Medicaid plans
The administrative costs for Medicaid plans nationwide dropped 5.2 percent per member per month in 2009, significantly greater than the 1.4 percent decline in 2008, according to a new survey by
McDonald's plan to drop health coverage
I stopped patronizing McDonald's when I was about eight years old--just around the time I discovered its most compelling flavor came from dipping its French fries into a vanilla milkshake. I've paid
Smart cards promote great efficiencies in Europe, Asia
In researching his book, The Healing of America, in which he promotes universal healthcare, Washington Post reporter T.R. Reid visited France to see how that nation's health system worked. Reid came
Waste accounts for $850B of healthcare costs annually
Americans could squeeze $600 billion to $850 billion in cost per year out of their healthcare system if they learned how to reduce wasteful spending on care, according to a new research report. The
Insurance industry attacks healthcare legislation
Unwilling to accept the new momentum behind healthcare legislation lying down, the health insurance industry launched a new attack against the healthcare legislation drafted by the Senate Finance
