Category: Health Care Costs

4 scary facts about health care

Halloween is a time for ghosts and ghouls, and everything scary. And in the spirit of spirit of Halloween, we’ve got something more terrifying than any ghost story – four truly scary facts about health care. Continue reading

Posted in: Health Care Costs, Issue Alert

Payment reform innovation: 4 years strong and still improving

Health plans are leading the way to higher-quality, affordable health care with new payment structures that reduce spending and improve care quality. Just look an independent study released yesterday in the New England Journal of Medicine, which shows how Blue Cross Blue Shield of Massachusetts’ Alternative Quality Contract has achieved lower costs and better care for its members. Continue reading

Posted in: Health Care Costs, Issue Alert

A chorus of criticism over provider consolidation

Partners HealthCare in Massachusetts already has grown to include 10 hospitals, and according to an article in The Boston Globe, plans to add three more hospitals seem to be more about growing its empire than helping its patients. Continue reading

Posted in: Health Care Costs, Issue Alert

What’s forcing consumers to spend more on health care? Rising prices

Thanks to ever-rising health care prices, consumers spent more on medical services last year even though they used fewer of them. Continue reading

Posted in: Health Care Costs, Issue Alert

When the claim of ‘innovation’ is simply higher prices

High prices fuel the fire of innovation – that’s the misleading explanation drug companies give for setting their prices at astronomical levels. It’s also the explanation that Memorial Sloan Kettering’s Peter Bach, M.D., easily disproves in a new Forbes article. Continue reading

Posted in: Health Care Costs, Issue Alert

Study strengthens support for price transparency

Health plans have been calling on providers to improve transparency in pricing, and a new study in the Journal of the American Medical Association backs up those calls. Continue reading

Posted in: Health Care Costs, Issue Alert

JAMA: Hospital ownership and higher prices

A new study published today in the Journal of the American Medical Association highlights something we’ve been concerned about for years – that provider consolidation increases prices for services and costs for patients. Continue reading

Posted in: Health Care Costs, Issue Alert

Politico Pro: Backlash builds over soaring drug prices

With a wave of new treatments carrying six-figure price tags in the pipeline, pressure is building on drugmakers to lower their prices, according to a new Politico Pro article. Continue reading

Posted in: Health Care Costs, Issue Alert

Chart of the day: Price increases are most important driver of spending growth

As you can see in the chart below, spending on cancer drugs far outpaces the increase in the number of units being used. This means increases in price for cancer drugs are largely driving increases in spending. Continue reading

Posted in: Health Care Costs

AHIP statement on Harvoni

America’s Health Insurance Plans (AHIP) Spokesman Brendan Buck released the following statement today after Gilead Sciences announced its newly approved hepatitis C drug Harvoni will be priced at $94,500 for a course of treatment. Continue reading

Posted in: Cost Alert, Health Care Costs