Health Insurance Innovations

Daily

Consumer-driven drug coverage (Obamacare style). Nothing fits

Square peg, round hole. More than a third of silver plans offered on the federal health insurance marketplace may be listing inaccurate or incomplete prescription drug cost-sharing information because their formularies don’t fit neatly into the federal government’s online template, a recent analysis found. Healthcare.gov is the online gateway for consumers in 37 states to compare […]

Daily

Wake up! High-deductible health plans are the ultimate barriers to healthcare

They used to call high deductible health plans “consumer-directed” plans. That was before people realized there is nothing particularly consumer driven about them. A recent poll –not the first of its kind– shows that people with high deductible plans tend to forego care. In fact they skip both unneeded and needed care. Most people don’t like the […]

Daily

European Union grapples with telemedicine challenges, too

Despite being separated by a big body of water and quite a few language barriers, there are few shared struggles in healthcare between the US and Europe. An Economist article highlighting the rise of telemedicine in the European Union calls attention to the issue of reimbursement and implementation in its member countries. As the article […]

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Hospitals

Would you get lower medical bills if health insurance didn’t exist?

Dr. Richard Amerling, president of the Association of American Physicians and Surgeons, writing from New York, had this to say in yesterday’s Wall Street Journal: A patient recently asked, “What would happen if there was no health insurance?” I responded, “The prices for all medical goods and services would immediately plummet.” I would direct his attention […]

Daily

Which telemedicine model will triumph?

With news that Richard Branson sees telemedicine as a decent investment opportunity, it raises the question of whether a dominant telemedicine model will emerge. That was one of the observations shared by Katerina Fialkovskaya, co-founder and managing partner at Boston-based OKM Capital. She welcomed Branson’s entrance into the market last week and noted: “The flow of […]