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Health Care Costs

Accountable Care Organizations: A New Cure for Spiraling Health Care Costs?

May 14, 2012
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Under this health care program, physicians and hospitals work together with Medicare to provide coordinated care to beneficiaries in exchange for shared savings.
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Study: Couple Retiring in 2012 Needs $240K to Cover Medical Expenses

May 9, 2012
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Of the $240,000 needed to cover a retired couple's health care expenses, Fidelity estimates 32 percent will go toward paying Medicare Part B and Part D premiums; 45 percent will be consumed by expenses not covered by Medicare; and 23 percent will be spent on out-of-pocket prescription drug expenses.
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Essential Health Benefit Packages Under Health Care Reform Have Employers Wary

May 7, 2012
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Large and small employers have banded together to form the Essential Health Benefits Coalition to voice concerns in Washington and statehouses around the country on the issue.
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Health Insurers to Return $1.3B to Policyholders Under Health Reform Rules: Kaiser

May 2, 2012
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The refunds are the result of provisions of the Patient Protection and Affordable Care Act that took effect in 2011 which limit medical loss ratios, the amount of premium dollars health insurers can reserve for profit and administrative costs.
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Insurer Goes After Surgery Centers for Out-of-Network Charges

May 1, 2012
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Employers are addressing the practice in part by looking at their benefit design and increasing deductibles and lowering out-of-pocket maximums so workers must pay a larger share for going out of network.
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Employers on Non-Calendar Fiscal Years Seek FSA Mandate Relief

May 1, 2012
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Under a provision in the Patient Protection and Affordable Care Act, which goes into effect on Jan. 1, 2013, the maximum annual contribution employees can make to their FSAs is $2,500.
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Benefitfocus Launches Online Health Insurance Exchange

April 27, 2012
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Called HR InTouch Marketplace, the online private exchange mimics a retail site where employees can go online and add their chosen plans to a shopping cart.
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Pharmacy Benefits Manager SXC Acquires Catalyst Health Solutions in $4.4 Billion Deal

April 19, 2012
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The April 18 announcement, a merger with Catalyst Health Solutions Inc., outstripped that deal and would create a combined company that covers 25 million members nationwide.
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