Tag Archives: costs

Workers With Health Insurance Face Rising Out-of-Pocket Costs – The New York Times

The high cost of health care is persisting during the pandemic, even for people lucky enough to still have job-based insurance. The average annual cost of a health plan covering a family rose to $ 21,342 in 2020, according to the latest survey by the Kaiser Family Foundation, a nonprofit group that tracks employer-based coverage.… Read More »

The Racial Divide Due to COVID-19 Also Applies to Healthcare and Pharma Costs

Into the sixth month of the coronavirus pandemic in the U.S., it’s clear that COVID-19 has wreaked a greater mortality and morbidity impact on people of color than on white adults. A new Gallup-West Health poll found that the coronavirus also concerns more non-white Americans than whites when it comes to the cost of health… Read More »

Health systems need to change how they look at waste to reduce costs, expert says

Health systems need to rethink how they view wasteful practices to reduce costs, according to Rhonda Stewart, the senior transformation sensei at the Virginia Mason Institute. “What I want to talk about is to hopefully inspire [health systems] to think about reducing costs differently,” she said in a session at the Healthcare Financial Management Association… Read More »

Medicaid may be the driver to reducing costs

Medicaid may be the best driver for healthcare cost reductions, according to Dr. Anita Cattrell, chief innovation officer for Evolent Health, which works with provider-led Medicaid plans to coordinate medical care with social resources for housing, food and behavioral health counseling. Cattrell co-developed Evolent’s Social Needs Index, which flags to physicians when aggregated data suggests… Read More »