Tag Archives: Health Insurance

Medical Economics: Virus Exposes America’s “Broken Healthcare System” (2020)

From The Guardian (April 16, 2020):

The Guardian Healthcare“As this epidemic makes clear, at any moment, any of us could become sick, could become hospitalized, could be on a mechanical ventilator,” said Adam Gaffney, an ICU doctor in Boston. “And that, in the United States, could mean potentially ruinous healthcare costs.”

With over 21,000 people dead and more than a 547,000 infected with the coronavirus in the US the last question on a person’s mind should be how they will pay for life-saving treatment.

There were 27.9 million people without health insurance in 2018, and record-high unemployment will increase that figure by millions

But as the death toll mounted, a patient who was about to be put on a ventilator in one of New York City’s stretched to capacity intensive care units had a final question for his nurse: “Who’s going to pay for it?”

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Politics: Bernie Sanders “Medicare For All” (NPR)

NPR PodcastsAs we head into South Carolina’s primary and gear up for Super Tuesday, the 2020 candidates are looking to stand out to voters. But perhaps no policy proposal has marked this election more than Sen. Bernie Sanders’s push for Medicare for All.

While the Democratic candidates agree on expanding health coverage, they’re divided on how to insure everyone, whether to insure everyone, and, of course, how to pay for it all.

Bernie Sanders Website

So how are they similar? How are they different? And how does that compare to President Trump?

Rachana Pradhan, correspondent for Kaiser Health NewsNoam Levey, national healthcare reporter for The LA Times; and Dan Diamond, health reporter for Politico and host of the “Pulse Check” podcast helped us break down where each candidate stood on health care.

Healthcare Interviews: Centers For Medicare And Medicaid Services Director Seema Verma

Seema Verma, administrator for the Centers for Medicare and Medicaid Services, sits down for a rare one-on-one interview with special correspondent Sarah Varney of Kaiser Health News. They discuss President Trump’s plan for sustaining public health insurance programs, how the administration would respond if Obamacare is struck down by the courts in the future, and the latest Medicare for all proposals.

Healthcare For Seniors: Best Buy To Increase “Digital Health” Service And Insurers Will Pay

From a Becker’s Hospital Review online release:

Best Buy Assured Living“Today, most of the seniors we serve are utilizing easy-to-use mobile phone products and connected devices that are tailored for seniors and come with a range of relevant services,” Best Buy CEO Corie Barry said during an earnings call Nov. 26, according to a transcript from Seeking Alpha

“We also expect to advance our commercial business where the services we provide for seniors are paid for by insurance providers. This includes services such as remote monitoring based solutions that provide meaningful insights to improve timely care and reduce the cost to serve frail seniors,” she said.

Best Buy is known as the largest specialty electronics retailer in the U.S., and a key part of its growth strategy is centered on digital health initiatives.

In the past year, Best Buy has spent roughly $1 billion on acquisitions to expand its healthcare services, according to Forbes. The company’s expansion into healthcare has helped it overcome broader declines in consumer electronic sales, according to Bloomberg.

To read more: https://www.beckershospitalreview.com/strategy/best-buy-s-healthcare-strategy-get-insurers-to-pay.html?oly_enc_id=9129H5611090H0N

Seniors Health Care: AMA Launches New Medicare Insurer “Zing Health” To Focus On Patient-Physician Relationship

From a Fast Company online article:

Zing Health news releaseZing’s plan will give seniors access to a network of clinics in Cook County, Illinois, starting in January. The company hopes to expand to three states by 2022. It’s a managed care plan, which means the Centers for Medicare and Medicaid Services (CMS) will pay a single monthly fee per member in exchange for a more holistic approach to nurturing patient health. Zing is working with a network of community health centers, including Oak Street Health, which recently raised $65 million for its senior-focused facilities. Continue reading Seniors Health Care: AMA Launches New Medicare Insurer “Zing Health” To Focus On Patient-Physician Relationship