Med City News
Sept,13,2012
by:Chris Seper
If healthcare reform were left to healthcare professionals, we’d have nonprofit insurance companies, tax breaks for gardening materials to encourage good health, mandatory walks every two hours for anyone in a stationary job, and a doctor would take patients’ text messages. That was just a sampling from hundreds of multicolored sticky notes posted by the attendees at this week’s Mayo Clinic Transform conference. Members of GE’s Healthymagination team spent time during the three-day conference leading brainstorming/crowdsourcing sessions that asked how to make healthcare better, touching on everything from health education to leveraging emerging health IT concepts.
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This Week's Healthcare News
ModernHealthcare.com
White House projects $11.1 billion in Medicare pay cuts under deficit law
Sept,14,2012
By: Rich Daly
The Obama administration projected (PDF) that Medicare will cut $11.1 billion next year due to requirements of a deficit-reduction law. The 2% cut in the $554.3 billion that Medicare projects to spend on providers and insurers in 2013 was required by the Budget Control Act of 2011. The Medicare cuts are part of the $1.2 trillion in 10-year cuts the law required after bipartisan negotiations on deficit reduction failed last year. Among the 2% in Medicare provider cuts, about $5.8 billion will come from the Hospital Insurance Trust Fund. Read more
Health Data Management
Summary of Benefits and Coverage could Wreak Communication Havoc
Sept,14,2012
by: Ed Bray, J.D.
As part of my show-and-tell, I passed around the sample SBC that the Department of Labor posted on its website. The first reaction was, “This looks like the information you receive with a credit card approval letter [that no one reads].” As the ever-professional, I simply said, “yes, it’s pretty detailed” but on the inside I was saying something more like, “wasn’t the intent of this to make the communication of medical insurance coverage easier?” Have you seen your SBC yet? Here is the sample provided by the Department of Labor: Click Here
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Modern Healthcare
GOP Medicare plans would sock elderly, report says
Sept, 10, 2012
by: Melanie Evans
Republican proposals to replace Medicare insurance benefits with vouchers that seniors could use to buy insurance would drive up healthcare costs for the nation's elderly, said a newly released report from the Center for American Progress Action Fund (PDF) , an advocacy arm for the liberal think tank the Center for American Progress. The vouchers would not grow as quickly as healthcare costs and seniors would be required to pay the difference for plans that exceed the vouchers, the authors said. For Medicare recipients who turn 65 in 2023, it would mean paying an additional $59,500 during retirement, the report said.Read Report
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