Hospital Execs See Delta Pressure Dragging Into Early Fourth Quarter: Jefferies Poll

Dive Brief: * The delta variant’s impact on hospitals that began to emerge mid-July is expected to peak late in the third quarter or early in the fourth, according to a new survey of 40 hospital CEOs and CFOs conducted by Jefferies. * Elective and non-emergent volumes were tracking down by about 30% in early September, leading ...

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California Set to Spend Billions on Curing Homelessness and Caring for ‘Whole Body’ Politic

Living unmedicated with schizophrenia and bipolar disorder, Eugenia Hunter has a hard time recalling how long she’s been staying in the tent she calls home at the bustling intersection of San Pablo Avenue and Martin Luther King Jr. Way in Oakland’s hip Uptown neighborhood. Craft coffee shops and weed dispensaries are plentiful here and one-bedroom ...

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Biden Administration Unveils Plans To Lower Prescription Drug Costs

Health and Human Services Secretary Xavier Becerra on Thursday unveiled the Biden administration’s road map to lowering the cost of prescription drugs. The plan, summarized in a 29-page document, supports legislation that allows the federal government to negotiate lower prices on the costliest drugs each year and pass those savings on to private insurers. Current ...

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Medical Loss Ratio (MLR) Rebate Checks In 2021

The Affordable Care Act (ACA) requires group health plans to spend a minimum percentage of premium dollars on members’ health care expenses and services. Likewise, it sets a threshold on the maximum amount of premium dollars that can be spent on other administrative costs, such as marketing, profits, salaries, agent commissions, etc. These requirements, known ...

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Medicare’s Trust Fund Faces Insolvency In 2026. Here’s How That Squares With Democrats’ Efforts To Expand The Health Insurance Program

It’s a situation that appears incongruous: Congressional Democrats want to expand Medicare’s benefits while a trust fund that supports the program is facing insolvency. Indeed, some Republican lawmakers have seized on that looming problem as a reason to oppose a proposal to add dental, vision and hearing coverage to Medicare. The provision is included in ...

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Industry Pushes For More Time Before Surprise Billing Ban Enforced

Payers and hospitals say with the COVID-19 pandemic ongoing and key elements still unreleased, it will be difficult to comply by Jan. 1.

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