News

Happy Holidays from FILCO

December 8th, 2017

Please note FILCO offices will be closing at 2pm on Friday, December 22nd and will be closed on Monday, December 25 and Tuesday December 26

Factors Associated With Increases in US Health Care Spending, 1996-2013

November 27th, 2017

Factors Associated With Increases in US Health Care Spending, 1996-2013 Health Care Economics, Insurance, Payment JAMA The JAMA Network

(LINK above to full study)

Importance --- Health care spending in the United States increased substantially from 1995 to 2015 and comprised 17.8% of the economy in 2015. Un- derstanding the relationship between known fac- tors and spending increases over time could inform policy efforts to contain future spending growth.

November 10th, 2017

Washington Update from NAHU

 

Fast Facts

· The CBO released a report finding that repealing the ACA's individual mandate would reduce the federal budget deficit by $338 billion over a decade but lead to 13 million more uninsured and increase premiums by 10%.

· CMS issued new guidance on Section 1115 Medicaid waivers to help expedite the application process, develop a "fast-track" approval and simplify extensions for non-complex waivers.

Growth in healthcare prices slows to near-historic low

November 10th, 2017

By Maria Castellucci  | November 9, 2017

Healthcare prices rose just 1.1% year-over-year through September, representing the lowest price growth rate in roughly two years, according to a new report from Altarum.

That growth rate was just slightly higher than the all-time low growth rate of 0.9% in December 2015. The figure has fluctuated between 1.2% and 2.3% over the past year.

Repeal of medical deduction prompts tax bill pushback

November 8th, 2017

https://apnews.com/8aab6de4d4734598bf459c5dc75e9618/Repeal-of-medical-deduction-prompts-tax-bill-pushback

WASHINGTON (AP) — The medical expense deduction targeted for repeal by GOP tax writers has helped tooffset costs including nursing home care and fertility treatments, laser eye surgery and travel out-of-state for a second opinion on a rare cancer.

NYC Hospital Safety Grades: See The Best And The Worst

November 1st, 2017

NYC Hospital Safety Grades: See The Best And The Worst - New York City, NY Patch

NEW YORK, NY — There's an old saying that if your leg gets chopped off in Brooklyn, you should walk to Manhattan for treatment. In reality, perhaps you should stumble on until you reach New Jersey.

NY comptroller warns of ‘triple threat’ to state finances

November 1st, 2017

NY comptroller warns of 'triple threat' to state finances | News & Observer

New York state could be headed for financial trouble because of the "triple threat" of federal spending cuts, a looming budget deficit and anemic tax revenues, state Comptroller Thomas DiNapoli warned Tuesday.

3 questions advisers should ask about the potential CVS-Aetna deal | Employee Benefit Adviser

October 31st, 2017

3 questions advisers should ask about the potential CVS-Aetna deal | Employee Benefit Adviser

The news that CVS has reportedly launched a $66 billion bid to buy Aetna shows that once unimaginable mergers are becoming the norm. But it also raises some important questions for brokers about the future of group benefits, and how to operate in a fast-moving and constantly changing landscape.

Is Healthcare Cost Sharing the Answer?

October 31st, 2017

Is Healthcare Cost Sharing the Answer?

Republicans talk up the appeal of consumer-directed healthcare spending. This is often a health savings account, or HSA, usually combined with a high-deductible insurance policy. Consumers can save and invest, tax-free, in their HSA and then use that money to pay out-of-pocket costs.