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.
· 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.
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.
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
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.
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.