by wpx_azhealthplans | Dec 5, 2024 | News
Employers are preparing for significant challenges in 2025, including rising health care costs, the need for increased vendor accountability and potential policy changes stemming from the 2024 election, according to the Business Group on Health. Health care costs are...
by wpx_azhealthplans | Dec 4, 2024 | News
Hospitals received billions in additional payments from insurers and government programs by upcoding for higher-intensity care over nine years, according to a RAND study published in Health Affairs. The study found a 41% increase in patients needing the...
by wpx_azhealthplans | Nov 25, 2024 | News
For the third consecutive year, global medical costs are projected to increase by double digits, rising by 10.4% in 2025, with the US anticipated to see a 10.2% jump. The primary factors driving the continued rise in medical costs include increased utilization of...
by wpx_azhealthplans | Nov 21, 2024 | News
A Commonwealth Fund survey found that 44% of adults in the US are carrying medical or dental debt, 57% have forgone needed care due to the cost, and up to one-third of respondents with chronic conditions said they cannot afford needed prescriptions. The report’s...
by wpx_azhealthplans | Nov 21, 2024 | News
Only 21.1% of hospitals are in full compliance with federal price transparency rules, compared with 34.5% earlier this year, according to a report from PatientRightsAdvocate.org. Full story:...
by wpx_azhealthplans | Nov 20, 2024 | News
A new analysis from the Campaign for Sustainable Rx Pricing (CSRxP) demonstrates how the pharmaceutical industry’s profit margins are ten times greater than other sectors of the prescription drug supply chain. By the numbers: The pharmaceutical industry’s average...