healthcare markets
Op-Ed: Things to like in the Governor’s budget proposal
This is new for me and I may be alone, but I found a lot to like in the Governor’s budget. This fall the administration must have been listening to complaints about their disappointing healthcare record. Their new budget proposal starts to turn that around, tackling the drivers of soaring healthcare costs – prices for…
Read MoreBarriers to Fair Access Report prompts insurers to improve access to 11 drugs
There’s a lot of very appropriate focus on the unfairness of unwarranted drug prices. But an equally important key to patients accessing those drugs is the fairness of insurance policies. To keep premiums affordable, insurers must balance, even encourage, appropriate to access care, while deterring overtreatment and excessive prices. ICER, the nation’s leading value assessment…
Read MoreUpdate: Policy options to support competition and control healthcare prices
Download the fact sheet Download the updated resource list Healthcare service prices are the main driver of Connecticut’s rising health insurance premiums. The consolidation of hospitals and providers into large health systems has stifled competition, allowing prices to rise unchecked. Other states have taken action to protect competition in consolidated markets and it’s working. Connecticut…
Read MoreCTNJ op-ed: Health insurance affordability review is good, but it’s no silver bullet
A movement to include affordability in the Insurance Department’s review of health insurance premiums is gaining champions. That’s a good thing. The best care is useless if you can’t afford it. Holding insurers accountable for lowering costs is important, but it’s not going to solve everything. We need to do much more to get costs…
Read MoreNo evidence to justify increases for 7 of top 10 most costly drugs
The latest Unsupported Price Increase report from the Institute for Clinical and Economic Review finds that, last year, seven of the ten most costly drugs in the US that raised net prices well over the rate of general inflation, had no new clinical evidence of effectiveness to justify the increases. The increases on just these…
Read MoreCT’s best healthcare secret — CID’s Consumer Report Card
It may not attract the same enthusiasm as other holidays this time of year, but if you’re shopping for health insurance during this Open Enrollment season, you need this resource. As a health policy researcher, there are few better sources of information on how insurers are performing. The Consumer Report Card on Health Insurance Carriers…
Read MoreCTNJ Analysis: Yale-New Haven Health announces layoffs while planning to buy 3 hospitals, and why it matters
It’s puzzling. Yale-New Haven Health System recently announced 72 layoffs and eliminated 155 positions among their managers, but they scored large profits last year and they have enough money to buy three more Connecticut hospitals. If approved by the state, the acquisitions will make Yale the largest health system in the state. We should all…
Read MoreAnalysis: New study finds 1 in 5 households has medical debt that averages $21,687
Having health insurance is no longer the protection it used to be. A pair of new studies shine a bright light on inadequate insurance and its consequences – medical debt. Read more
Read MoreCTNJ Op-Ed: Insurers’ explanations for extreme rate increases don’t make sense
Connecticut’s health insurers are asking state regulators to let them increase premiums an average of 20.4%, far more than last year’s 8.6% request. Insurers in other states are asking for less than half as much. Connecticut insurers are blaming increased demand for services due to COVID backlogs, that deductibles aren’t keeping up with rising costs,…
Read MoreCovered CT opens no-cost health insurance coverage to adults
Friday, the state expanded zero-cost health insurance coverage to include childless adults through the Covered Connecticut program. The program covered parents and child caregivers starting last year, but now any Connecticut adult with qualifying income can enroll in zero-cost health insurance through Access Health CT. The state expects 40,000 people to qualify for the expanded…
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