Budget Process
Op-Ed: This Is Why CT Can’t Lower Healthcare Costs
After years of deliberation, Connecticut’s state plan to cap healthcare costs has finally identified the drivers of those costs in our state. But the Steering Committee, dominated by healthcare industries, still isn’t brave enough hold the overspenders accountable. They want the profitable industries to come up with ideas to lower their own costs (what could…
Read MoreOHS seeks community input on YNHH purchase of three more hospitals
The Yale-New Haven health system has applied for permission from the state to buy Waterbury, Manchester Memorial, and Rockville General hospitals. The state Office of Health Strategy is seeking community input through a short survey about how this deal could impact healthcare services and costs. These three hospitals are currently owned by Prospect Medical Holdings,…
Read MoreAnalysis: How Brain Shortcuts Undermine Policymaking
Thinking is hard work. Adult brains are only 2% of our body weight, but they use 20% of our body’s energy. To handle the load, we have evolved hard-wired shortcuts called cognitive biases that sometimes backfire. Public policymaking is not immune – it’s riddled with biases that are driving poor decisions. Read more
Read MoreReport finds Hartford Hospital got $78 million more in tax breaks than they invested in communities, 2020
In 2020, Hartford Hospital received $78 million more in tax breaks than they paid out in charity care and community investment, their “fair share” deficit, according to a new Lown Institute report. Hartford has the 19th largest deficit among the 1,773 US hospitals included in the study. According to the report, that $78 million could…
Read MoreAnalysis: Are Connecticut Hospitals Losing Money? It Depends
Our state’s hospitals are hemorrhaging money according to the Connecticut Hospital Association. They report losses of $164 million last year. But state officials are pushing back, saying hospitals aren’t telling the full story and hospitals are the main driver of rising healthcare costs in Connecticut. It all depends on how you look at it. Read…
Read MoreInsurance Committee passes bills prohibiting anti-competitive health system practices
This morning, the Insurance and Real Estate Committee approved two bills that prohibit huge healthcare systems from using their monopoly power to jack up prices and insurance premiums. The Committee’s bill passed unanimously; the Governor’s bill that also includes an out-of-network price cap passed overwhelmingly. The Committee passed a similar bill last year. It passed…
Read MoreCT Medicaid costs stable but hospital spending needs monitoring
Download the report Sources below Connecticut Medicaid per member costs are stable and growing slower than other states. CT Medicaid per member costs are lower than all but 27 other states, just below the median. But hospital spending increases could erode that progress. Medicaid is not the driver of rising state budgets, growing less than…
Read MoreOp-Ed: HUSKY coverage for immigrants is the right, and the smart, thing to do
Immigrants, in Connecticut and across the US, are the most likely population to be uninsured. These are our workers, neighbors, and taxpayers. We’re all safer, healthier, and richer when everyone is covered. It the right thing to do for them, but if that’s not enough, it’s also the right thing to do for all of…
Read MoreOp-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 MoreAnalysis: Life Saving Innovation at Alarming Prices
We do scientific innovation very well. New therapies — from anesthesia in 1850, antibiotics in 1928, organ transplants in 1960, to COVID vaccines now — are improving our lives and extending life expectancy. However, healthcare costs now consume 20% of our economy, and we aren’t getting our money’s worth. Complicating the issue, Pharma’s extreme drug…
Read More