healthcare markets

What Connecticut can do in an election year, with a tight budget, in an unsettled economy, and Washington in gridlock Download the details ACOs and provider financial risk Accountable Care Organizations (ACOs) are large and growing systems that touch every aspect of healthcare. They make money by reducing their patients’ care costs. Unlike insurers, ACOs…

Download the CTHPP presentation Yesterday the Chairs and Ranking Members of the Insurance Committee convened a forum on potential reforms to lower healthcare costs. Legislators invited David Seltz from the Massachusetts Health Policy Commission. Connecticut speakers included representatives from the insurance industry, providers, state officials, a foundation and advocates. A recurring theme was the need…

There were 332,015 fewer Connecticut residents with commercial insurance coverage last year than in 2017, according to the latest Consumer Report Card from the CT Insurance Department. All insurers lost enrollment. The report also includes important information for consumers including member satisfaction performance, numbers of participating providers by county, medical measures such as cancer screens,…

Prices vary by city and for selected healthcare treatments, in some cases substantially, according to Healthscore CT, using the new All Payer Claims Database from the CT Office of Health Strategy and UConn Analytics and Information Management Solutions. The site provides important information on cost and quality for consumers and payers shopping for healthcare services…

Download the report New numbers from the 2018 US Medical Expenditure Panel Survey finds that deductibles for private-sector health insurance in Connecticut are high at $2,322 for single coverage and $3,784 for families, the 3rd and 9th highest among states respectively. Deductibles more than doubled between 2008 and 2018 both in Connecticut and the nation.…

While President Trump disagrees, a recent survey found that three in four economists expect the US economy to enter a recession by 2021. Recessions are a natural part of the economic cycle – it’s not a question of whether it will happen, but when. The last recession, in 2008, hit Connecticut especially hard, and in…

Connecticut insurers have filed their requests for individual and small group premium increases for 2020 with the CT Insurance Dept. Requests vary from an average reduction of 9.8% for CTCare individual plans outside AccessHealthCT, our state’s insurance exchange, to 22% average increases for Aetna small group plans also outside AccessHealthCT. Six in ten people in…

A new state health ranking is out, and Connecticut trails the rest of New England. Connecticut’s big problem is the cost of our care. Our performance in health outcomes and access to care are passable, but we are 44th among states in the cost of care. Read more

A new proposed federal regulation (called a “rule”) would allow consumers to compare negotiated service prices by hospital and by payer. These would be the real prices paid by insurers, both hospital and payer-specific prices, as well as gross prices. This information could be extremely helpful for consumers without insurance and those with high deductibles…

From 2017 to 2018 total compensation rose 3.4% for primary care physicians and 4.4% for specialists across the nation, according to Physicians Practice. Total provider compensation rose between 7 and 11% over the last five years. The highest increasing specialty from 2017 to 2018 was 7.71% for diagnostic radiology. Physician assistants’ and nurse practitioners’ total…

Five healthcare issues to follow in 2020

Bipartisan Insurance Committee forum finds a lot of consensus on potential reforms

CT insurers lost enrollment in 2018, Spent 89% of premiums on medical care

CT healthcare price variation varies

Connecticut deductibles are high and rising, but premiums are rising more slowly

CTNJ: A recession is coming and it could hit Connecticut healthcare hard

2020 insurance premium requests increase lower for individuals on AccessHealthCT, most of whom are subsidized, older and higher risk

CTNJ: CT doesn’t score well on healthcare – prices are to blame

Proposed federal rule would require hospitals to post negotiated rates

As provider shortages grow, salaries are up, Eastern physicians lag behind rest of US