healthcare markets
CT insurers lost enrollment in 2018, Spent 89% of premiums on medical care
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,…
Read MoreCT healthcare price variation varies
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…
Read MoreConnecticut deductibles are high and rising, but premiums are rising more slowly
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.…
Read MoreCTNJ: A recession is coming and it could hit Connecticut healthcare hard
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…
Read More2020 insurance premium requests increase lower for individuals on AccessHealthCT, most of whom are subsidized, older and higher risk
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…
Read MoreCTNJ: CT doesn’t score well on healthcare – prices are to blame
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
Read MoreProposed federal rule would require hospitals to post negotiated rates
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…
Read MoreAs provider shortages grow, salaries are up, Eastern physicians lag behind rest of US
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…
Read MoreACA @10: Conference on the Affordable Care Act’s status and future
Join leaders who helped pass and implement the Affordable Care Act, September 26th and 27th at the Yale Law School for The ACA at Ten, a conference to reflect on the Affordable Care Act. Speakers include Rahm Emanuel, Kathleen Sebelius, and 22 other scholars and policymakers. Speakers will examine the ACA’s successes, shortcomings, and future.…
Read MoreLarge study finds selection bias in Medicare shared savings erases savings and quality improvements – advocates saw this coming
Researchers from the University of Michigan found that the modest savings and quality improvements reported by Medicare’s extensive shared savings program (MSSP) are likely due to adverse selection. High cost clinicians and beneficiaries were far more likely than others to exit the program. When adjusted for the selective bias in MSSP exit, reported savings and…
Read More