Jay Hancock

Employer Health Costs Forecast To Accelerate In 2015

KFF Health News Original

Health costs will accelerate next year, but changes in how people buy care will help keep them from attaining the speed of several years ago, PricewaterhouseCoopers says in a new report. The prediction, based on interviews and modeling, splits the difference between hopes that costs will stay tame and fears that they’re off to the […]

Obamacare Health Spending Surge? Not So Fast

KFF Health News Original

A growing economy and an Obamacare spending surge, many suspected, had ended five years of moderate health-spending growth. Early government figures showed medical-cost acceleration at the beginning of the year. “Health care spending rose at the fastest pace since 1980 in the first quarter as the new health insurance law prompted many more Americans to […]

Study: Health Law Boosts Hospital Psych Care For Young Adults

KFF Health News Original

Expanded coverage for young adults under the Affordable Care Act substantially raised inpatient hospital visits related to mental health, finds a new study by researchers at Indiana and Purdue universities. That looks like good news: Better access to care for a population with higher-than-average levels of mental illness that too often endangers them and people […]

Can Employers Dump Workers To Health Exchanges? Yes, For A Price

KFF Health News Original

How to expand Americans’ health insurance choices under the Affordable Care Act without sabotaging employer coverage? The Obama administration is still working to get the balance right. The latest tweak from the Internal Revenue Service essentially prohibits employers from giving workers tax-free dollars to buy policies in the online public marketplaces created by the health law. […]

Study: Limited Competition Raised Obamacare Prices

KFF Health News Original

Many insurers only dipped a toe into the Affordable Care Act’s online marketplaces for their first year. Cigna, one of the country’s largest insurers, offered 2014 plans to individuals in fewer than half a dozen states. Humana is only in a little more than a dozen states. The biggest health insurer, UnitedHealthcare, didn’t offer any policies […]

WellPoint Softens Forecast For Obamacare Rate Hikes

KFF Health News Original

Welcoming a surge of young, last-minute enrollees, the biggest player in the health law’s insurance marketplaces on Wednesday tempered its prediction for substantial 2015 rate increases. Five weeks ago WellPoint executive Ken Goulet told analysts that premium increases for 2015 plans “will probably be in double-digit plus.” On Wednesday’s conference call to discuss first-quarter results, […]

Biggest Insurer Shocked With Hepatitis C Costs

KFF Health News Original

UnitedHealth Group spent $100 million on hepatitis C drugs in the first three months of the year, much more than expected, the company said Thursday. The news helped drive down the biggest insurance company’s stock and underscores the challenge for all health care payers in covering Sovaldi, an expensive new pill for hepatitis C. “We’ve […]

Hospital Visits Fell When Seniors Got Drug Coverage

KFF Health News Original

Eleven years ago Bob Bennett, then a Republican senator from Utah, made a fiscal sales pitch for including prescription drugs in Medicare coverage for seniors. “Medicare says if you go to the hospital and run up a bill of however many tens of thousands of dollars to stay that many days, we will pay for […]

Insurers May Get Cost Break Thanks To Rocky ACA Rollout

KFF Health News Original

The Obama administration keeps changing the rules on implementing the Affordable Care Act. Insurance companies keep complaining. But they’re unlikely to grouse about the latest adjustment. On Tuesday the Department of Health and Human Services signaled its intention to temporarily give insurers a break on the portion of premiums they must spend on medical care […]

Co-Ops Report Early Enrollment Successes And Expansion Plans

KFF Health News Original

The Affordable Care Act’s nonprofit co-op health plans, which see themselves as the rebel alliance battling established insurers, have signed close to 300,000 members and are set to expand into three new states next year, officials say. Starting from zero in October, New York’s Health Republic Insurance has enrolled more than 50,000 policyholders, said John Morrison, who […]