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Posts Tagged ‘Hospital’

Amazon, JPMorgan, Berkshire create new company to tackle health care costs

Thursday, February 1st, 2018

The Chicago Tribune reports:

Three of corporate America’s heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — sent a shudder through the health industry Tuesday when they announced plans to jointly create a company to provide their employees with high-quality, affordable care.

The announcement was short on details about precisely what the independent company will do. But given the three players’ outsize influence — and Amazon’s ability to transform just about everything it touches — the alliance has the potential to shake up how Americans shop for health care, and the stocks of insurance companies, drug distributors and others slumped in reaction.

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Despite boost in social security, rising Medicare Part B costs leave seniors in bind

Wednesday, October 11th, 2017

News Medical reports:

“Millions of seniors will soon be notified that Medicare premiums for physicians’ services are rising and likely to consume most of the cost-of-living adjustment they’ll receive next year from Social Security.

Higher 2018 premiums for Medicare Part B will hit older adults who’ve been shielded from significant cost increases for several years, including large numbers of low-income individuals who struggle to make ends meet.

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Blue Cross warns GOP repeal bill ‘undermines’ pre-existing condition rules

Wednesday, October 11th, 2017

The Hill reports:

“The Blue Cross Blue Shield Association warned against a new GOP ObamaCare bill on Wednesday, saying it would “undermine” protections for pre-existing conditions.

“The bill contains provisions that would allow states to waive key consumer protections, as well as undermine safeguards for those with pre-existing medical conditions,” the association said in a statement.

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‘Breakthrough’ Leukemia Drug Also Portends ‘Quantum Leap’ In Cost

Thursday, August 24th, 2017

Kaiser Health News reports:

“When doctors talk about a new leukemia drug from Novartis, they ooze enthusiasm, using words like “breakthrough,” “revolutionary” and “a watershed moment.”

But when they think about how much the therapy is likely to cost, their tone turns alarmist.

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Aetna may offer customers a free Apple Watch as a perk

Friday, August 18th, 2017

Yahoo Finance reports:

“Health insurer Aetna is already giving its workers free Apple Watches (plus a handful of regular customers), but it now looks ready to expand those bonuses to everyone. CNBCsources understand that Aetna is in talks with Apple to offer a free or discounted Watch as a perk to all eligible customers — no small number when Aetna covers 23 million people. It’s not certain what the deal would look like, but Aetna would like to hand out wristwear early in 2018.

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How much more will health care cost your company in 2018?

Friday, August 18th, 2017

Crain’s Chicago Business reports:

“Around this time of year, many human resources executives and brokers are putting the finishing touches on health insurance plans they’ll offer to employees in the fall. They face tough questions: Will rising costs be swallowed by the company? Or will the bitter pill be passed down to employees?

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One Illinois medical center lands on list of best U.S. hospitals

Friday, August 18th, 2017

Crains Chicago Business reports:

“Northwestern Memorial Hospital is the only Illinois medical center to land among the best 20 hospitals nationwide, according to new rankings by U.S. News & World Report.

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A new kind of doctor’s office charges a monthly fee and doesn’t take insurance — and it could be the future of medicine

Friday, March 24th, 2017

Yahoo Finance reports:

“Dr. Bryan Hill spent his career working as a pediatrician, teaching at a university, and working at a hospital. But in March 2016, he decided he no longer wanted a boss.

He took some time off, then one day he got a call asking if he’d be up for doing a house call for a woman whose son was sick. He agreed, and by the end of that visit, he realized he wanted to treat patients without dealing with any of the insurance requirements.

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No one thinks the GOP health bill is a good idea for Illinois

Friday, March 24th, 2017

Crains Chicago Business reports:

“There are not many things that Republicans and Democrats in Illinois agree on. But there’s near universal consensus that House Republicans’ proposed Obamacare replacement would do serious harm to Chicago and the state as a whole.

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Is Medicare Tax-Deductible?

Friday, March 24th, 2017

The Motley Fool reports:

“Medicare provides critical health benefits to countless senior citizens, and while Part A, which covers hospital visits, typically does not impose a premium, Parts B and D, which cover preventative services and prescription drugs, respectively, come at a cost.

(more…)

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