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3 Reasons Why Health-Care Costs Are Likely to Rise
Opinions rage about whether health insurance costs will rise or fall with implementation of the Affordable Care Act, commonly known as Obamacare.
Opinions rage about whether health insurance costs will rise or fall with implementation of the Affordable Care Act, commonly known as Obamacare. What gets relatively little attention, though, is that overall healthcare cost growth has actually slowed down over the last few years. According to the Centers for Medicare and Medicaid Services, national healthcare spending grew 3.9% annually from 2009 to 2011 -- the lowest rate since the government began tracking the statistics over 50 years ago.
Don't get used to slower healthcare cost growth, though. There are several reasons why higher spending could soon rear its head again. Here are three that could drive healthcare costs up in the near future.
1. Macroeconomic factors
The Kaiser Family Foundation, and the Altarum Institute's Center for Sustainable Health Spending, created a statistical model that helps identify how U.S. health spending varies with several macroeconomic indicators. Their research found that two macroeconomic variables account for a whopping 85% of variation in health-care spending growth between 1965 and 2011.
Read the full story here: http://aol.it/14g0gOA
Source: Daily Finance
Navigating Health Policy in an Election Year: Insights From Dr Dennis Scanlon
April 2nd 2024On this episode of Managed Care Cast, we're talking with Dennis Scanlon, PhD, the editor in chief of The American Journal of Accountable Care®, about prior authorization, price transparency, the impact of health policy on the upcoming election, and more.
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Award-Winning Poster Presentations From AMCP 2024
April 23rd 2024At the Academy of Managed Care Pharmacy (AMCP) 2024 annual meeting, multiple poster presentations concerned with health equity, data collection, glucagon-like peptide-1 agonists, and more were acknowledged for their originality, relevance, clarity, bias, and quality.
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Navigating Health Literacy, Social Determinants, and Discrimination in National Health Plans
February 13th 2024On this episode of Managed Care Cast, we're talking with the authors of a study published in the February 2024 issue of The American Journal of Managed Care® about their findings on how health plans can screen for health literacy, social determinants of health, and perceived health care discrimination.
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