Poll: Healthcare Consumers Want Best of Both Worlds
March 17th 2008Healthcare costs are too high, say 90% of the people surveyed in a recent poll by the Mayo Clinic. But eight out of 10 also say it’s very or extremely important that patients be free to choose whatever physicians or hospital they want to go to. And more than seven out of 10 don’t think that pre-existing conditions should be a barrier to coverage.
Gift Cards: Use Them or Lose Them
March 13th 2008If you received a gift card over the recent holidays, you'd better get to using it fast. With US retailers hurting and many seeking bankruptcy protection, the value of your gift card could shrink to zero. Sharper Image, which recently filed for Chapter 11, has announced that it is suspending acceptance of gift cards at least temporarily.
Part-Time Doctors Postpone Retirement?
March 12th 2008Shrinking reimbursements and a lack of professional satisfaction are luring America's older physicians into retirement. According to a recent survey by the Association of American Medical Colleges, 30% of doctors over age 50 plan to retire in the next 10 years. By the time they reach age 65,
Physicians See Financial Benefits of 401(k) Rules Changes
March 10th 2008French classical author Francois de la Rochefoucauld once noted that, "The only thing constant in life is change." That may be a depressing thought, because it's a well-known fact that change is hard. We're all creatures of habit, and when we find our comfort zone, change can be an extremely disruptive force in our lives.
Smokers, Fatties Cheaper to Treat?
March 6th 2008Dutch researchers have come up with the somewhat startling conclusion that, contrary to popular belief, people who smoke or are obese cost the healthcare system less than those who are healthy. But a closer look at the study reveals a perfectly rational explanation for the
Social Security Idea Could Cost Doctors
March 4th 2008Social Security reform hasn't figured heavily in the news since the early years of the Bush Administration, but the issue recently resurfaced among Democrat presidential hopefuls. Senator Barack Obama (D-IL) called for an end to the income level threshold at which Social Security tax stops being deducted, while remarking that most workers
No Sunshine for Florida Neurosurgeons
February 29th 2008A hostile legal climate is creating a severe shortage of neurosurgeons in Florida, according to recent news reports, where malpractice insurance premiums are soaring. Neurosurgeons pay the highest malpractice rates, yet reimbursements for their services remain low.
AMA Shut Out of Medicare Talks
February 28th 2008The quick fix on the Medicare fee cutbacks that the US Congress passed late last year is due to end on July 1, when a 10% cut will be implemented unless the lawmakers act again. But when the US Senate Finance Committee, which is crafting a Medicare package, sits down to
Rating Health Insurers' Efficiency
January 1st 1970Slow pay and no pay. Those are two of the most common complaints that doctors have about insurance carriers. They take too long to pay, they bounce too many claims back to be resubmitted, and they deny claims that doctors think should be paid. But some health insurers do a better job than others.
BP Patients Do Better with Online Help
January 1st 1970Medication, education, plus a dose of lifestyle changes like diet and exercise. That is pretty much the standard treatment for hypertension. But a recent study published in JAMA shows that patients with uncontrolled high blood pressure can do better with blood pressure self-monitoring and regular contact with a healthcare provider through the Internet—and they do it with fewer doctor visits.
Physicians Find Opportunities in Growth of Urgent Care Centers
January 1st 1970“I’m not sure if a lot of the phenomenality of [the growth] is due to recognition more than explosive, exponential growth,” says Lou Ellen Horwitz, executive director of the Chicago-based Urgent Care Association of America. “Definitely, there is growth. We probably see a new one opening up every week. But prior to people paying attention, there may have been one opening every other week, but it wasn’t on the radar.”
Health Net Members Get Mega-Dollar Settlement
January 1st 1970A US District Court judge in New Jersey has approved a $255 million settlement in a class-action suit that involved members of California-based Health Net who used out-of-network physicians. The suit alleged that members who received care from out-of-network doctors and healthcare facilities got less money than they should have because the health insurer used an “invalid” database to determine reimbursement amounts. Under the settlement, Health Net will pay $215 million to the plaintiffs and make another $40 million worth of business practice changes.