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Monday, August 31, 2015

Isn't It Time That The Impact on Patients Be the Major Concern?

When exactly did we cross the threshold where we became more concerned about the financial impact on hospitals and doctors than on the health, and sometimes, actual lives of patients? Why do commentaries, such as this one , which call out the shame of not righting this wrong in New York state, still include an argument that expanding laws allowing malpractice claims are likely to only result in a minimal increase in actual claims? To give the author's credit, they make many of the right... Read More
Posted by Cristie Travis at Monday, August 31, 2015
Quality Commentary Medical errors

Monday, August 31, 2015

Narrow Networks Can Result in "Surprise" Bills for Patients and Employers

We've all heard the stories, or even experienced it ourselves, about finding out after-the-fact that the anesthesiologist used during surgery was out-of-network and, therefore, the patient and employer owe a lot more for those services that expected. This happens even though the hospital is in-network. This situation is becoming even more frequent due to the expanded number of narrow-networks put in place with the advent of the Marketplace (aka public health insurance exchange) and in the... Read More
Posted by Cristie Travis at Monday, August 31, 2015
Commentary Healthcare Cost Cost Narrow Networks

Monday, August 31, 2015

New, Very Expensive Treatments for Cholesterol Approved

NOTE: MBGH's new, specialty pharmacy management program for members is exactly what employers need to make the tough decisions around how to manage the costs of the new, very expensive treatments for high cholesterol, while still getting this treatment to those that need it. Contact Cristie at ctravis@memphisbusinessgroup.org to learn more. Two drugs in a new class of cholesterol-lowering treatments have now been approved by the FDA --  Praluent, made by Sanofi Regeneron... Read More
Posted by Cristie Travis at Monday, August 31, 2015
Healthcare Cost Cost MBGH Member Benefits Specialty Medications Specialty Medications

Monday, August 31, 2015

Flexible Spending Accounts May Disappear

Richard Stover, an actuary with Buck Consultants, predicts that Flexible Spending Accounts (FSA) will be the first to go if the Cadillac Tax moves forward as planned. FSAs allow employees to save their own money, pre-tax, to pay for various health-related expenses including co-pays and deductible, eye glasses, and more. According to Stover, eliminating FSAs may be the most obvious way the Cadillac Tax impacts the middle class. The Cadillac Tax, which taxes the amount of benefits over... Read More
Posted by Cristie Travis at Monday, August 31, 2015
Health Reform Health Benefits Cadillac Tax

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Cristie Upshaw Travis
Chief Executive Officer, MBGH
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