New Hampshire Medical Society’s Post

It's not often that political parties can agree, but when it comes to health care price transparency in the United States, both sides of the aisle are on board. The Centers for Medicare and Medicaid Service (CMS) has put guidelines into place requiring medical care providers and insurance companies to let their previously hidden prices be seen online - allowing employers or other payers leverage in obtaining better deals from hospitals. https://lnkd.in/grgTdr5N #tennesseehealthadvocates #medicalbills #patientadvocate #healthinsurance #reviewyourbills #understandyourbills #reviewyourmedicalbills #peaceofmind #billingerrors #savetime #savemoney #fairprice #strategy #information #medicalbillingprofessional

Medicare Open Enrollment Is Full Of Surprises And Traps For Members... as the deadline of Dec 7 approaches, now is the time to check your plan. Reach out if you need assistance. https://lnkd.in/ejruTRCu #medicare #openenrollment #healthinsurance

Important Update: Mahnomen Health will end participation with Humana Medicare Advantage on January 1, 2025. Patients are encouraged to review options during Medicare Open Enrollment to ensure coverage. Learn more: https://loom.ly/t-YMwtQ #MedicareEnrollment #HealthcareUpdate #MahnomenHealth

“The number of people enrolling in Medicare Advantage plans has doubled in the past decade, to about 31 million, now covering more than half of all people on Medicare.” “The program paid commercial insurers about $455 billion last year. But it also costs more than traditional Medicare.” “By next year, Medicare Advantage is set to cost the government $83 billion more than the traditional program would pay to cover the same people.” #medicare #medicareadvantage #MAplans #healthinsurance #patients #seniors #medicine #medicarepartc #medicareforall #bidenadministration #traditionalmedicare MGMA

Elevance Health recently released its earnings report. Highlights include: - Elevance saw a decrease in Medicaid enrollment due to post-pandemic eligibility checks. This changed the overall health profile of their insured population. - Use of healthcare services by Medicare enrollees seems to be stabilizing, leading to improved profitability for Elevance's Medicare plans. Compared to rivals UnitedHealthcare and Humana, Elevance has a smaller presence in Medicare Advantage. Their recent earnings growth seems to be driven more by the commercial insurance segment. Learn more: https://hubs.ly/Q02BJvgV0

"The United States is the only developed nation in the world without guaranteed #universalhealthcare...One 2022 study found that more than 338,000 U.S. Covid-19 deaths could have been prevented if the country had a single-payer universal healthcare system like Medicare for All...the for-profit healthcare and insurance industry—often argue that Medicare for All would be too expensive, a 2020 Congressional Budget Office analysis found that such a program would save between $300 billion and $650 billion annually...approximately 68,000 people die each year in the United States because they lack access to healthcare." https://lnkd.in/eSpWpTdY

Medicare plays a crucial role in providing healthcare coverage for millions of Americans aged 65 and older, along with individuals with specific disabilities or end-stage kidney failure. The program consists of four main components—Parts A, B, C, and D—each serving a unique purpose in covering healthcare expenses. Original Medicare includes Parts A and B, covering hospital and medical insurance, respectively, under government administration. For additional benefits beyond the basics, Medicare Advantage plans (Part C) provided by private insurers offer a comprehensive solution combining services from Parts A and B. Part D specifically helps in managing prescription medication costs effectively. Considering your Medicare options is essential as you approach the enrollment age or contemplate changing plans. Don't hesitate to schedule a phone call with me (https://lnkd.in/gZdtPUM) to start exploring and understanding the available choices. I want to make the process of choosing the right plan as easy as possible for you. #Medicare #HealthcareCoverage #HealthInsurance #MedicareOptions #MedicareEnrollment #HealthcareBenefits

The USA 🇺🇸 has a population of over 330 million, with a complex healthcare system primarily driven by private insurance, public programs like Medicare and Medicaid, and a growing focus on value-based care. 👨⚕️ 🏥 💊 While offering advanced medical technologies and treatments, the system also faces challenges like high costs, unequal access, and disparities in healthcare outcomes. 💻 📱 Key points: - Over 330M people 🏢 - Private insurance dominates 🌎 - Medicare & Medicaid support 🧑🧑🧒🧒 - High healthcare costs 💲 - Ongoing reforms for better access & affordability 🌐 #USHealthcare #Medicare #Medicaid #HealthReform #HealthDisparities #ValueBasedCare #HealthcareAccess #PublicHealth 🌎💉💊

“More than 700 rural hospitals are at risk of closure due to financial problems, with more than half of those hospitals at immediate risk of closure, according to the latest analysis from the Center for Healthcare Quality and Payment Reform.” - Becker's Healthcare Let that sink in. Real estate crisis? Healthcare crisis? Take your pick. How did we get here? "Most 'solutions' for rural hospitals have focused on increasing Medicare or Medicaid payments or expanding Medicaid eligibility due to a mistaken belief that most rural patients are insured by Medicare and Medicaid or are uninsured," according to the CHQPR report. "In reality, about half of the services at the average rural hospital are delivered to patients with private insurance (both employer-sponsored insurance and Medicare Advantage plans). In most cases, the amounts these private plans pay, not Medicare or Medicaid payments, determine whether a rural hospital loses money." - Becker's Healthcare #ruralhealth #hospitals #healthcare #publichealth #healthinsurance #healthcare #healthcarerealestate

⚕️ How “Dual-Eligible” Beneficiaries Fare in Traditional Medicare vs. Medicare Advantage Nearly 13 million Americans are enrolled in both Medicare and #Medicaid for health coverage. In addition to having low income and few resources, “dual-eligible” beneficiaries typically have more complex health care needs than the average Medicare enrollee. A new resource from The Commonwealth Fund offers insights into how the health care experiences of dual-eligible beneficiaries enrolled in the traditional #Medicare program compare with those in #MedicareAdvantage, which provides Medicare benefits through private insurance plans. In nine charts, we show: 📈 How the proportion of dual-eligible beneficiaries enrolled in Medicare Advantage plans has grown. 📊 How the demographic profiles of dual-eligible beneficiaries in Medicare Advantage and traditional Medicare compare. ⭐️ Differences in satisfaction ratings, cost-related delays in care, access to dental, vision, and hearing services, and more.