July 2018

Our e-newsletter for Enterprise Risk Management, Claim Settlement and Healthcare Solutions.

Medical Costs Steady for Casualty and Health Programs

The forecast for medical costs have stabilized for employers, however it is still more than double the Consumer Price Index says the PwC Health Research Institute in their June report. With all of the recent employer “wellness” efforts, employee medical costs continue to grow. So, why are costs still increasing? Read more >>

More Risk, Claim and Healthcare News …
Chronic Illness in the U.S. The April 2018 Kaiser Health Tracking Poll finds 60% of people have immediate family members who have chronic health conditions that require ongoing medical treatment, and 33% of those dealing with a chronic condition have had problems paying their medical bills in the past 12 months. View article...
Medicare Modernizing Home Health Care. On July 2, 2018, the Centers for Medicare & Medicaid Services (CMS) proposed significant changes to the Home Health Prospective Payment System to strengthen and modernize Medicare, drive value, and focus on individual patient needs rather than volume of care. View article...
Insurance Market Disruptions Anticipated Due To Medicare Risk Adjustment. Health insurers warn that a move by the Trump administration on 7/7/18 to temporarily suspend a program that was set to pay out $10.4 billion to insurers for covering high-risk individuals last year could drive up premium costs and create marketplace uncertainty. View article...

Google and FitBit Deal Could Affect Claims Management. In their recent announcements, “ Fitbit intends to use Google’s new Cloud Healthcare API to help the company integrate further into the healthcare system, such as by connecting user data with electronic medical records (EMR). Combining Fitbit data with EMRs can provide patients and clinicians a more comprehensive view of the patient profile, leading to more personalized care.” View article…

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