Maddock & Associates Blog
This is one of the first reference based pricing plans we have seen marketing toward small businesses. We have some larger, self-funded plans that use reference based pricing. These plans definitely control costs, but there is a lot of potential for complaints and service issues from the patients. It will be interesting to see what the feedback is from employees/patients who enroll in these plans. https://www.bizjournals.com/triad/news/2018/10/25/bcbsnc-to-offer-small-busines...
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Posted October 26, 2018 at 02:05 PM
Patients are are being denied and affected by Anthem's objective to minimize the use of the emergency department-it is one of the most expensive areas to obtain medical care.https://www.nytimes.com/2018/05/19/upshot/anthem-insurer-resists-paying-emergency-room-visits-if-avoidable.html
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Posted May 21, 2018 at 10:30 AM
President Trump's "America First" initiative is aiming to reduce out-of-pocket costs and encouraging market competition by wanting to reduce and lower pharmaceutical costs and allowing federal programs to negotiate prices. For more information, visit:http://newsmanager.commpartners.com/nahuw/issues/2018-05-11/3.html
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Posted May 14, 2018 at 11:04 AM
Leading hospitals with substantial market or monopoly power can command and have power on how much they will get paid, indicating various insurers pay a wide spectrum of different prices for the same procedures at the same hospitals. For more information, visit:http://www.modernhealthcare.com/article/20180509/NEWS/180509912
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Posted May 10, 2018 at 03:39 PM
Repealing the Affordable Care Act was unsuccessful, but the individual mandate ends next year. Will that have an impact on insurance companies and Americans in the long run? For more information, visit:https://www.forbes.com/sites/brucejapsen/2018/04/24/former-obamacare-ceo-doesnt-think-losing-individual-mandate-will-be-so-bad/#62727bc0516c
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Posted April 25, 2018 at 09:59 AM
As the Trump administration wants to proceed with short-term health insurance, it could result to healthier people with cheaper options, while others with ACA plans may experience more costly premium plans. For more information, visit:https://www.washingtonpost.com/news/wonk/wp/2018/04/23/trump-proposal-could-mean-healthy-people-save-on-insurance-while-sick-middle-class-people-get-priced-out/?noredirect=on&utm_term=.3ef4a3a74fbe
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Posted April 24, 2018 at 09:57 AM
The Washington Health Benefit Exchange announced Thursday it will cut the monthly carrier fee from $7.46 per patient to $3.46 for all 2019 health plans purchased on Washington Healthplanfinder. For more information, visit:http://www.spokesman.com/stories/2018/apr/19/fee-slashed-for-washington-insurers/
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Posted April 20, 2018 at 10:42 AM
Approximately 1.7 million Medicaid beneficiaries could be affected by work requirement proposals in 10 states that require at least 20 hours per week of work or community engagement. http://thehill.com/policy/healthcare/383387-17-million-people-potentially-impacted-by-medicaid-work-requirements-in-10
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Posted April 17, 2018 at 01:46 PM
http://www.maddockinsurance.com/group-insurance-auburn-wa/ Maddock & Associates helps you find more time to focus on your business. We'll educate employees about their benefits, assist them with claims, process enrollments/changes, and keep you up to date with the latest reporting and compliance notification requirements.
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Posted March 15, 2018 at 10:28 AM
House Republicans are looking to make progress in repealing or delaying the employer mandate to provide health insurance. How will repealing the employer mandate effect your own company health insurance? For more information, visit: http://thehill.com/policy/healthcare/373691-house-gop-discussing-repeal-of-obamacare-employer-mandate
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Posted February 14, 2018 at 09:14 AM
