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A health plan or a car: health insurance for a family of four exceeds $20K in 2012

The saying goes, “you pays your money and you makes your choice.” In 2012, if you have a bolus of $20,700 to spend, you can choose between a health plan for a family of four, or a sedan for the same family. That’s the calculation from the actuaries at Milliman, whose annual Milliman Medical Index [...]

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$12 water and $10 premium increases: how price elasticity is contextual in health and life

A $10 increase in a health plan premium drove up to 3% of retired University of Michigan employees to leave the plan, according to a study from U-M published in Health Economics, The Price Sensitivity of Medicare Beneficiaries. The U-M researchers analyzed the behaviors of 3,182 retirees over four years, to assess the impact of [...]

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The ACA won’t undermine employer-based health insurance and could help the deficit, says CBO (again)

There’s intriguing fine print in the latest CBO analysis on the impact of the Affordable Care Act (ACA) on employer-sponsored health insurance in the U.S. CBO finds there will be 3 to 5 million working Americans without employer-sponsored health insurance due to the implementation of the ACA, according to the report, CBO and JCT’s Estimates of the Effects [...]

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Trust in doctors breeds trust in health IT – context-setting for patient engagement, HIMSS 2012

While the vast majority of people find value in electronic health records (EHRs) — both those whose doctors currently use them and those patients whose personal health information still resides in paper-based systems — most remain concerned about their patient rights, privacy and security of that data.  Making IT Meaningful: How Consumers Value and Trust [...]

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The Trust Deficit – what does it mean for health care?

Technology, autos, food and consumer products — two-thirds of people around the globe trust these four industries the most. The least trusted sectors are media, banks and financial services. Welcome to the twelfth annual poll of the 2012 Edelman Trust Barometer, gauging global citizens’ perspectives on institutions and their trustworthiness. This survey marks the largest [...]

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