Hospital consolidation and acquisition of physician groups by growing health systems are driving up health care costs and health insurance premiums without improving patient outcomes, AHIP spokesperson David Allen said. Research indicates hospital consolidation has been linked with 5% higher marketplace premiums, while another study found prices for care are 12% higher at hospitals that have no competition within a 15-mile radius, compared with those that have at least four competing hospitals nearby.
The CMS released quality rankings for 2022 Medicare Advantage (MA) and Medicare Part D plans in advance of Medicare open enrollment, which starts Friday. About 68% of MA plans that include prescription drug coverage will have at least four stars, an increase from 49% this year, and the agency said about 90% of current enrollees in MA plans with prescription drug benefits are enrolled in coverage that earned four stars for the coming plan year.
A survey by Prosper Insights & Analytics found that 71% of employees who held onsite jobs before the pandemic want to continue to work from home once the pandemic ends. Employers must find a way to balance changing work models and the needs of employees in order to continue to support their well-being, writes Prosper Business Development CEO Gary Drenik, and a data-driven approach to measuring return on investment can help them do so most effectively.
AARP examined the increasing popularity of Medicare Advantage plans, with enrollment increasing 10 percent between 2020 and 2021. Reasons for the uptick include a "one-stop shopping experience" for members and high visibility of MA marketing campaigns, but the plans also have room for improvement, writes Dena Bunis.
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