A recent press release by the U.S. Attorney’s Office, Southern District of Florida blasted the headline, Fraud Scheme Involving Baby Formula Leads to 18-Year Federal Prison Sentences for Swindlers. Health care fraud in South Florida should come as no surprise. With its large Medicare population, South Florida is a haven for all manner of medical fraud…
Category: Health Insurance
Hospitals Perform a Ton of Unnecessary Procedures… Even During Covid
When Covid-19 struck in early 2020 many hospitals and hospital outpatient clinics began to scale back or stopped performing non-emergency procedures. The idea was to avoid putting patients at risk of Covid or to reserve capacity for those with Covid. At least that was the theory and partly why hospitals were provided federal bailout funds…
Another Way to Lower Health Insurance Costs
This is Michael Cannon (gated):
In 2014 … the Obama administration exempted health insurance in American Samoa, Guam, the Northern Marianas Islands, Puerto Rico and the U.S. Virgin Islands from those regulations. Subsequent administrations have preserved this exemption.
If [Florida] lawmakers pass a law recognizing insurance licenses from U.S. territories, Florida consumers and employers could purchase individual or group plans from insurers in Puerto Rico or any other U.S. territory.
Many established health insurers already do business in the territories, including Aetna, UnitedHealthcare, Humana and BlueCross BlueShield — each of which already has provider networks in Florida.
Opening Florida’s market would improve the quality and cost of health insurance. Floridians could save 50% or more on their plans.