- To do want he wants to do, RFK Jr will be head of the wrong agency.
- More than 50% of the AMA’s revenue in 2023, or $266 million, came from a budget category that includes medical billing codes. (Statnews)
- From 1997 to 2011, 85% of the increase in real per-capita Medicare spending was on newly created procedure codes.
- Final House Select Committee report: Covid likely came for the Wuhan lab.
- More than one-third of 100 hospitals reviewed did not properly post machine-readable pricing data, as required by law.
Category: Single-Payer/Medicare-for-All
Saturday Links
- Can access to credit affect the quality of health care hospitals deliver?
- Viewpoint: we are at the start of a 4th industrial revolution.
- Medicare Advantage telehealth primary care visits. They are more likely when the beneficiary is frail (39.4%), when the beneficiary is disabled (20.1%) and when low income (8.3%).
- Elevance study: Medicare Advantage saved Medicare as much as $144 billion over ten years. (I’ll have more to say about this study in the near future.)
The Long-Term Care Market is Collapsing; Policy Holders Feel Stranded
In response to something I had written, a man called my office to lecture me about it. He explained that if medical inflation was higher than investment rates of return, it would be nearly impossible for an insurance company to make money selling coverage for long term care. He had a point. Due to the skyrocketing cost of long-term care, many people are finding their long-term care premiums are skyrocketing.
What’s Wrong with Medicaid?
Medicaid currently costs the federal government $800 billion annually, and according to official projections, its expenses are expected to surpass $1 trillion by 2028—a rate of growth that far outstrips the overall economy or family incomes. Research suggests that health care resources are being diverted away from traditional enrollees and to expansion enrollees in expansion states.
Source: Gary D. Alexander and Liam Sigaud (Paragon Health Institute) at RealClear Health.