July 29- Health insurer Anthem Inc reported a better-than-expected quarterly profit, driven by strong enrollments in its government business, particularly Medicaid. Managed care companies that sell government-sponsored plans for the under-insured or uninsured have benefited from the expansion of Medicaid under Obamacare, boosting revenue in that...» Read More
$1 million isn’t what it used to be, in part because a lot of people don’t know how far it can go, and the amount of time and effort that it would take to spend it.
For the first time in its history, Medicare will soon track spending on millions of individual beneficiaries, reward hospitals that hold down costs and penalize those whose patients prove most expensive. The New York Times reports.
American spends more on health care than any other country. Do you know where it goes?
With health care costs skyrocketing, companies are wondering how they are going to afford coverage for their employees in the years ahead. Bloom Health in Minneapolis re-thought the traditional managed care model and came up with something different.
Over the last 20 years, Americans have witnessed unprecedented advances in care of hospitalized patients. Improved diagnostic procedures, quantum leaps in medical technology, enhanced treatments and a public now familiar with the concept of preventative medical care all mean that healthcare – especially in the hospital – has changed to meet the health care needs of today’s patients.
With stocks shrugging off the wall of worry in the first quarter, the second quarter could prove to be a less rewarding time for those long equity markets as central banks begin to tighten policy via rate hikes or withdrawing extraordinary measures.
A 65-year-old couple retiring this year will need $230,000 to pay for medical expenses throughout retirement, not including nursing-home care. That's 8% lower, but a Fidelity executive says that decrease is temporary.