Insurers operating in Massachusetts, a closely watched state for its plan to lower costs and provide healthcare for all residents, haven't successfully saved money yet--though they have boosted alternative payments to providers.
Although the Affordable Care Act has helped decrease the uninsured rate, it hasn't addressed the underlying problem of healthcare costs, J. Mario Molina, CEO of Molina Healthcare, one of the nation's largest managed care companies.
One way to tackle the stubborn problem of skyrocketing, variable and opaque healthcare costs is to move to an all-payer system, according to an opinion piece published by The Hill.
While debate still rages in many states about the prospect of expanding Medicaid, a new study indicates that the program improves the healthcare experience for many Americans.
The healthcare industry had the highest level of median pay for CEOs last year--$13.6 million--beating out other top industries such as basic materials, consumer goods and financial.
UnitedHealth is expanding its reach in the healthcare industry by getting into the patient care business, aiming to cut healthcare costs. Through its Optum unit, the largest insurer in the country has also become the biggest independent providers of urgent care.
An industry coalition comprised of representatives from Aetna, AARP, the Ambulatory Surgery Center Association, Novo Nordisk and the National Consumers League announced a new venture this week to improve price transparency throughout the health markets.
Consumers highly value their employer-sponsored health plans, but they largely ignore health costs when they enroll in these plans, according to a new survey from marketing firm Benz Communications and technology firm Quantum Workplace.
As insurers increasingly disclose their prices to consumers, the movement might be flawed and could potentially backfire. Without context, the recent price transparency initiatives are essentially meaningless.
Since Mark Bertolini became CEO of Aetna in 2010, he has made several unconventional moves, offering free yoga and meditation classes and raising the incomes of the company's lowest-paid employees by as much as 33 percent. The changes have transformed Aetna into one of the country's most progressive companies.