health care costs News

Delaware City to Pay at Least $9M to Cover Injured Firefighters’ Care

Wilmington officials say they’ll have to pay $9 million or more to cover the health care costs for four firefighters injured in a blaze that killed three of their colleagues last year. Mayor Mike Purzycki tells The News Journal of …

New Jersey Court Backs Approval of Horizon’s Tiered Health Plan

A New Jersey appeals court upheld a decision by New Jersey regulators to approve a new alliance formed by the state’s largest health insurer. The New Jersey Department of Banking and Insurance didn’t break the rules when it approved Horizon …

Vermont to Become 1st State Requiring Drug Makers to Explain Price Hikes

Vermont is poised to become the first state requiring drug companies to explain their price increases, and Bob and Deborah Messing think that’s a good idea. The Messings live in Montpelier and are in their early 70s. She’s on Orencia, …

Drug Price Transparency Bill Stalls in Virginia General Assembly

Legislation to make drug makers reveal how much they spend marketing high-priced drugs has stalled in the Virginia General Assembly, at least for this year. Virginia state senators said the bill wasn’t ready for prime time, but was an issue …

Obamacare Tax Stalls ‘Cadillac’ Health Plans

Large employers are increasingly putting an end to their most generous health-care coverage as a tax on “Cadillac” insurance plans looms closer under Obamacare. Employees including bankers at JPMorgan Chase & Co. and college professors at Harvard University are seeing …

The Promise of Telemedicine to Pare Health Costs

Telemedicine could potentially deliver more than $6 billion a year in health care savings to U.S. companies, but only if the technology is widely-adopted. According to analysis by global professional services company Towers Watson, achieving this level of savings would …

Health Cost Increases in 2013 Were Lowest in Decade: Aon Hewitt

There was some relatively good news in health care this year. U.S. employers and their employees saw the lowest health care premium rate increases in 2013 in more than a decade, according to global consultant Aon Hewitt. After plan design …

Technology, Not Presidents, Drives Healthcare Costs

Last week I attended Brookings Papers on Economic Activity to watch some of the smartest economists in America debate some of the most interesting papers. The very first paper presented is of particularly timely interest: “Is This Time Different? The …

Businesses Seek Cure for Health Care Cost Surge

A year ago, Teresa Hartnett was on the verge of expanding her small business. The company had hit $1 million in sales, and requests from clients were flowing in. She planned to transition from nearly 30 freelancers to a full-time …

Indiana State May Charge Tobacco Users More for Insurance

Next year, Indiana State University employees who smoke or use other tobacco products could face a $1,200 per year surcharge if they have university health insurance. Also, employees who voluntarily agree to health screenings and health risk assessments would receive …