health care costs News

25% of U.S. Health Care Spending Is Waste. Here’s Where to Find It.

Approximately 25 percent of spending in the U.S. health care system can be characterized as waste. That’s between $760 billion and $935 billion annually. A study published today in the Journal of the American Medical Association (JAMA) by researchers from …

At $20K a Year, Health Insurance Costs Undermine Job-Based Health Insurance

The cost of family health coverage in the U.S. now tops $20,000, an annual survey of employers found, a record high that has pushed an increasing number of American workers into plans that cover less or cost more, or force …

Congressional Budget Office Warns of ‘Potentially Disruptive’ Move to ‘Medicare for All’

Congressional budget experts said this week that moving to a government-run health care system like “Medicare for All” could be complicated and potentially disruptive for Americans. The report from the nonpartisan Congressional Budget Office was a high-level look at the …

Investors Betting on Workplace Medical Clinics to Help Employers Contain Costs

A group of investors is putting up $165 million to fuel an expansion of Paladina Health, bringing a recent surge of private funds flowing into companies that run primary-care clinics to more than a half-billion dollars. The venture capital firm …

Most Americans with High Deductible Health Plans Don’t Shop or Save: Study

More and more Americans have health insurance that requires them to open their wallets for the first few thousand dollars’ worth of care they receive every year, before the insurance coverage kicks in. But a new study suggests that despite …

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 …