medical costs News

Texas Workers’ Comp Networks Have Lower Medical Costs Than Non-Networks

Texas workers’ compensation claims handled through health care networks have lower medical costs than those managed outside networks, a state report finds. The Texas Department of Insurance has published its 2020 Workers’ Compensation Network Report Card Results showing networks outperform …

Surprise Medical Bill Moving in Congress Could Help Insurers As Well as Patients

Congress is closing in on a deal that could shield patients from surprise medical bills, eliminating a source of frustration for Americans who face unexpected charges from emergency care and other procedures. The question for the health-care industry is whether …

Drug Advertising Drives $30 Billion Medical Industry Marketing Machine

Ads for prescription drugs appeared 5 million times in just one year, capping a recent surge in U.S. medical marketing, a new analysis found. The advertisements for various medicines showed up on TV, newspapers, online sites and elsewhere in 2016. …

Big Pharma Resuming U.S. Price Hikes in January After Pause: Reuters Report

Novartis AG and Bayer AG are among nearly 30 drugmakers that have taken steps to raise the U.S. prices of their medicines in January, ending a self-declared halt to increases made by a pharma industry under pressure from the Trump …

Massachusetts Woman Sues Utility, Town After Child Hurt by Falling Branch

A Massachusetts woman whose 2-year-old child was injured when a tree branch fell on her SUV has filed a lawsuit alleging utility Eversource and the town of Southampton, Mass., knew of dangerous tree limbs yet didn’t cut them down. The …

Don’t Blame Demanding Patients for High Medical Costs: Study

New research has found that patients make almost no unreasonable requests for medical treatment, undermining the tendency by doctors to blame higher healthcare costs on the demands of those they care for. Only 1 percent of cancer patients ask for …

Rise in Auto Injury Medical Costs Tops Inflation While Severity Declines

Medical expenses reported by auto injury claimants continue to rise faster than the rate of inflation, in spite of the fact that the severity of the injuries themselves remains on a downward trend. A new study by the Insurance Research …

Texas Workers’ Compensation Health Care Networks Show Improvements

Workers’ compensation networks certified by the Texas Department of Insurance (TDI) continued to show improvements in medical costs, return-to-work outcomes, and health outcomes in the latest annual report card published by TDI’s Workers’ Compensation Research and Evaluation Group (REG). Networks …

Idaho Religious Groups Could Get Exemptions From Insurance Laws

Nonprofit religious groups that help members share medical costs are a step closer to being exempted from Idaho insurance laws. The Senate to back removing Health Care Sharing Ministries from the state’s definition of an insurance company. The bill’s sponsor, …

Medical Don’ts: Doctors Identify Unnecessary, Harmful Tests, Treatments

Now there are 135. That’s how many medical tests, treatments and other procedures – many used for decades – physicians have now identified as almost always unnecessary and often harmful, and which doctors and patients should therefore avoid or at …