Starting in 2014, one of the signature features of the Affordable Care Act (ACA) will be implemented: No adult with a pre-existing condition can be denied health insurance.
But it seems from recent news reports that both the administration and the nation’s health insurance carriers are getting a little nervous about exactly how much that will cost and whether sufficient funds will be available.
In theory, the individual mandate ensures that enough healthy young people buy insurance to keep premiums affordable and provide enough money to cover the care of the already sick. But no one knows with any certainty … Continue reading
I read with concern yesterday that one of the victims of the recent fiscal cliff deal was the program funding the creation of new non-profit health insurance carriers. Consumer Operated and Oriented Plans, CO-OPs for short, were meant to provide some much-needed competition to the private carriers on the health insurance exchanges and keep premiums more affordable.
At least, that was the theory.
But now Congress has sliced the program’s budget from $6 billion to $2.4 billion. And the money is in the form of loans, not grants. Besides the many other challenges facing these start-ups, they have a very … Continue reading
I shook my head in wonder last night when I read this article: FDA requires lower doses for Ambien, other sleep meds
Doses for women, at least, will be cut in half.
Different bodies metabolize drugs at different rates. Apparently, studies have shown that the morning level of zolpidem (Ambien) remains high enough in some patients, especially women, that their driving skills are impaired.
According to the article, “the FDA has received a number of reports of car accidents connected to zolpidem over the years.”
I couldn’t help but think of the recent news, and my recent post, about… Continue reading
It appears that the 2012-13 flu season is especially severe and has not yet reached its peak, which is when the maximum number of cases have been reported and we start to see a downward trend.
In early November, I posted about the advantages, health-wise and financial, of getting a flu shot.
It’s still not too late, and there is ample vaccine available.
FYI, it takes about two weeks for the vaccine to reach its full effectiveness.
FN… Continue reading
Two days ago I wrote a post about the proposed health insurance exchanges and the federal premium subsidies.
Beginning in 2014, if you buy health insurance from a state-run exchange, your estimated 2014 income will determine if you qualify for a subsidy.
You will need to supply that information to the insurance exchange when you sign up for health insurance. If you qualify for a subsidy, the exchange will then apply to the federal government for the extra funds to cover your premiums.
When you prepare your 2014 tax return (in 2015), you will discover how accurately you guestimated.
The … Continue reading
My family does not have an employer-provided health plan, and we live in a state that will set up a state-run health insurance exchange, so I wanted to learn more about the exchanges and proposed subsidies.
Several recent articles have warned of “sticker shock.” Beginning in 2014, state exchanges must offer plans that cover all “essential health benefits” as defined by the government. In other words, there will be no more “catastrophic” plans with low monthly premiums and high deductibles. (Except perhaps for young adults under 30, but information on this point remains unclear.)
To make such comprehensive … Continue reading
Last night I dreamt that my husband was diagnosed with metastatic melanoma.
He was lying on an exam table for some reason when the nurse spied a large, red spot on his head (he’s not bald, but in my dream he was!) and said “Oh my, that doesn’t look too good.” The doctor then looked and said “It’s a melanoma. I’ll take it off.”
Immediately the doctor excised the melanoma as well as some cervical (neck) lymph nodes, which were also cancerous. The melanoma had spread.
As I watched the operation, I thought Oh, please let this be a dream. … Continue reading
Last week, the publication of three short health care reports caught my eye. Separately, each is a “bad-news-as-usual” snapshot of health concerns; spliced together, however, they create a bigger, grimmer picture of the health and financial future of our country.
First, the Centers for Disease Control and Prevention (CDC) reported that between 1995 and 2010, the incidence of adults diagnosed with diabetes has almost doubled.
Part of the rate increase is explained by improved diagnosis and diabetics living longer, but the report’s authors concluded that the “major driver” is that “the increase in diabetes prevalence coincides with the increase in … Continue reading
Sorry, wrong code
I read a story on Kaiser Health News this morning about the author’s struggle to be a responsible and informed health care consumer: How much for an MRI?
I can completely relate!
I had a similar experience with a heart ultrasound two years ago. It’s a cycle of frustration: You can’t get a price without a procedure code, but you can’t get the correct code until after the procedure is done. Classic.
Health care costs have long been kept hidden from the public—until after you get the bill.
And here’s a funny video put out by the … Continue reading
Yes, that’s right. And a dozen eggs would cost you $55—if the cost of food had risen as quickly since 1945 as has the cost of health care.
This information is provided in a visual tool by the Institute of Medicine (IOM), the independent, non-profit health arm of the National Academy of Sciences.
The graphics also reveal that of the more than 2.5 trillion dollars the US spends on health care each year, more than 30% is waste: unnecessary care, fraud, high administrative costs, and prices that are simply too high.
The cost of health care in the United … Continue reading