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[Guidance Overview]
"The Departments have already finalized requirements for hospitals to disclose their standard charges, including negotiated rates with third-party payers, which take effect on January 1, 2021. ... The insurance pricing transparency final rule has three major aspects to making pricing information more available for consumers while incentivizing consumers to shop for services from lower-cost, higher-value providers."
Frost Brown Todd LLC
"The average cost of a COVID-19 test in the commercial market is $130. In contrast, out-of-network cost [is] more than $185 for nearly half of diagnostic tests and a third of antibody and antigen tests. This represents a 10% increase in the share of high cost diagnostic and antibody tests since July. The share of COVID-19 tests administered out-of-network increased by 14%. As much as 16% of out-of-network test claims were more than $390 -- three times the average cost."
America's Health Insurance Plans [AHIP]
"In this analysis, [the authors] ... estimate the shares of a typical nongroup insurance premium attributable to an array of different benefits. [They] also estimate the financial implications for people using those benefits should they be eliminated from the nongroup insurance benefit package."
Urban Institute
"For those ... ages 55 to 64, most are worried about their ability to afford health insurance before reaching the current Medicare eligibility age of 65. Fifty-seven percent of the employed group is worried ... Thirty-three percent of those employed and unemployed and under 65 are planning to reduce preventive care appointments and/or everyday household purchases like groceries to afford health insurance before they reach 65.... Thirty-eight percent of the non-working group gets health insurance through either a former employer or a partner's employer[.]"
InsuranceNewsNet.com
Press Releases
PCS Retirement Debuts New Marketing Team PCS Retirement
Therese Mantell Joins OneDigital as Benefits Consultant OneDigital Health and Benefits
Most Popular Items in the Previous Issue
Group Health Plan Coverage of COVID-19 Testing and Vaccines HUB International
What Happens When COBRA Deadlines Become Suggested Time Limits? Paul M. Hamburger of Proskauer Rose LLP, via HR Daily Advisor
Employers Express Interest in Individual Coverage Health Reimbursement Arrangements Willis Towers Watson
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