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  As health insurance premiums and out-of-pocket obligations increase, so does the number of Americans who are “functionally uninsured” " And that’s not all the bad news:  Not only do Americans pay more and more every year for health insurance, but  they are also now paying significantly more out-of-their own pockets before their coverage kicks in than they did 10 years ago. 61% more, in fact. "   The  average  premium for a family health insurance policy through an employer has increased 43% over the past 10 years, from $15,745 in 2012 to $22,463 this year.  That’s according to the Kaiser Family Foundation, which conducts annual surveys to arrive at the cost of employer-sponsored coverage.  This year’s survey  was released last Thursday. I highlighted the word “average” because half of U.S. families and their employers–especially small businesses, with 50 employees or fewer–paid more than that. Often considerably more.  And that’s not all the bad news:  Not only do Americans
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  Just when you thought you were finished with that last report. ERISA-Covered Companies Must Disclose Health Plan Costs An array of required disclosures These rules place new transparency obligations on group health plans and health insurance issuers subject to ERISA, including:     Publicly reporting health plan prices for medical and prescription drug services,  Developing cost-sharing tools for plan participants,   Eliminating surprise billing,   Removing gag clauses from health plan contracts, and   Reporting healthcare, pharmacy benefits, and prescription drug costs to the federal government.     https://docket.acc.com/erisa-covered-companies-must-disclose-health-plan-costs      Discover Telethink #directcare #transparency #costreduction  #noninsurance    #healthbenefits                                                                                                                                          
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  Higher health costs make it harder for companies to hire workers, employers say Most say it’s affecting their ability to offer better compensation, according to a new survey. Employers are angry about the price of drugs and hospital costs. Employers say that higher healthcare costs are hurting their ability to recruit and retain workers . https://www.chiefhealthcareexecutive.com/view/higher-health-costs-make-it-harder-for-companies-to-hire-workers Health Insurance Is Unaffordable. Health Care Is Not This Could Be the Answer to Offering Health Care Benefits or, Reducing Costs If You Are Insured More: https:telethink.net/employers
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  Discover Telethink #directcareservices #transparency #costreduction #employeeretention The next health care wars are about costs Where it stands: Even insured Americans are struggling to afford their care, the inevitable result of years of cost-shifting by employers and insurers onto patients through higher premiums, deductibles and other out-of-pocket costs. But employers are now struggling to attract and retain workers, and forcing their employees to shoulder even more costs seems like a less viable option. Tougher economic times make patients more cost-sensitive, putting families in a bind if they get sick. Rising medical debt, increased price transparency and questionable debt collection practices have rubbed some of the good-guy sheen off of hospitals and providers. All of this is coming to a boiling point. The question isn't whether, but when. https://www.axios.com/2022/11/02/health-care-costs-congress-insurance-politics https://telethink.net/employers
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  New Health America by Telethink "By the age of 65, the average cost of healthcare for an individual is over 11,300 dollars per year in the US." Personal Finance About 75% of all doctor, urgent care, and ER visits “are either unnecessary or could be handled safely and effectively over the phone or video,” according to statistics from the American Medical Association and Wellness Council of America. https://www.accessadoctor.com/get-started.html?pcode=GG69425 (cancel anytime)
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Telethink a convener of #healthcare services and benefits https://www.healthcaredive.com/spons/transforming-virtual-care-to-virtual-first-care-beyond-the-pandemic/626782/
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  https://www.medpagetoday.com/opinion/kevinmd/97023?xid=nl_mpt_DHE_2022-02-07&eun=g2087004d0r&utm_source=Sailthru&utm_medium=email&utm_campaign=Daily%20Headlines%20Top%20Cat%20HeC%20%202022-02-07&utm_term=NL_Daily_DHE_dual-gmail-definition ​ ​ Automated revenue streams in telehealth and remote patient monitoring http://telecallmd.com #homebasedcare