Healthcare Shopping Becomes an Amazon-Like Experience: Vitals SmartShopper. Seriously! RIGHT NOW!
A few weeks ago, I was invited to speak at a large meeting of employers who offer health insurance (and lots of other benefits) to their employees. All of them said they are struggling with continuing to pay for those benefits. As we entered the Q&A portion of the program, a very nice lady about halfway back stood up and fired a broadside at me:
Straight Talk Podcast
Listen to Mike tell it Straight! Our Straight Talk podcast series brings you the latest information and updates on healthcare reform, costs & quality.
“Did you know that health insurance companies that participate in federal or state programs also have stricter gross margin/profit caps on that business? For example, the Medicaid health plans in Louisiana have to pay state and local taxes, and they pay for all administration on 15 percent of the payments they get from the state for managing care of Medicaid patients.”
Don’t you ever get tired of hearing it? I sure do, the same old song:
Most of us have already been there. Someone very dear to you, a child, parent, brother, sister or spouse gets sick, and then really sick, and you get scared. And of course, it’s 11:30 at night on a Saturday! What to do?