From our last discussion on why prescription drugs cost so much, you might remember we introduced this graph:
The only thing worse than bad news is bad news you never saw coming. It happens in healthcare with balance, or surprise, billing. Also known as a pain in the rear. In this video (3:59), Blue Cross and Blue Shield of Louisiana healthcare economist Mike Bertaut explains what balance billing is and how you can avoid it. Read more
When you research the pharmaceutical business and why drugs make up such a large percentage of our healthcare spending nowadays, you’d better be ready for a few surprises.
These days, we’re used to shopping around and getting price information for just about anything within a few clicks! But, it’s not that easy with healthcare. Unlike shopping for clothes, food and most other professional services, it can be tricky to figure out how much different healthcare services cost, or which part of those costs you’ll have to cover out of pocket.
In 2004, some 15 years ago, I began a new life’s journey when I accepted a position right here at Blue Cross and Blue Shield of Louisiana. Louisiana was SO different then. No Hurricane Katrina yet. No Drew Brees. No Super Bowl Championship. Nick Saban was OUR coach! And I had just moved into a brand-new house my wife designed and we built from scratch.
A new rule about HRAs could change how small employers fund health insurance
The numbers in Louisiana are frankly not too good: only 20% of employers with fewer than 10 employees offer their employees a group health plan.