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.
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Congratulations! You have managed to hang in through two parts of a rather elaborate series in which I’m trying to show what could happen if courts uphold the current court decision in Texas v U.S. declaring the Affordable Care Act (ACA) unconstitutional.
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Here at Straight Talk, we’re usually talking about things that drive up your healthcare and health insurance costs. So, it’s nice to be able to share some good news with all of you!
Requiem for the Individual Mandate
I’ve always liked the word “requiem,” which the dictionary says means “a ceremony or remembrance of someone who has passed away.”
In this edition of the Straight Talk podcast, Mike Bertaut talks with Brice Mohundro, a clinical pharmacist at Blue Cross and Blue Shield of Louisiana, about the opioid epidemic in the United States.
“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.”
