Prices
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HCCI Insulin Report Receives Extensive Media Coverage
Tags: CBS, Chronic Conditions, CNN, Diabetes, Drug Spending, HCCI News, Insulin, NBC, Prices, The New York Times
Read more: HCCI Insulin Report Receives Extensive Media CoverageHCCI’s recent report on trends in rising insulin prices received additional media coverage in the last week in outlets including NBC, CBS, CNN, The New York Times, The Hill, U.S. News & World Report, and USA Today. From CNN: “Congress and the Trump administration continue to push for a drug pricing plan and were given more…
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Reuters: U.S. Insulin Costs Per Patient Nearly Doubled From 2012 to 2016: Study
Read more: Reuters: U.S. Insulin Costs Per Patient Nearly Doubled From 2012 to 2016: StudyHCCI’s latest research on rising insulin prices was recently featured in Reuters. HCCI’s report detailed both use and price trends of insulin used by those with type 1 diabetes from 2012 to 2016. Per Reuters article: “A person with type 1 diabetes incurred annual insulin costs of $5,705, on average, in 2016. The average cost was…
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Vox: Prices at Zuckerberg Hospital’s Emergency Room are Higher Than Anywhere Else in San Francisco
Read more: Vox: Prices at Zuckerberg Hospital’s Emergency Room are Higher Than Anywhere Else in San FranciscoHCCI’s claims data was recently used to support investigations by Sarah Kliff into emergency room pricing in San Francisco. From Vox: “Data from the non-profit Health Care Cost Institute shows that the average price at other San Francisco-area emergency rooms is $2,000 — less than half the city hospital’s price. “A privately insured patient does not…
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Spending on Individuals with Type 1 Diabetes and the Role of Rapidly Increasing Insulin Prices
Read more: Spending on Individuals with Type 1 Diabetes and the Role of Rapidly Increasing Insulin PricesWe used health care claims data to investigate trends in total health care spending on individuals with type 1 diabetes between 2012 and 2016. We found a rapid increase in total health care spending, driven primarily by gross spending on insulin that doubled over the period. During that time insulin use rose only modestly. While…
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Trends In Primary Care Visits
Read more: Trends In Primary Care VisitsOffice visits to primary care physicians (PCPs) declined 18 percent from 2012 to 2016 for adults under 65 years old with employer-sponsored health insurance, while office visits to nurse practitioners (NPs) and physician assistants (PAs) increased 129 percent. Comparing 2012 to 2016, there were 273 fewer office visits per 1,000 insured individuals to primary care…
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American Academy of Actuaries: Estimating the Potential Health Care Savings of Reference Pricing
Read more: American Academy of Actuaries: Estimating the Potential Health Care Savings of Reference PricingExecutive Summary: High and rising health care prices play a major role in the persistent increases in health care spending. This study, undertaken by the American Academy of Actuaries Health Practice Council, explores the potential for reference pricing to counter high health care prices and contain health care spending growth. Reference pricing is a system…
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Understanding how price growth affected areas differently across the country
Read more: Understanding how price growth affected areas differently across the countryRecently, the Health Care Cost Institute (HCCI) published its Healthy Marketplace Index (HMI) – Price Index report, examining relative health care prices in 112 different metropolitan areas. This report is the first in a new series of releases from the HMI project, funded by the Robert Wood Johnson Foundation, which compares commercial health care markets…
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Wall Street Journal: Employer-Provided Health Insurance Approaches $20,000 a Year
Read more: Wall Street Journal: Employer-Provided Health Insurance Approaches $20,000 a YearHCCI’s 2016 Annual Report was cited in the WSJ: The HCCI findings are “pretty compelling,” said Paul Ginsburg, a professor at the University of Southern California. “Higher prices from providers is the most important element in rising premiums in the past few years.” Employer-Provided Health Insurance Approaches $20,000 a Year – WSJ The average cost…
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Wall Street Journal: Behind Your Rising Health-Care Bills: Secret Hospital Deals that Squelch Competition
Read more: Wall Street Journal: Behind Your Rising Health-Care Bills: Secret Hospital Deals that Squelch CompetitionHCCI data was featured in The Wall Street Journal showing that insurers pay higher prices for some services performed on an outpatient basis that could also be performed in doctors offices.
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The Wall Street Journal: Behind Your Rising Health-Care Bills: Secret Hospital Deals That Squelch Competition
Read more: The Wall Street Journal: Behind Your Rising Health-Care Bills: Secret Hospital Deals That Squelch Competition“Last year, Cigna Corp. and the New York hospital system Northwell Health discussed developing an insurance plan that would offer low-cost coverage by excluding some other health-care providers, according to people with knowledge of the matter. It never happened. The problem was a separate contract between Cigna and NewYork-Presbyterian, the powerful hospital operator that is…