Prices for Long-Term Care Insurance Costs Explode

Long-term care insurers, citing significant losses, are raising rates as much as double for customers.
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Walmart Expanding Health Care Services

Walmart has a deal with insurer, Anthem, one of the largest insurers in the nation, to encourage those on Medicare to purchase over-the-counter medication and health supplies at Walmart. Experts say Walmart may soon be looking into providing health services including basic medical care. Read more…

New Laws Proposed to Limit “Surprise Billing”

Senators from both parties are looking to limit or end the practice known as “surprise billing or “balance billing” which occurs when hospitals or doctors charge patients for doctors and hospitals not in their network. The new legislation would require patients to pay what is outlined in their insurance plan, but not above that, instead looking back to the insurance company for resolution. Another proposal would have hospitals notify emergency patients their insurance is out of network and provide the option to leave and go to a new facility.

High Deductibles Creating High Costs for Patients

dreamstime_m_40277882In the health insurance business, high deductibles were originally meant to help lower costs for patients while giving them more responsibility to pay, avoiding un-needed procedures and doctor’s visits. However, studies are finding that instead, high deductibles keep people who need medical attention from going to get it—and employers are beginning to question how effective these plans are for their employees. Read more.

(Source: Bloomberg.com)

Cybersecurity is More Important Than Ever in 2018

Webp.net-compress-imageA year After WannaCry and NotPetya ransomware created massive breaches for health care organizations, cyberattacks are only increasing—meaning health care facilities must be even more vigilant about their cybersecurity. In just the first six months of 2018, cyberattacks were up 13%. Information breached in an attack can be sold on the dark web and hackers are always looking to profit from stolen data. Read more.

(Source: Modern Healthcare)