I love working for Blue Cross and Blue Shield of Louisiana. And I am 100% sold on the notion that the best way to pay for a person’s healthcare is by creating entities just like us and giving them the freedom to make local decisions and manage our healthcare funds.
The pictured quote was part of a weekly address from President Obama in August 2009.
One of the most confusing parts of the Patient Protection and Affordable Care Act (PPACA) is the notion of a “direct from Washington D.C.” definition of health insurance called an “ACA Compliant Health Plan.”
The fastest-growing part of your health insurance premiums may not be immediately obvious to you. It’s not hospital costs or doctor’s costs or the cost of lab services, X-rays or surgeries. The answer is spellbinding…
By Michael Bertaut, Healthcare Economist
Perhaps the saddest tale of the Affordable Care Act (ACA) is the saga of the co-ops. These plans were asked to do the absolute impossible and it’s no surprise that they haven’t accomplished it.
By Michael Bertaut, Healthcare Economist
Anyone who has put together a home budget can tell you that the simplest (in theory) way to save money is to spend less. That applies to healthcare as well. At Blue Cross, we spend 84% of your premiums on actual healthcare, so we can make the biggest impact in controlling premium costs by actually keeping healthcare spending lower.
By Michael Bertaut, Healthcare Economist
The debate is lively and nationwide. Why does the U.S. healthcare system cost so much? Why invest so many of our tax dollars into our healthcare system? And how do we stack up to other countries?
