The Plain and Ugly Truth about Rate Increases
In January 2010, just a few months before healthcare reform law passed, I got a study by a national actuarial firm that measured the impact of state regulations on health insurance plan pricing. This study showed WIDE variation in the definition of an individual health insurance policy, and how plans were priced, from state to state.
As we move further into this presidential election year, I am getting more and more questions like this: “So, Mike, you understand this healthcare stuff, right? Which candidate has the best plan to fix healthcare?”
I can’t help but notice some folks talking on our social media about eye-popping price increases. I’m hearing talk of premiums doubling, or even tripling, since last year. What’s the story with this?
The Difference Among PPO, HMO and High-Value Networks
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.