|What We’re Reading|
Are you ready for summer? Because it’s time to show off your ABS! The latest issue of America’s Benefit Specialist is now available online and in your mailbox.|
- Among the biggest obstacles for enacting single-payer healthcare may be hospitals, which are voicing their concerns about a drop in reimbursements that could cost community hospitals as much as $151 billion annually.
- The White House is considering an executive order to increase healthcare price transparency, to include requiring insurers and hospitals to disclose the discounted rates they negotiate for services, but it is facing intense backlash from stakeholders throughout the industry.
- Senators Patty Murray (D-WA) and John Cornyn (R-TX) introduced the Second Look at Drug Patents Act to improve the process for challenging patents.
- Kaiser Health News takes a look at all the personal data being turned over by consumers who regularly use smart beds and other sleep apps.
- An HHS task force released recommendations against overreliance of prescription drug monitoring programs as more research is needed to figure out how best to use the programs in inpatient and outpatient settings.
- The World Health Assembly adopted a compromise resolution urging greater transparency on drug prices that calls for countries to “work collaboratively to improve the reporting of information by suppliers on registered health products.”
- Republican Senators Rick Scott (R-FL), Cory Gardner (R-CO) and Susan Collins (R-ME) introduced the Prescription Drug Reporting Act to establish a public database of medicines' list prices.
- An analysis of pharmaceutical company CEO pay finds that while stock prices have dropped, executive pay has dramatically increased in the last year.
- The Connecticut Association of Health Plans sent a letter to Governor Ned Lamont (D) opposing the proposed public option in the state.
- NAHU has long cited tort reform as a key component of cost containment, and a new analysis finds that much of that savings can come from just a handful of doctors, with a small number of doctors accounting for a significant share of medical malpractice claims, but few repeat offenders discontinue practicing medicine.
- The Trump Administration finalized updates to PACE, the Programs of All-Inclusive Care for the Elderly, aimed at keeping frail seniors out of nursing homes and other institutional settings.
- The Government Accountability Office released a report showing that more than $5 billion in federal grant funding to help states improve child care is used in ways that benefit both kids who receive subsidized child care and those who do not.
- A report by the British Medical Journal's Open Diabetes Research and Care finds that the number of Americans newly diagnosed with diabetes fell by more than one-third since 2009.
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