Medicare Part D is the rare program that is affordable for both consumers and the federal government. Preferred pharmacy networks, which reduce costs, are a key contributor to the program’s overall success as these networks sift out drugstores that demand higher rates than nearby competitors.
Having grown up in a military family and served as an Army physician in Iraq, I’ve seen firsthand the importance of our service members’ safety, both on and off the battlefield. Thanks to recent advancements at the Department of Defense and in Congress, we now have the potential to bring the medical training of our troops into the 21st century and save more lives—improvements that have been a long time coming.
On Friday (Nov. 15), the House Committee on the Judiciary held a hearing on the state of antitrust enforcement, where committee members raised concerns about the controversial 2012 merger of Express Scripts Inc. and Medco, which created the country’s largest pharmacy benefit manager (PBM).
In July, after dozens of reports of employers cutting jobs and hours, the Obama administration announced it would delay the Affordable Care Act employer mandate.
Last week, after hundreds of news stories about the president’s broken promise to allow Americans to keep their current insurance, the administration announced it would allow a change that would delay insurance cancellations for one year.
Innovations in health IT have great promise to improve the quality, cost and patient experience of care. That’s a bold statement that can only be realized if we pave the way for growth and innovation.
Congressional hearings on health care can be contentious, but the story will be different today (November 19), when the bipartisan House Medical Technology Caucus convenes a forum with representatives from FDA, manufacturers, and hospitals to discuss how new tracking codes for medical devices can enhance recalls and assessments of heart stents, glucose monitors, and other products patients need.
The cancellation of millions of policies is precisely what the law was designed to do.
Why should patients care about how physicians are paid? Because the way we as a country, and Medicare as the largest payer, compensate physicians directly affects the care patients receive.
Millions of Americans are opening the mail to find their health insurance plan would no longer exist in 2014 because it does not cover all the essential benefits required by the Affordable Care Act.
If ever there was a time for acknowledging the mistakes of the Affordable Care Act and learning from them, that time is now. What began with years of inaccurate statements about what Obamacare would do for America’s healthcare system began manifesting itself as a fatally flawed sign-up website that took longer to build than for the United States to defeat Germany in WWII.