health change bulletin
Health Change Bulletin                                                                      August 23, 2018
  
Deloitte 9/13/18 Webinar
  Sponsor Message
Quote 
  "We know technology can improve the quality of life of the aging population and those who care for them. Now, we have a great opportunity to serve the needs of these customers by combining GreatCall's expertise with Best Buy's unique merchandising, marketing, sales and services capabilities."   
-Hubert Joly, Best Buy Chairman and CEO
 
Factoid
 
Under the Employer Mandate, Applicable Large Employers (ALEs), organizations with 50 or more full-time employees and full-time equivalent employees, are required to offer minimum essential coverage to at least 95% of their full-time workforce (and their dependents) whereby such coverage meets minimum value and is affordable for the employee or be subject to IRS 4980H penalties. The IRS has issued over 30,000 penalty notices totaling over 4.4 billion for the 2015 reporting year alone and these notices continue to be issued each month. A report from the Congressional Budget Office predicts these penalty assessments could total up to $12 billion in 2018.

Source: ACA Times
   
News 
  U.S. Hospitals Shut at 30-a-Year Pace, With No End in Sight
Bloomberg, August 21, 2018

Medicare Could Have Saved Nearly $1 Billion By Using Generics, Study Finds
Washington Examiner, August 21, 2018

Anthem Ties-Up with Walmart for Over-the-Counter Drugs
Reuters, August 20, 2018

States Rush to Rein In Prescription Costs, and Drug Companies Fight Back
New York Times, August 18, 2018

Best Buy Acquires GreatCall, Expanding Reach In Health Space
Press Release, August 15, 2018

CVS Launches Program Targeting Expensive New Drugs
The Hill, August 14, 2018

Google Parent Invests $375M in ObamaCare Startup Oscar
The Hill, August 14, 2018

Fearing ‘Blue Wave,’ Drug, Insurance Companies Build Single-Payer Defense
The Hill, August 10, 2018
   
 
 
Insights
  The Man Who Used To Run Medicaid Has A New Idea To Make It Better
Forbes, August 22, 2018

Priced Out of Health Insurance, Americans Rig Their Own Safety Nets
Bloomberg, August 22, 2018

Amazon’s Latest Health Care Hire is a Master of Bringing Tech into the Clinic
STAT, August 21, 2018

US Sees Drop in Life Expectancy, Largely Due to Opioid Crisis Among Young Adults
AJC, August 21, 2018

It's Not Just the Uninsured — It's Also the Cost of Health Care
Axios, August 20, 2018

The States Tackle Health Care Reform
US News, August 10, 2018
 
 
    
HealthshareTV video
 

 
U.S. Health Secretary Has Power To End Drug Rebates   U.S. Health Secretary Has Power To End Drug Rebates

U.S. Health and Human Services Secretary Alex Azar outlines details of new health program from the U.S. government. The program offers access to short-term insurance plans that are not compliant with the Affordable Care Act.
    

 
Check out HealthshareTV, the home for health care videos    
 
Healthsprocket List 
 
  Think Advisor: 5 More Things to Know About the New Short-Term Medical Final Regs

1. Short-term medical insurance could end up in an interesting horse race with Affordable Care Act public exchange plan coverage.
2. Short-term medical insurance distributors are predicting that they’ll have the capacity to meet any surge in demand that materializes as a result of the lifting of the duration cap.
3. Continue reading here

Source: Think Advisor, August 2, 2018
 
      
 
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