Council for Affordable Health Coverage: The Price Of Good Health – What Voters Want
The first panel of the day, "The Politics of Healthcare: Where we are as a country?" was moderated by
* Voters care about costs.
*
* Helping small businesses afford health insurance is a popular issue.
Director Fowler was the next to take the stage. She focused on CMMI's plans for 2023 and beyond. Highlights from her session include:
* CMMI's goal includes releasing at least three new payment models on advanced primary care, which is part of a larger effort to increase the number of specialists in value-based care.
* CMMI aims to reach 100 percent participation in accountable care organizations by 2030.
* Aligning financial incentives across the healthcare system is an important goal for CMMI, and the agency is committed to patient-reported outcomes measures in all models to capture what beneficiaries want from the system.
A discussion titled, "Healthcare Costs- How do we combat the affordability challenge?" followed Director Fowler's comments. The panelists included
* Premiums have skyrocketed over the past few years and the incremental reform being discussed in
* For years, lawmakers have layered policies on top of each other without reworking or taking anything away; It is important to look back and identify policies that do not function as intended.
* Healthcare costs are unsustainable because healthcare pricing is unsustainable- to correct this, we must attack rising costs to reduce the burden on individuals.
* An open, transparent market that incorporates interoperable systems for patient data is a crucial step to lowering costs. Data exchanges must be streamlined, health records should be accessible globally, and we must introduce more competition.
Congresswoman
Next, Congressman
Panelists
*
* Beneficiary needs differ- in prices, doctor choice, and types of healthcare services.
* For those in the employer-based system, affordability remains a major challenge for small businesses. A small business tax credit for providing health coverage to their employees may help attract and retain talent.
The day ended with CAHC's
* Medicare Part-D is a successful government program but the Inflation Reduction Act (IRA) may put it at risk.
* Plans may shift to just two drugs in a class or drive up prices as a result of the disincentives created by the law.
* Drugmakers work to drive innovation by funding cutting-edge research, but because of the large financial risk, they need sufficient incentives to enter the marketplace.
* The IRA disincentivizes developing drugs for multiple indications, which delays potential access to treatment for millions of Americans. An example of this is the treatment of rare diseases - while each disease may encompass a small population by comparison, the number of conditions means rare diseases affect about 30 million people in the
Visit CAHC's website here for photos and videos of each session (https://www.cahc.net/price-of-good-health-2023).
* * *
Original text here: https://www.cahc.net/newsroom/2023/2/10/n9ij2h3ewuwsotgf81a011ibu87xaa
American Physical Therapy Association: Significant CMS Prior Authorization Changes On The Horizon – Your Voice Needed
Their homes flooded 40 years ago. Soon, they'll share a $101.5 million settlement
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News