Blue Cross Blue Shield of Vermont now says Vermonters have a "personal responsibility" to become "savvier consumers" in light of Vermont's "health care affordability crisis."
How odd. We have several institutions that comprise and control health care — the hospitals, insurance companies, regulators, legislator — but BCBS thinks each of the 600,000-plus individual Vermonters bears responsibility for addressing the affordability crisis?
Those institutions have infinitely more power to address the crisis, and are already funded by those 600,000-plus Vermonters, who also pay for every single health-care dollar through premiums, taxes and out-of-pocket payments.
What might health care shopping look like for a patient who, say, needs some non-emergency surgery?
Drive 35 miles from home to get the cheapest blood work at Hospital A. Drive back home. Next day, drive 20 miles to Hospital B for the cheapest lung X-ray. Drive back home. Next week, drive 50 miles to Hospital C for the cheapest surgery's pre-op exam. Drive back home. The next week, drive 50 miles to Hospital C for the surgery. Drive home after recovery.
That's 310 miles roundtrip, assuming you don't need to return to Hospital C for problems or follow-up. Add in the hours spent locating the best "value" for each procedure. Add in the fact there is no electronic records connection between Hospitals A, B and C.
If that's a solution, we are doomed.
We need one of the universal health care systems operating elsewhere around the planet, preferably a single-payer system.
What Is The Fed’s Real Inflation Target?
S&P 500 Forecast: Major Bank Sees 12% Upside as Index Hits New All-Time High
Advisor News
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
More Advisor NewsAnnuity News
- DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
- John Hancock launches new fixed indexed annuity suite
- Annuities to play a larger role in workplace retirement plans
- FHLBank Pittsburgh Announces Results in 2026 Board Election
- Regulators advance shorter, streamlined annuity buyers guide
More Annuity NewsHealth/Employee Benefits News
- Kansas' rate of children without health insurance tops national average for second year
- Incoming chair of US Senate panel will seek healthcare overhaul, but unclear on details
- New Virginia subsidies help lure people back to health insurance
- High costs limit rural Nebraskans’ access to health care
- Medicare is already reading your 2026 tax return
More Health/Employee Benefits NewsLife Insurance News
- Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
- Military Briefs: November 12-18
- Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
- FHLBank Pittsburgh Announces Results in 2026 Board Election
- New Jackson Study Finds the "Sandwich Generation" Squeeze Comes from More Than Two Sides and It’s Quietly Draining Retirement Savings
More Life Insurance News