Employers are bracing for a significant hike in health care costs next year, with a median increase of 9 percent expected. This trend is largely driven by the rising use of GLP-1 drugs for obesity and diabetes, as well as the increasing prevalence and cost of cancer treatments. The survey, which included 121 employers covering 11. 6 million people, highlights the gro...
Healthcare is a big deal. It's not just about doctors and nurses. There's a whole other side to it. The administrative costs are a huge part of the healthcare system. These are the costs that come from running the system, not from treating patients. This includes things like billing, insurance, and paperwork. These costs are a big problem. They make healthcare more ...
Health care costs in Massachusetts are spiraling out of control. In 2023, the average resident spent $11, 153 on health care, with family health insurance premiums hitting $26, 355. This is the second-highest in the country. On top of that, families had to shell out an extra $2, 715 out of pocket. This surge in costs is outpacing regional inflation, making it a press...
Texas is facing a real drought, yet McKinney's mayor, George Fuller, and city leaders are considering a $200 million surf park. This 35-acre development, named Cannon Beach, includes a surf lagoon and a resort-style hotel with an outdoor pool. But how much water will this entertainment destination need? McKinney gets its water from the North Texas Municipal Water Di...
You might be blaming health insurance companies for rising costs and denials, but wait. Let's dive deeper. The root of the problem started when politicians made promises they couldn't keep. Back in 2013, before the Affordable Care Act (ACA) took effect, insurers were denying around 1. 5% of claims. But after the ACA, denials skyrocketed to almost 15%. Now, some insur...
Did you know that advanced molecular testing is making big waves in women's gynecologic health? Let's dive in and see how it's affecting healthcare costs in the real world! Imagine if you could spot a disease early with a simple test. That’s what molecular testing is doing for women. It's like having a superhero sidekick, always on the lookout for any sneaky illness ...
Did you know that shedding a few pounds might also lighten your healthcare bills? Researchers found that people who lost just 5% of their body weight spent less on healthcare. This is big news for new weight loss drugs like Ozempic and Wegovy. These meds can help people lose weight, which could mean big savings for both private insurance and Medicare. Obesity isn't ...
In the United States, health insurance doesn't guarantee affordable care, especially for older adults. While most Americans over 65 have Medicare, high out-of-pocket costs still make healthcare difficult to afford. A study by The Commonwealth Fund compared the U. S. with nine other wealthy countries and found that Americans spend more on healthcare. One in four older...