Tag: health care reform

 

A Look Inside Our 2015 Rates: What They Mean for Our Individual Customers Under Age 65

A Look Inside Our 2015 Rates: What They Mean for Our Individual Customers Under Age 65

Every year, we inform our individual customers about their premium rates for the coming year with a letter. As our company’s managing actuary, I want to take a moment to explain what went into determining 2015 premiums so you have a better understanding when you receive that letter. Now, before I dive into this post, […]
ACA 2015: What You Need to Enroll

ACA 2015: What You Need to Enroll

The ACA 2015 Annual Enrollment Period doesn’t begin until November 15, 2014, but now is the perfect time to start gathering the information and documents you’ll need for 2015 coverage. Whether you’re enrolling for the first time, renewing a policy, recalculating your subsidy, or just browsing, you’ll need some basic information to get started. Healthcare.gov […]
Open Enrollment 2015: Dates to Know

Open Enrollment 2015: Dates to Know

It’s hard to believe that almost a year has passed since the Affordable Care Act went live and Open Enrollment 2014 began. And now we’re headed into Open Enrollment 2015. What’s Open Enrollment? Good question. Basically, it’s when you’re able to choose a health insurance plan on the Exchange for 2015. If you miss Open […]
How Will the Future of Health Care Be Different from the Present?

How Will the Future of Health Care Be Different from the Present?

Imagine a future where you — the health care consumer — are truly in charge of your care. Where you have the information you need to make smart decisions. And where you shop for health services the way you’d shop for a new car or hire an electrician. Is this a safe prediction for health […]
Just What Are “Bundled Payments?”

Just What Are “Bundled Payments?”

Health care has more than its share of confusing terminology and jargon. One of our goals at BCBSNC is to break down the terms and concepts to give you the knowledge you need as a health care consumer. In that spirit, we give you the latest term that’s catching on: Bundled payments. It’s essentially a […]
Why Are Some Insurers Issuing Rebates?

Why Are Some Insurers Issuing Rebates?

It might seem like a nice surprise to get a check in the mail that you weren’t expecting. But if that check comes from a health insurer, you might want to think about whether it really is a good deal. The Affordable Care Act requires individual and group health insurers to publicly report their medical […]
What to Know and Do About Medical Overtreatment

What to Know and Do About Medical Overtreatment

Have you ever wondered if every medical test or procedure is really necessary? Clearly, some aren’t. The Institute of Medicine says $210 billion is wasted each year on medical overtreatment — tests and procedures that either aren’t necessary or duplicate previous tests. Overtreatment can even happen when you do something as simple as switching doctors. […]
U.S. Health Care Costs $2.8 Trillion. Do We Get Our Money’s Worth?

U.S. Health Care Costs $2.8 Trillion. Do We Get Our Money’s Worth?

The United States spent $2.8 trillion on health care in 2012. So what did we get for our money? A last-place ranking in health quality and efficiency among 11 leading nations, according to a new report. The Commonwealth Fund measured a variety of health rankings and compared the results. Not only did the U.S. fare […]
Exchanging Glances: More Employers Looking at Private Exchanges

Exchanging Glances: More Employers Looking at Private Exchanges

The first cycle of enrollments on the new government-run health exchanges is over. The next open enrollment period doesn’t start until November. Which makes this “quiet” period the perfect time to take stock of what’s happening with another new mechanism for obtaining health insurance: The private exchange. Private exchanges are the emerging marketplaces offered by […]