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Kaiser Family Foundation Releases 2021 Employer Health Benefits …
WEBWith regard to employee cost-sharing for health care, about 85% of all covered workers faced a general annual deductible, which averaged $1,669 for single coverage in 2021. Workers in small firms (i.e., with 3 to 199 employees) were more likely to have larger deductibles, which averaged $2,379 as compared with $1,397 in large firms …
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CMS Office of the Actuary Releases 2022 National Health …
WEBAccording to the CMS, U.S. health care spending grew 4.1% in 2022 and reached $4.5 trillion, which was faster than the increase of 3.2% in 2021, but much slower than the increase of 10.6% in 2020. As a share of the gross domestic product (GDP), health care spending increased 9.1% in 2022.
CMS Office of the Actuary Releases 2020 National Health …
WEBThe NHEA measures annual U.S. expenditures for health care goods and services, public health activities, government administration, net cost of health insurance, and investments related to health care. According to the CMS, U.S. health care spending grew 9.7% in 2020 and reached $4.1 trillion or $12,530 per person.
CMS Office of the Actuary Releases 2021 National Health …
WEBThe NHEA measures annual U.S. expenditures for health care goods and services, public health activities, government administration, net cost of health insurance, and investments related to health care. According to the CMS, U.S. health care spending grew 2.7% in 2021 and reached $4.3 trillion, which was slower than the increase of …
Commonwealth Fund Publishes 2022 State Health System …
WEBThe Scorecard assesses various health care measures in 50 states and the District of Columbia. The state-by-state report covers access to care, quality of care, health care costs, health outcomes, and income-based disparities, among others. In 2022, it also measured the performance of states’ in managing the COVID-19 pandemic.
Commonwealth Fund Analyzes U.S. Health Care Spending from a …
WEBThe Commonwealth Fund examined U.S. health care spending from a global perspective. The study represents a preliminary step in identifying and quantifying components of excess health care spending. According to the brief, the United States spends twice as much per person on health care as compared with other peer nations.
International Foundation Releases Health Care Costs 2022 Survey …
WEBThe report was based on the 2022 survey of U.S. employers which projects an increase of 7.5% in health care costs for 2023. According to the survey responses from corporate/single employers (70%), public employers/governmental entities (15%) and multiemployer benefit funds (15%), the primary reasons contributing to an increase in …
HHS Releases Issue Brief on Health Coverage Under the …
WEBOn March 23, 2023, the Assistant Secretary for Planning and Evaluation (ASPE) of the U.S. Department of Health and Human Services (HHS) released its issue brief, Health Coverage Under the Affordable Care Act: Current Enrollment Trends and State Estimates.The brief provides current estimates of health insurance coverage enrollment …
Kaiser Family Foundation Releases 2020 Employer Health Benefits …
WEBWith regard to employee cost-sharing for health care, about 83% of all covered workers faced a general annual deductible, which averaged $1,644 for single coverage in 2020. Workers in small firms (i.e., with 3 to 199 employees) were more likely to have larger deductibles, which averaged $2,295 as compared with $1,418 in large firms …
CRR Reports on the Effects of Health Care Spending on …
WEBThe CRR study examined the effects of health care spending on retirees’ Social Security benefits and other income. CRR found that the typical retiree has only 75% of Social Security and 88% of total income remaining after deducting these OOP costs. In the future, these percentages will decline further if health care costs continue to increase
Peterson-KFF Health System Tracker Reports on the Effects of …
WEBOn July 23, 2020, the Peterson-Kaiser Family Foundation (KFF) Health System Tracker released its brief, COVID-19 Repercussions May Outweigh Recent Gains in U.S. Health System Performance.. The Peterson-KFF Health System Dashboard compiles data on the U.S. health system’s performance in four areas: 1) access and affordability; 2) health …
EBRI Releases Survey Report on Consumer Engagement in Health …
WEBOn December 2, 2021, the Employee Benefit Research Institute (EBRI) released its survey report, Consumer Engagement in Health Care Survey.According to the annual survey, the interest in telemedicine has increased to 17% for adults in 2021 from 7% in 2017 with high satisfaction ratings for telemedicine visits while growth in high-deductible health plans …
SLGE Examines Local Government and Public Health Collaborations
WEBOn November 16, 2020, the Center for State and Local Government Excellence (SLGE) released its report, Successful Collaborations Between Local Government and Public Health: Exploring Multisector Partnerships to Improve Population Health.The report examines the collaborative efforts of local government agencies and state and local …
Kaiser Family Foundation Publishes Summary of Health Provisions …
WEBOn April 9, 2020, the Kaiser Family Foundation (KFF) published its report, The Coronavirus Aid, Relief, and Economic Security Act: Summary of Key Health Provisions. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27, 2020. The CARES Act contains numerous health-related provisions focused …
Category: Coronavirus Go Health
American Academy of Actuaries Releases Issue Brief on Drivers of …
WEBOn July 19, 2023, the American Academy of Actuaries (AAA) released its issue brief, Drivers of 2024 Health Insurance Premium Changes.The brief examines factors that may affect the composition of health care prices, health care utilization and health insurance risk pools, which may affect health spending projections and premiums for 2024.
CMS Releases National Health Care Expenditure Projections for …
WEBOn February 20, 2019, the Centers for Medicare & Medicaid Services’ (CMS) Office of the Actuary released the projections for national health expenditures for 2018 through 2027. The National Health Expenditure Accounts (NHEA) measures annual U.S. expenditures for health care goods and services, public health activities, government administration, net …
Gabriel, Roeder, Smith & Company (GRS)
WEBEveryone’s Success. A Secure, Sustainable Future. GRS is a national actuarial and benefits consulting firm and an experienced advisor to the public sector community. We work alongside you to achieve the best outcomes for your benefits plans. We are GRS. GRS Foresight® Software.
Kaiser Family Foundation Releases Brief on Expectations for No
WEBIn addition to compliance, monitoring the impact of the NSA may be accomplished in various ways including: 1) data reporting by IDR entities will provide some information; 2) annual health plan audits conducted by federal agencies to provide information about prices charged and paid for surprise bills; and 3) state systems may …
Health Affairs Finds Many Middle-Income Seniors Will Have …
WEBHealth Affairs suggests that to meet the future long-term care and housing needs for middle-income seniors, public policy and the private sector should recognize the full range of services that seniors may need as they age. The article concludes, “Innovations from policy makers and private-sector housing operators and their investors will be
CRR Analyzes How the Effects of Inflation Differ by Household …
WEBHealth care insurers such as Medicare and Medicaid cover about 80% of health costs. Medicare and Medicaid help to reduce the financial risk that older Americans face with high health care expenses. However, Medicare does not cover all expenses and Medicaid only covers households with very low assets and income. Consequently, better …
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