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When Hospital Systems
Buy Health Insurers

New York Times, by Austin Frakt

Original Article

Posted By:LittleHoodedMonk, 5/25/2014 10:59:50 AM

Another hospital system wants to buy another health insurance company, and consumers may well wonder what this trend could mean for them. (Snip) By acting in cooperation, a unified organization might be able to better design incentives for higher-quality care. Or, by combining similar functions like human resources or tech support, the organization might cut costs. A joint provider-insurer may also be better able to adapt to — and make more money from — new Medicare payment models in the Affordable Care Act. Eventually, an organization that combines the functions of health care provision and health care insurance might have

Comments:
There is more than one "endgame" to the disaster that is 0bamacare for those with the money to seek it. In the end, higher premiums. We haven´t seen nothing yet unless this 0bamacare is stopped (100% repealed).

      


Post Reply  

Reply 1 - Posted by: Theophilous Meatyard III, 5/25/2014 12:04:44 PM     (No. 9861327)

This, coming out at this time, could finally collapse the house of cards fashioned by the academic elites. The emperor really doesn´t know has no clothes. Pick your cliché.

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Reply 2 - Posted by: horacer, 5/25/2014 2:11:05 PM     (No. 9861484)

I have little faith in either industry. For me combining the two is like putting two poisons in the same bottle. Until we rethink our whole approach to health care delivery and what it takes to prevent chronic diseases all we´re doing is finding new ways to swindle the public.

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Reply 3 - Posted by: heartsurgeon, 5/25/2014 6:09:12 PM     (No. 9861641)

analysis of effects as suggested by the mind of a 2 year old.

i just cannot fathom the garbled crap that gets published in the NYT´s.

In the good ol´ days..insurance companies paid the hospitals to provide care to patients. Keep the docs and the patients happy, and they come to your hospital to spend money.

When the hospital IS the insurer, now the incentives are turned upside down. Docs and patients become cost centers...they "lose" money treating patients in the hospital, and docs "cost" them money by utilizing hospital resources.

By owning an insurance company, hospitals put themselves into a massive conflict of interest. Hospital now make money from selling insurance (typically to employers who offer it to their employees) and lose momney providing care.

Austin Frakt is an willful idiot for not pointing this out.

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Below, you will find ...

Most Recent Articles posted by "LittleHoodedMonk"

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Most Recent Articles posted by "LittleHoodedMonk"



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Posted By: LittleHoodedMonk- 6/21/2014 4:33:59 PM     Post Reply
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Posted By: LittleHoodedMonk- 6/21/2014 2:59:51 PM     Post Reply
Moscow - Russia is somewhat obsessed with Jen Psaki. The State Department spokeswoman has turned into Russia’s boogeyman (boogey-woman?) and favorite punching bag as relations with the United States have deteriorated over the crisis in Ukraine. She is demonized on television. Her gaffes are celebrated widely as internet memes on Russian social media. A popular radio morning show even mocked her in a song set to a popular children’s tune. (Snip) The song accused her of peddling “nonsense” to journalists and urged her to “keep it up, we want to laugh more.” Psaki’s statements are a regular feature of state-run media's

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Audit finds Broadcasting
Board of Governors wasted $5M
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Posted By: LittleHoodedMonk- 6/21/2014 2:44:22 PM     Post Reply
A new State Department Office of the Inspector General audit finds that the Broadcasting Board of Governors (BBG), the agency that oversees U.S. international broadcasting, has wasted almost $5 million in taxpayer dollars on questionable and unapproved purchases. The State Department’s watchdog coined the BBGs mishap as a “systematic failure” of acquisitions. Rep. Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee said that the BBG’s “wasteful spending, non-competitive contracting practices, and violations of current law point to an organization without accountable leadership.”

   

 

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Posted By: LittleHoodedMonk- 6/21/2014 2:27:44 PM     Post Reply
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Posted By: LittleHoodedMonk- 6/21/2014 2:16:19 PM     Post Reply
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Posted By: LittleHoodedMonk- 6/21/2014 1:32:41 PM     Post Reply
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Posted By: LittleHoodedMonk- 6/20/2014 8:41:19 PM     Post Reply
With so much happening internationally and the number of scandals, crises and general screw-ups of the Obama administration here at home, it’s worth noting a disturbing development here on the domestic front: a rapidly expanding police state. On my radio program last week I had the pleasure of speaking with Cheryl Chumley, a reporter for The Washington Times, about her new book, “Police State USA: How George Orwell’s Nightmare is Becoming our Reality.” (Snip) Mrs. Chumley’s chapters in “Police State USA” provide a treatise on all the elements of society that are under attack as big government seeks to sustain

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Posted By: LittleHoodedMonk- 6/20/2014 8:34:09 PM     Post Reply
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Posted By: LittleHoodedMonk- 6/20/2014 8:25:15 PM     Post Reply
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Reuters, by Staff    Original Article
Posted By: LittleHoodedMonk- 6/20/2014 8:14:05 PM     Post Reply
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White House announces funding
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Reuters, by Mark Felsenthal    Original Article
Posted By: LittleHoodedMonk- 6/20/2014 7:55:04 PM     Post Reply
Washington - The White House on Friday announced tens of millions of dollars of new funding and expanded enforcement facilities to step up efforts to deal with the surge of children arriving illegally from Central America. The United States said it would launch a $40 million program to improve security in Guatemala to reduce pressures forcing flight to the United States and a $25 million program to provide services to youth in El Salvador who are vulnerable to organized crime pressure, the White House said in a statement. The Obama administration also said it would provide a "surge" in immigration judges,

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Washington Times, by Maggie Ybarra    Original Article
Posted By: LittleHoodedMonk- 6/19/2014 10:53:44 PM     Post Reply
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Posted By: magnante- 6/20/2014 4:22:38 PM     Post Reply
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Posted By: KarenJ1- 6/20/2014 10:20:41 AM     Post Reply
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Posted By: Pluperfect- 6/20/2014 5:02:03 AM     Post Reply
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