Executive order calls for HDHPs with HSAs to cover chronic disease care
An executive order signed last week by President Donald Trump directs the IRS and the Treasury Department to create rules within 120 days that require high-deductible health plans paired with health savings accounts to cover high-value services and treatments for chronic diseases. A bipartisan bill introduced in the Senate would mandate a similar goal, and a similar measure is expected to be introduced in the House.
No further information. Will keep you posted
House hearing to explore budget implications of single-payer health care
(Saul Loeb/AFP/Getty Images)
The House Budget Committee will hold a hearing next week to discuss single-payer health care, particularly its costs. The May 22 hearing will feature testimony from three Congressional Budget Office officials.
The Hill (5/10)
“Medicare-for-all” would hurt public health, White House says
The “Medicare-for-all” idea backed by some Democrats would increase federal spending by $2.4 trillion in 2022, reduce innovation and lead to health care shortages and extended wait times, according to a report prepared by the White House Council of Economic Advisers. The policy would “be neither more efficient nor cheaper than the current system, and it could adversely affect health,” the report said.
(Mandel Ngan/AFP/Getty Images)
CMS Administrator Seema Verma said the “Medicare for all” idea being pushed by some Democrats would decimate doctor networks and create a permanent physician shortage because the program doesn’t cover full health care provider costs. “Under ‘Medicare for all,’ you either take private insurance away from those 170 million Americans, or greatly restrict access to it, meaning there is no relief valve for physicians facing up to 40% payment cuts,” Verma told attendees at AHIP’s Medicare conference in Washington.
Kaiser Health News (10/16), Modern Healthcare (tiered subscription model) (10/16)
ACA fixes would lower premiums, improve access to coverage, analysis finds
A new analysis from Oliver Wyman has found Affordable Care Act stabilization bills that would fund cost-sharing reduction payments for two years and provide $10 billion for state reinsurance programs would reduce premiums by over 40% in the individual market and increase the number of insured Americans by 3.2 million. Sen. Lamar Alexander, R-Tenn., who co-sponsored one of the measures, cited the findings as he defended the legislation against criticism.
The Examiner (Washington, D.C.) (3/12)
Bipartisan ACA Fix Gains Traction
Senators Alexander (R-TN) and Murray (D-WA) introduced a bill that restores funding for cost-sharing reduction payments and provides more flexibility for states to seek waivers to ACA requirements. The bill, in its current form, if signed into law could immediately settle an increasingly unstable individual market. Learn more.