The Social Security and Medicare Board of Trustees has announced that Medicare’s Hospital Insurance Trust Fund will run out of money in 2026. 2017 projections showed this insolvency was expected to occur in 2029 – so it’s getting worse. In 2026, Medicare will only be able to cover 89% of Part A costs, dropping to 77%… [Read More]
Insurance Carriers Reducing the Cost of Care
This week I am attending the Cigna National Producer Advisory meeting. I am pleased to say that Cigna, as well as all the national insurance carriers, are busy moving forward the goal of reducing healthcare costs by aligning interests. Physicians will receive additional compensation if results establish quality care, a favorable member experience and affordability… [Read More]
