Published February 24. 2021 10:11AM | Updated February 24. 2021 7:14PM
Mashantucket The Mashantucket Pequot Tribe and Pequot Health Care, a Mashantucket-owned health care management company serving Native American tribes, announced it is recognizing Connecticut GI, a Rocky Hill-based gastroenterology practice, as a preferred partner.
Pequot Health Care will promote awareness of Connecticut GI’s services to its members and commercial self-funded plans.
“At Pequot Health Care, we believe that both the patients and the employers that provide self-funded health benefits deserve better value health where the quality, safety, and experience is higher, and the total cost of care is lower,” Dr. Setu Vora, the Mashantuckets’ chief medical officer, said in a statement.
Medicare Supplement Insurance Market to Witness Massive Growth by Humana, Aetna, eHealth Insurance
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Medicare Supplement Insurance Market to Witness Massive Growth by Humana, Aetna, eHealth Insurance
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Hospitals account for the largest single category of health care spending in the U.S., and policymakers have long debated the best way to bring their costs under control. According to a new report from the RAND Corporation, the best option may be the most obvious one: using government-imposed price regulations.
The RAND analysis examined three widely discussed options for controlling hospital costs: increased competition, increased price transparency and direct price regulation. The last option – which was operationalized by applying Medicare prices to all commercial payers – was by far the most effective, reducing spending by nearly $62 billion. Less aggressive price limits would produce smaller reductions, but price regulations remained the most effective approach.