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FDA publishes more internal Aduhelm documents
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NCCN Policy Summit Explores How COVID-19 Pandemic Can Lead to Improvements in Cancer Care
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Due to the pandemic, Santillo had been laid off from her job as a marketing manager at the publishing company Informa in October. As part of her severance package, the company paid her COBRA health insurance premiums through April. Come May, she d be on her own with the $700 bill.
She didn t know if she could afford that tab and, without coverage, she feared having to stop taking her medication for anxiety and depression. But then the American Rescue Plan passed in March, and the $1.9 trillion stimulus package included a provision that offered many unemployed workers free health insurance coverage through COBRA for six months, starting April 1.
Patrick Quigley s aha moment came after an MRI exam.
After submitting an insurance claim, Quigley was still left with a $1,300 bill. A few months later, he needed an MRI again. He arrived at the same facility, underwent the same procedure but, this time, offered to pay with his debit card, thinking it might be more convenient than dealing with the bureaucracy around his high-deductible insurance plan. The secretary told him the cash price for the service was just $330. This was a huge wake-up call for me, Quigley said.
Healthcare systems often prefer cash-pay because it cuts the administrative burden of dealing with prior authorization, billing and other bureaucratic aspects of the insurance experience, said Aaron Miri, chief information officer at UT Austin Medical School. A 2019 study by Vanderbilt University found providers will cut their prices by up to 40% for patients who pay with cash.
There are some snags in free COBRA health insurance for unemployed. Here s what you need to know
CNBC 5 hrs ago Annie Nova
A provision in the latest Covid stimulus package nixes people s monthly COBRA premiums for six months.
Health-care advocates worry people will miss out on the relief though because they don t know about it or experience trouble accessing it. © Provided by CNBC
But she discovered that the government would fully subsidize her COBRA health insurance premiums from April until September, thanks to a provision in the latest stimulus package. She immediately contacted her insurer to sign up. Linda (she asked not to use her full name) was eager to go to the doctor after contracting a painful urinary tract infection this month, which she feared could spread to her kidneys.
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