Articles Tagged With: deductibles
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More Work Needed to Protect Underinsured Patients
Poor communication from insurers, a lack of understanding of what patients are purchasing contribute to problem. Early identification of underinsured patients buys time to find solutions.
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Many People Put Off Medical Care Because They Cannot Pay High Deductibles
Patients often find out about a high deductible not from their insurer or employer, but from a registrar — and many of these high-dollar accounts go unpaid. Now, multiple recent studies show that people are avoiding care because they cannot pay their high deductibles.
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Marketplace Enrollees Are in Plans With Lower Deductibles, and Median Is $850
Consumers enrolled in a 2016 health insurance Marketplace plan have moderate deductibles and access to several covered health services before reaching the deductible, according to a new analysis by CMS. The median individual deductible is $850 for HealthCare.gov Marketplace policies, and consumers’ plans have an average of seven covered services before the deductible.
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Patients Calling for Price Quotes Won’t Wait Long
Recently, every Oregon hospital committed to providing cost estimates for scheduled procedures within three business days. Most patients, however, aren’t willing to wait nearly that long.
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$4.8 million gained in self-pay revenue: Identify patients’ ‘hidden’ coverage
Patient access leaders at Unity Point Health System — Rock Island increased revenue by $4.8 million by identifying current coverage and obtaining Medicaid coverage for self-pay patients.