Low-income adults in states that have expanded Medicaid feel as though their health insurance options have improved, and their use of healthcare services has also increased, according to new research discussed in an editorial published in the Annals of Internal Medicine. (FierceHealthPayer)
Researchers at University of Michigan and the University of California-Los Angeles who did the study said it provides the first evidence of low-income adults’ increased use of health services in states that expanded Medicaid. (Kaiser Health News)
In the pre-expansion era, from 2010-2013, about 33 percent of people had no insurance in states that ultimately expanded Medicaid, compared to about 42 percent in states that opted out of expansion. (Reuters)
CMS has released its fiscal year 2017 Medicare Inpatient Prospective Payment System proposed rule, which does away with the two-midnight rule’s inpatient pay cuts.(Becker’s Hospital CFO)
Under the two-midnight rule, hospital stays spanning less than two evenings are considered outpatient visits and paid accordingly. Those lasting two nights or longer are compensated as inpatient care.(Healthcare Dive)
Under the new rule released Monday, hospitals will get a one-time 0.6 percent payment in 2017 to make up for the 0.2 percent reduction that has been imposed over the last three years.(Healthcare Finance)
What is the Two-Midnight Rule?
UnitedHealth Group Inc. will drop out of government-organized health insurance markets in at least 16 states as the U.S. industry leader tries to stem losses from participating in Obamacare, the healthcare overhaul that has brought coverage to millions of people.(Bloomberg)
“We will be down to a handful of states that we will be actively participating in the exchanges,” Stephen J. Hemsley, chief executive officer of UnitedHealth Group said in an earnings call, noting that the small market size and greater expense of patients insured through the marketplaces led the insurer to make the decision. (The Washington Post)
UnitedHealth has a pretty good earnings track record with the company delivering positive earnings surprises in each of the last four quarters with an average surprise of 3.1%. (Zacks)
S&P analysts published a mildly optimistic commentary on the state of the U.S. individual health insurance market.
Also in the news: