Health Care Costs Continue to Rise in NJ, Outpacing National Increase
Published in NJ Spotlight. Although record numbers of New Jerseyans now have insurance coverage, the price of healthcare remains a major difficulty for families and small businesses Far fewer people are being admitted to New Jersey hospitals in recent years, with improvements in medical care and a growth in less-costly outpatient options. But, with the…Read More…
The Price of Health Care Really is More Expensive in N.J. Here’s the Proof
Published in NJ.com Hospital admissions in New Jersey declined nearly 20 percent between from 2012 to 2016, a trend that should have made the overall cost of health care cheaper. But instead, hospital costs rose 12 percent because the price of delivering that care soared by 38 percent, according to information released Thursday by the New…Read More…
New Study Shows Health Care Spending Up 18% in NJ
Published in NJBIZ. If you had any doubt about whether or not health care spending is increasing in the state, here’s some sobering statistics to digest. According to an exclusive analysis of New Jersey health costs from 2012-2016 conducted by the Health Care Cost Institute and commissioned by the New Jersey Health Care Quality Institute, health care spending…Read More…
Health Care Costs in N.J. Rising Even Faster Than Nationwide Numbers
Published in ROI-NJ. The New Jersey Health Care Quality Institute released a new study of health care costs — and their unyielding double-digit increase year-over-year — in a new report in collaboration with the national Health Care Cost Institute. The study covers data from 2012 to 2016 and includes employee-sponsored insurance from UnitedHealth Group, Aetna, Humana, and Kaiser Permanente. The results are…Read More…
Take Five with Toby Stark
Toby Stark is a Past President of the New Jersey Association of Health Underwriters (NJAHU), a consumer advocacy organization of professionals and brokers in the health insurance industry. What is the biggest challenge for a small or medium size business in purchasing health insurance? The cost is the challenge, especially for small companies of between…Read More…
No Agreement on How to Keep Lid on Health Insurance Costs in NJ
Published by NJ Spotlight. More people in Garden State have access to insurance because of Affordable Care Act but there’s no consensus on how to protect the benefits. New Jersey has made strides in expanding and strengthening health insurance coverage in recent years but protecting those gains and addressing the rising cost of care long-term…Read More…
Exclusive Look at Rising Health Care Spending in New Jersey
Not long ago, I was reading Niall Brennan’s testimony to a U.S. Senate committee. You may recall that Niall was our keynote speaker at last year’s Winter Conference, and we called him a “truth teller” for his powerful insight and data on rising health care costs. Niall, President and CEO of the Health Care Cost…Read More…
ROI-NJ Reveals First-Ever Health Care Influencers List
Published by ROI-NJ on October 8th. It’s time for our first ROI Influencers Health Care list. It’s just like the old power list we used to put together … well, except that everything has changed. We’re at a new publication — and the health care world we cover appears to be changing just as dramatically. A new administration…Read More…
Scoring Payment Reform in the Garden State
Two numbers struck me after reading Catalyst for Payment Reform’s New Jersey Scorecard: 80 and 20. In our state’s commercial market, the share of total dollars paid to specialists (outpatient and inpatient) is 80 percent compared with just 20 percent to primary care providers. The national figures are only slightly better: 75 and 25 percent….Read More…