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TexasTowelie

(112,125 posts)
Tue Jan 25, 2022, 06:40 AM Jan 2022

Fix high hospital costs or we will act, Indiana legislators warn healthcare systems

Indiana lawmakers have inserted themselves into the ongoing conversation over health care prices in the state, which are among the highest in the nation, asking hospital and insurance leaders to work together to develop a plan to lower the cost of medical care.

Saying that they have the “utmost respect” for health care workers, Senate President Rodric Bray and Speaker of the House Todd Huston direct about 20 letter recipients to work together to match Indiana’s health care costs to the national average by 2025. The legislative leaders say if the letter’s recipients have not come up with a viable plan by April, they will have “no choice but to pursue legislation to statutorily reduce prices.”

Indiana’s high cost of care has been a subject of debate for years. About five years ago the Employers’ Forum of Indiana commissioned a study on outpatient care that revealed prices here are comparatively high. A follow-up study found that hospital prices far outstrip those in other states.

Recently the state’s largest health care system, Indiana University Health, announced plans to freeze prices to come in line with the national average in three years.

Read more: https://www.indystar.com/story/news/2022/01/24/reduce-healthcare-costs-indiana-hospitals-lawmakers-tell-health-care-industry-find-way/6565517001/

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Fix high hospital costs or we will act, Indiana legislators warn healthcare systems (Original Post) TexasTowelie Jan 2022 OP
The answer to America's health care cost problem might be in Maryland. elleng Jan 2022 #1
K&R!!! n/t RKP5637 Jan 2022 #2
Interesting article. One Voice Feb 2022 #4
I thought we had the best health care system in the world! BlueJac Jan 2022 #3
'We' don't have a 'health care system,' elleng Feb 2022 #5

elleng

(130,865 posts)
1. The answer to America's health care cost problem might be in Maryland.
Tue Jan 25, 2022, 06:54 AM
Jan 2022

Maryland has a health care system unique in the United States: a global hospital budget. Here’s how it works.

*Maryland is the site of two big experiments in containing health care costs. The first: Since the 1970s, the state has set the prices hospitals can charge for medical care, known as all-payer rate setting.

The second experiment: Since 2014, it’s also capped how much health spending can grow overall, including how much revenue each hospital can take in.

These kinds of regulations are common abroad — France, Japan, Switzerland, the Netherlands, and Germany all have some variation of rate setting and set budgets for health care spending. But here in the United States, Maryland stands alone.'>>>

https://www.vox.com/policy-and-politics/2020/1/22/21055118/maryland-health-care-global-hospital-budget

BlueJac

(7,838 posts)
3. I thought we had the best health care system in the world!
Tue Jan 25, 2022, 07:15 AM
Jan 2022

Just saying, but I know better. My wife is Canadian and our insurance based health care sucks bad! My wife shakes her head and wonders why we tolerate it.

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