Wednesday 23rd May 2018,
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Costs

Health insurance regulators raise alarm over rising costs

Health insurance regulators raise alarm over rising costs

“The underlying cost of Australia’s health system is the ailment; rising insurance premiums are just a symptom,” Mr Summerhayes said. Health insurance regulators have sounded the alarm over rising medical costs and declared the current reform process must continue, only days after Labor leader Bill Shorten accused insurers of “a con” and vowed to cap [...]

February 7, 2018 Loknath Das Health Comments Off on Health insurance regulators raise alarm over rising costs

IT Downtime Costs Businesses $1.55 Million Per Year, Report Says (INFOGRAPHIC)

IT Downtime Costs Businesses $1.55 Million Per Year, Report Says (INFOGRAPHIC)

Whether small or big, technology downtime is a concern for all types of businesses. Cost of a Tech Fail According to a new report by Ireland-based IT solutions company, ERS IT Solutions, on average IT downtime costs businesses $1.55 million every year. Technology Downtime Causes Loss of Work Hours Businesses do not only lose money due [...]

January 29, 2018 Loknath Das Business Comments Off on IT Downtime Costs Businesses $1.55 Million Per Year, Report Says (INFOGRAPHIC)

WHO, Medical Experts, Warn of Rising Health Costs in Asia

WHO, Medical Experts, Warn of Rising Health Costs in Asia

BANGKOK —  Asia faces a growing burden in treatment costs due to rising numbers of patients diagnosed with cancer, as well as those suffering from stroke and dementia over the next decade. While Asia’s economic progress has led to sharply lower levels of poverty, it has resulted in social and lifestyles changes ranging from diets [...]

February 6, 2017 Saheli Health Comments Off on WHO, Medical Experts, Warn of Rising Health Costs in Asia

Letter: Planning for health care costs in 2017

Letter: Planning for health care costs in 2017

Open enrollment (now through Jan. 31) is a good time to map out the best route for meeting your medical needs in the coming year. Your first step is to make certain you have a health plan that covers your needs in 2017. What worked for you this past year may not be your best [...]

November 27, 2016 Saheli Health Comments Off on Letter: Planning for health care costs in 2017

Eliminating out-of-pocket costs for birth control boosts use

Eliminating out-of-pocket costs for birth control boosts use

Women whose insurance covered the entire cost of birth control were more likely to use prescription contraceptives and to choose more-effective long-term methods than women subject to copays, a new U.S. study found. The study confirmed what Dr. Aileen Gariepy told Reuters Health she and other gynecologists have long known: when insurance lifts the cost [...]

September 18, 2016 Saheli Health Comments Off on Eliminating out-of-pocket costs for birth control boosts use

Burden of Health-Care Costs Moves to the Middle Class

Burden of Health-Care Costs Moves to the Middle Class

Growth in overall health-care spending is slowing, but middle-class families’ share of the tab is getting larger, squeezing households already feeling stretched financially. Overall, health-care spending across the economy reached 18.2% of gross domestic product as of June, up from 13.3% in 2000, according to Altarum Institute, a health research group. However, the mix of [...]

August 26, 2016 Saheli Health Comments Off on Burden of Health-Care Costs Moves to the Middle Class

Expect your health insurance costs to rise in 2017

Expect your health insurance costs to rise in 2017

You’ll pay a little more for your workplace health insurance plan next year. Health insurance premiums will increase by 5 percent in 2017 for employees, according to a recent study from the National Business Group on Health, a Washington, D.C.-based organization that represents large employers. That’s about on par with employers’ predicted expenses. The 133 [...]

August 14, 2016 Saheli Health Comments Off on Expect your health insurance costs to rise in 2017

Statoil looking to new technology to save costs

Statoil looking to new technology to save costs

With the industry facing tightened purse strings, Norwegian energy company Statoil said it was examining plug-and-play concepts of field development. The company unveiled the so-called Cap-X subsea development concept at a Barents Sea energy conference in Hammerfest, Norway. Jez Averty, a vice president in charge of exploration strategies for Statoil, said the concept is part [...]

April 19, 2016 Saheli Business Comments Off on Statoil looking to new technology to save costs

How to Manage Higher Health Insurance Costs in 2016

How to Manage Higher Health Insurance Costs in 2016

If you have health insurance, there’s a good chance you’ll pay more for it in 2016. Health care and health insurance costs increase year to year, like most expenses. Since the implementation of the Affordable Care Act, growth in premiums has mostly slowed (as has the rise in health care costs overall), while your share [...]

March 21, 2016 Saheli Health Comments Off on How to Manage Higher Health Insurance Costs in 2016