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Tuesday, February 19, 2013

Health Care

News                                                                                                                             
FOX Business | Health Insurers Sell Off on Medicare Advantage Rate Proposal
Shares of major health insurers like Humana and UnitedHealth tumbled Tuesday morning in response to a new U.S. proposal to set 2014 Medicare Advantage rates at lower levels than the industry had been bracing for.
Bloomberg | Medicare Drug Costs to Be Reduced for Seniors, U.S. Says
Elderly and disabled patients enrolled in Medicare will for the first time receive an annual reduction in out-of-pocket costs for drugs, the government announced.

Econ Comments & Analysis                                                                                            
WSJ | The Coming Failure of 'Accountable Care'
Spurred by the Affordable Care Act, hundreds of pilot programs called Accountable Care Organizations have been launched over the past year, affecting tens of millions on Medicare and many who have commercial health insurance.