Blue Cross makes a $65B bet on value-based medical care

value based care

The traditional fee-for-service approach to medicine that can lead to overtreatment and unnecessary medical tests and procedures.

The country’s Blue Cross and Blue Shield plans say they are spending more than $65 billion annually, about 20 percent of the medical claim dollars they pay, on “value-based” care that rewards better outcomes and keeps patients healthy. This is the latest blow to fee-for-service medicine.

 

 

Continue reading… “Blue Cross makes a $65B bet on value-based medical care”

The health insurance industry could be destroyed by a $1000 test

DNA test

The Genetic Information Nondiscrimination Act bars insurers from denying coverage or raising premiums on individuals who show a genetic predisposition toward particular diseases.

The cost of sequencing an individual genome will soon be less than $1,000, reports the New York Times. That’s not nothing, but given what most health care costs, it’s not much. And it means that an individual mandate — or something much like it — is inevitable.

Continue reading… “The health insurance industry could be destroyed by a $1000 test”

5 advanced in medicine predicted for 2012

New-Flu-Shot

What significant advances can we expect in 2012?

In 2011 some great medical feats were accomplished. Dallas Wiens became the first recipient of a full-face transplant in the United States, Arizona congresswoman Gabrielle Giffords survived a gunshot to her brain, and HIV researchers found a way to lower an infected person’s chance of transmitting the virus to sexual partners by 96 percent.

Continue reading… “5 advanced in medicine predicted for 2012”

Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.