Court rules California Blues plans should be taxed as insurance companies; Aetna responds to American Psychiatric Association criticism of merger;

News From Around the Web

> A state appeals court has ruled that California Blue Cross Blue Shield plans should have to pay the same amount of taxes as insurance companies do since they derive most of their income from selling insurance products, Law360 reports. Article (subscription required)

> The Centers for Medicare & Medicaid Services has proposed a rule that it says would "significantly revise the Medicare payment system for clinical diagnostic laboratory tests." Proposed rule

> In response to a letter earlier this month in which the American Psychiatric Association warned that the pending insurer mergers will harm access to mental healthcare, an Aetna spokeswoman tells Reuters that the insurer is focused on ensuring that "insurers, doctors and hospitals work together to lower costs and coordinate care to give people as many healthy days as possible." Article

Health IT News

> With the advent of new payment models in the healthcare industry and the subsequent growth of accountable care organizations, the Workgroup for Electronic Data Interchange is forming a workgroup to create a framework surrounding ACOs. Article

> The global healthcare industry is much more susceptible to hacking and other privacy attacks, according to a new report. Article

And finally… What a bargain! Article


Free Webinar

Take Control of Your Escalating Claim Costs through a Comprehensive Pre-payment Hospital Bill Review Solution

Today managing high dollar claim spend is more important than ever for Health Plans, TPAs, Employers, and Reinsurers, and can pose significant financial risks. How can these costs be managed without being a constant financial drain on your company resources? Our combination of the right people and the right technology provides an approach that ensures claims are paid right, the first time. Register Now!

Suggested Articles

CMS is proposed to lower the user fee for ACA exchange insurers and wants to enable the private sector to develop competing signup websites.

With the distribution of a COVID-19 vaccine looming, companies in the pharmaceutical supply chain are working overtime to plan for all contingencies.

The pandemic is transforming the way the healthcare industry handles payments. Here are key takeaways on the benefits of automated payments.