Healthcare News July 26, 2012

  • OVERNIGHT HEALTH: Medicare and Medicaid are turning 47

    House Democrats jumped at the chance to commemorate the programs with singing, speeches and cake on Wednesday.

  • Employers shifting toward high-deductible healthcare plans

    Businesses and employees are increasingly choosing insurance plans with high up-front costs and low premiums, according to new research from the insurance industry.

    Republicans see those plans as a prime example of “consumer-driven” healthcare because they offer a relatively inexpensive option for people who don’t expect to rack up large medical bills.

  • House Dems eat cake in celebration of Medicare

    Several House Democrats gathered to celebrate the 47th anniversary of Medicare and Medicaid with singing, speeches and cake.

    The “birthday” celebration sought to highlight the programs’ legacies and blast Republicans for their budget plan, which Democrats say would “end Medicare as we know it.”

    Lawmakers dropped in and out of the event, which concluded with a rendition of “Happy Birthday” around a large sheet cake.

  • Report: Health industry outsourcing clinical work

    The healthcare industry has started to outsource clinical services, continuing a trend that began with record-keeping, according to a new report.

    The Los Angeles Times found that some major insurers are farming out jobs in pre-service nursing — where an insurance nurse helps determine a patient’s course of treatment — to India and the Philippines.

    The decision can save companies such as WellPoint and Aetna 30 percent in labor costs but cuts U.S. jobs.

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