Today's News and Commentary

About health insurance/insurers

Medicare Statistics And Facts In 2024 A good summary from Forbes.

 Humana exiting Medicare Advantage in 13 markets “Humana reaffirmed its full-year guidance but is leaving 13 Medicare Advantage (MA) markets next year, Chief Financial Officer Susan Diamond said during the Wells Fargo Healthcare Conference on Wednesday.
Other members will have fewer plans to choose from in certain geographies.
Diamond explained around 560,000 members, or 10% of its individual MA membership base, would be impacted by the cutbacks, but Humana anticipates it will absorb about half of those members into other plans.”

About hospitals and health systems

National Hospital Flash Report Key Takeaways

1. Hospital finances continue to stabilize with strong operating margins. Key indicators including outpatient revenue and average lengths of stay show continued improvement.
2. Decreases in average lengths of stay have also led to declines in expenses.
3. Overall hospital performance has been strong in 2024. In comparison, the performance of health systems has been trending lower than hospital performance. 

About pharma

Prescription Medication Use, Coverage, and Nonadherence Among Adults Age 65 and Older: United States, 2021–2022 “In 2021–2022, 88.6% of older adults took prescription medication, 82.7% had prescription drug coverage, 3.6% did not get needed prescription medication due to cost, and 3.4% did not take medication as prescribed due to cost. Older adults with no prescription drug coverage were more likely to not get prescription medication and to not take needed medication as prescribed than older adults with private or public prescription drug coverage. For both measures, cost-related nonadherence was six times higher among older adults who were food insecure compared with those who were food secure, and more than twice as likely among older adults reporting fair or poor health or with disabilities compared with those in excellent, very good, or good health, or without disabilities.”