News & Updates:

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  Reclassification Risk in the Small-Group Health Insurance Markets
  Wharton Professor Mark V. Pauly and University of Illinois at Chicago School of Public Health Professor Anthony LoSasso discuss in a joint-session the reclassification risk in small -group health insurance markets. LoSasso’s research indicates that the market protects against reclassification risk via guaranteed renewal. Pauly discusses the policy implications of LoSasso’s findings. Professor Pauly proposes various ideas to combat the issue of reclassification risk. One of his ideas is proposing an individual mandate that contains guaranteed renewal-like features for covered persons.
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  2018’s Best & Worst States for Health Care
  In a study on the Best and Worst States for health care, Faculty Affiliate Amol Navathe was featured on a panel of experts that discussed a variety of different variables that shape access, quality, and price of care. In particular, Navathe focused on health care reform and the relationship between coverage plans and the overall market. 
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  Rising prices affecting wage gains
  State insurance commissioners are restricting access to their sales in response to Trump insurance policy plans; A bipartisan group from the House Intelligence Committee have introduced legislation focused on securing the digital election infrastructure against cyberattacks; Wages struggle to keep up despite healthy inflation rates; Turkey’s lira fell again on Monday. 
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  White House announces new enormous Chinese tariffs
  The Trump administration cut funding previously allocated to help people get insurance under the Affordable Care Act; The Trump administration introduced a set of new tariffs, targeting $200 billion dollars of Chinese goods, a figure roughly equivalent to the total size of Chinese exports to the United States; The US’ second quarter GDP growth is estimated to be 3.9% annualized. 
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  Can Bundled Payments Help Control Health Care Costs?
  Faculty Affiliate Amol Navathe reflects on new research on the future of “bundled payments” and its implications on policy and the cost of care. Through a Medicare mandated program, hospitals were forced to offer knee and hip surgeries as a bundled package whereby the entire procedure and  recovery period are thought of as a holistic product. The results indicated a 5% in overall savings for the entire procedure, presenting a promising future for this model of health care administration.