Jay Hancock joined Kaiser Health News in 2012 from The Baltimore Sun, where he wrote a column on business and finance. Previously he covered the State Department and the economics beat for The Sun and health care for The Virginian-Pilot of Norfolk and the Daily Press of Newport News. He has a bachelor’s degree from Colgate University and a master’s in journalism from Northwestern University. | Contact: JayH@kff.org | @JayHancock1
As the country tries to rein in skyrocketing health costs, hospital leaders are still rewarded for expansion and profits. A KHN investigation, in collaboration with ABC News, looks at employment contracts and incentive pay at nonprofit hospital systems.
Despite concerns over the rising cost of medical care, hospitals -- even nonprofit ones -- give their CEOs large bonuses, and it's often hard to know just why they're earning them.
Some hospitals view bonuses for CEOs as a way to improve performance, but the leaders of some top hospitals believe all bonuses may be a mistake.
Arkansas has broached what could be a deal-making compromise for states in a stalemate over whether or not to expand Medicaid. The Arkansas model gives Washington the increased coverage for the poor it wants, and Republicans something that looks less like government and more like business.
Maryland’s CareFirst BlueCross BlueShield pitches a 25 percent average hike in premiums for individuals, down from 50 percent.
Supporters of the health law are questioning the actuarial profession’s close ties to the insurance industry and its predictions that rates are going to soar next year.
State officials want to limit hospital spending to the growth rate of the state’s economy, a huge challenge for hospitals.
The Society of Actuaries is predicting that because of the health law, on average, insurers will have to pay 32 percent more for claims by 2017. What does that mean for consumers?
Self-insurance, once the purview of only large companies, is becoming popular with small employers, too. But it could be a threat to the Affordable Care Act, since self-insured companies are exempt from many of the health law's requirements.
“We’re in the midst of a mania right now,” Dr. Scot Silverstein warns, speaking of the race to adopt electronic health records. “We know it causes harm, and we don’t even know the level of magnitude. That statement alone should be the basis for the greatest of caution and slowing down.”