Crossing the Border for Drug Savings? 1 in 4 Adults Say It Is Difficult to Afford Their Prescription Drugs

Just like my last post about Medicare-for-all and utilization costs…   Foreign travel is an approach one advisor used to control costs for a self-funded client, securing a 6-month supply of medication for a fraction of the cost in the US.  Why are Democrats pushing Medicare-for-All when citizens can source prescription drugs for 70% less in other countries?  We are... Read More

Senators say they’re serious about tackling surprise medical bills

If you have an emergency, you often don’t have a choice about which provider treats you.  HMOs offer in-network coverage only.  High deductible health plans (HDHPs) may or may not have out-of-network options. Hospitals need to set the tone.  When an emergency department hires non-contracted providers, they must accept the insurance carriers with which the hospital is contracted.  If the... Read More

“Medicare-for-all”: The Culprit, Not the Cure

WOW, Medicare-for-all will cost only another $32 trillion!  A drop in the bucket.  We deserve to pay nothing, right? Free healthcare—put it in my basket—I'll take 3 of them! When will proponents of "Medicare-for-all" understand the cost of healthcare is based not on greed, fraud, waste, and abuse (although they do contribute), but rather on our utilization?!  In other words,... Read More

Transparent Hospital Pricing Exposes Wild Fluctuation, Even Within Miles—DMV Area Edition

According to data from Payer Compass, which shows 2013-2015 data for overall ratios of charges to actual Medicare payment for all Medicare-certified hospitals, going to different hospitals close by in the region can result in very different bills., Because of Maryland’s partnership with the Centers for Medicare & Medicaid Services (CMS) between 2014-2016, “all-payer per capital total hospital revenue growth... Read More

Service and Education: The Keystone of Our Mission

Potomac Companies incorporates strategy, software, and service as the core of our broker-consultant relationship.  We use powerful analytics software, along with our CEO’s analytics expertise, to model renewals, new coverage, and funding approaches.  Our signature KISS – Keep It Simple Solution™ program takes technological and administrative approaches to minimizing errors and maximizing efficiencies in HR.  Service is the keystone of... Read More