California bill would cap healthcare administration
San Francisco Chronicle, August 20, 2008
The California Assembly has approved legislation that attempts to rein in spending on administration—one of the fastest-growing cost factors in healthcare. The measure would require that 85% of premiums and fees received by health insurers and health plans be spent on treatment and other benefits for patients. Administration, profits, broker commissions and other costs would be capped at 15%, starting in 2011.
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- 3 Traits Personality Assessments Can't Reveal
- Carondelet to Pay $35M to Settle Fraud Allegations
- Antibiotic Overuse a 'Huge Threat' to Patient Safety, Says CDC
- Cleveland Clinic Partners with North Shore-LIJ for Heart Care