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Health insurance companies are under scrutiny for proposed changes to anesthesia billing policies, raising concerns about patient safety and fair compensation for medical professionals. Anthem, a major health insurer, recently announced a controversial policy limiting payments for anesthesia services in Connecticut, Missouri, and New York. The policy would only cover part of the documented anesthesia time during a patient’s surgery, a decision strongly opposed by the American Society of Anesthesiologists (ASA).
Breaking News: Anthem health insurance company is backing off of a controversial plan to limit coverage of anesthesia in at least one state, according to Connecticut’s comptroller.
CITE: https://www.r2library.com/Resource
WEEKLY UPDATE: SCHEDULE
December 6: November nonfarm payrolls, University of Michigan preliminary December Consumer Sentiment.
December 9: October final wholesale inventories, November consumer inflation expectations, and expected earnings from Toll Brothers (TOL) and MongoDB (MDB).
December 10: Third quarter productivity and unit labor costs and expected earnings from AutoZone (AZO).
December 11: November Consumer Price Index and expected earnings from Adobe (ADBE).
December 12: November Producer Price Index and expected earnings from Broadcom (AVGO), Ciena (CIEN), and Costco (COST).
CITE: https://tinyurl.com/2h47urt5
Here’s where the major benchmarks ended:
- The SPX fell 11.38 points (–0.19%) to 6,075.11; the Dow Jones Industrial Average® ($DJI) lost 248.33 points (–0.55%) to 44,765.71; and the NASDAQ Composite® ($COMP) declined 34.85 points (–0.18%) to 19,700.26.
- The 10-year Treasury note yield was unchanged at 4.18%.
- The CBOE Volatility Index® (VIX)inched up to 13.46.
CITE: https://tinyurl.com/tj8smmes
Visualize: How private equity tangled banks in a web of debt, from the Financial Times.
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Filed under: "Ask-an-Advisor", "Doctors Only", Drugs and Pharma, Experts Invited, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance, Information Technology, Investing, Marcinko Associates, Recommended Books, Sponsors | Tagged: American Society Anesthesiologists, anesthesia billing, Anthem, ASA, CRNA, DJIA, DOW, health insuramce anesthesia, Marcinko, NASA, NASDAQ, S&P 500, textbooks, TNX, VIX, WSJ | Leave a comment »
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