Raising Health cover image

Raising Health

Payors and Providers Post-Pandemic

Jan 20, 2023
28:24

Podcast summary created with Snipd AI

Quick takeaways

  • The Affordable Care Act (ACA) has focused largely on insurance coverage, with little attention given to quality improvement and the financial security and affordability of health insurance.
  • Hospitals and health systems are shifting to a Plan B approach, recognizing the need to compete based on value and price, and transitioning from fee-for-service models to a focus on managing population health.

Deep dives

Challenges and Incompleteness of the Affordable Care Act

The podcast explores the Affordable Care Act (ACA) and discusses its shortcomings and incomplete implementation. While the ACA was initially intended to reduce healthcare costs, improve quality, and expand insurance coverage, it largely focused on insurance coverage. Only a few of the introduced initiatives, such as the Medicare Shared Savings Program, have shown long-term sustainability. Quality improvement received little attention, with the absence of a national quality strategy. Although the ACA reduced the number of uninsured individuals, it did not address the financial security and affordability of health insurance, given the prevalence of high-deductible plans and narrow networks. Overall, the growth of healthcare costs remains a significant challenge.

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