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Trump administration proposes altering rule on drug rebates Print E-mail
Written by FHI's Week in Review   
Monday, 23 July 2018 13:47

The Trump administration has proposed a rule that would scale back protections currently in place that allow rebates between drug manufacturers and insurers and pharmacy benefits managers, according to the Office of Management and Budget (OMB) website. Details of the proposed rule have not yet been made public, but its title on the OMB site refers to removing the safe harbor protection for rebates from the anti-kickback law.

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Last Updated on Friday, 24 August 2018 17:06
 
More Pregnant Women Are Having Heart Attacks. But Why? Print E-mail
Written by Live Science   
Friday, 20 July 2018 16:44
 
Women who are pregnant may not spend much time worrying about their own hearts, but a new study suggests that the risk of having a heart attack during pregnancy or within six months of giving birth is on the rise in the U.S. Researchers found that, from 2002 to 2014, the risk of a pregnant woman having a heart attack increased by 25 percent, with rates rising from 7.1 women per 100,000 women hospitalized during pregnancy in 2002 to 9.5 women per 100,000 in 2014. (Women who had heart attacks within six weeks of giving birth are included in these statistics.) Although the overall risk of a pregnant woman having a heart attack is low, the findings show that even young women are susceptible to heart disease, said lead author Dr. Nathaniel Smilowitz, an interventional cardiologist at NYU Langone Health in New York City.
 
 
Last Updated on Friday, 20 July 2018 16:46
 
Trump administration halts billions in insurance payments under Obamacare Print E-mail
Written by FHI's Week in Review   
Monday, 09 July 2018 16:46
 
Reuters reports on July 7 that the Trump administration on Saturday halted billions of dollars in payments to health insurers under the Obamacare healthcare law, saying that a recent federal court ruling prevents the money from being disbursed. The Centers for Medicare and Medicaid Services, which administers programs under the Affordable Care Act, said the action affects $10.4 billion in risk adjustment payments. The payments are intended to help stabilize health insurance markets by compensating insurers that had sicker, more expensive enrollees in 2017.
 
Read more in the current issue of Week in Review>> https://conta.cc/2J7Ijcy
 
Last Updated on Monday, 09 July 2018 17:11
 
Healthcare system battles obesity while others appear to encourage it Print E-mail
Written by FHI's Week in Review   
Monday, 02 July 2018 16:17
 
It's no secret that obesity is skyrocketing globally and is particularly severe in the U.S. We're #1 among industrialized nations. Equally clear is obesity's role in coronary artery disease, stroke, adult onset diabetes, hypertension, osteoarthritis, some cancers and other diseases and conditions. Considering this, several headlines from last week are disturbing...
 
Read more in the current issue of Week in Review>> https://conta.cc/2IKzcOK
 
Last Updated on Monday, 06 August 2018 17:49
 
The medical malpractice rate storm is coming – seek shelter Print E-mail
Written by Tom Murphy | Danna-Gracey   
Wednesday, 27 June 2018 14:09
 
In the wake of the March 13, 2014 Florida Supreme Court ruling that a 2003 law limiting damages in medical-malpractice cases was deemed unconstitutional, a more difficult, “hard market” was predicted to hit Florida’s malpractice insurance market soon. Much like the dark storms on the horizon indicating a coming storm, we are starting to see significant signs of the changing market. What should we be considering in our medical practice to be prepared?

Just like creating a hurricane plan before the fury of a storm descends upon you, now is a good time to be positioning your practice for the impending malpractice insurance hard market that will be unfolding in the next few years. The best strategy can be broken down as follows:
  • Preventative Measures – Focus yourself and your practice team on risk management. The importance of including the staff in risk management discussions is often overlooked. Studies show that the friendlier your practice environment is, the lower your risk of a lawsuit.  The top malpractice insurance carriers will offer free self-assessment tools as well as risk management assessments of your practice including in-office observations and recommendations.
  • Review Your Malpractice Insurance Coverage – Have an experienced specialist to make sure you are on “high ground” when the storm unfolds. Ask your broker to shop your coverage to a number of rated insurers. However, you must beware of the many offers from small, new, unrated insurance companies now offering coverage in Florida. The few strong insurers have the ability to withstand the upcoming market pressures because they are not highly leveraged, are not offering actuarially unsound rates, and have a long-term philosophy. Find those and you will be much better off when the high winds are pounding on your practice windows!
  • Utilize Negotiating Power – Many medical societies, networks, and hospitals have created malpractice insurance purchasing groups to give even smaller practices the negotiating power of larger ones. The Florida Association of Nurse Practitioners (FLANP) Board of Directors, in conjunction with NP Nation have created just such a purchasing program through their partnership with Danna-Gracey for nurse practitioners medical malpractice insurance – the Superior Nurse Practitioner Insurance Solutions (SNPIS) professional liability insurance purchasing program. Coverage is provided through CM&F/Medical Protective, rated A++ (Superior) by A.M. Best, a Warren Buffett/Berkshire Hathaway company. CM&F has been insuring nurses since 1947, and nurse practitioners since 1987.
For more information, contact Tom Murphy at 800.966.2120, or fill out the application here.
 
Last Updated on Wednesday, 27 June 2018 14:25
 
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