The U.S. health care system squanders $750 billion a year — roughly 30 cents of every medical dollar — through unneeded care, byzantine paperwork, fraud and other waste, the influential Institute of Medicine said Thursday in a report that ties directly into the presidential campaign.
President Barack Obama and Republican Mitt Romney are accusing each other of trying to slash Medicare and put seniors at risk. But the counter-intuitive finding from the report is that deep cuts are possible without rationing, and a leaner system may even produce better quality.
Insurance brokers work with businesses and their employees to navigate a slew of health care acronyms, explain what it means to be in or out of network and generally help companies find the best health insurance coverage.
But health care reform, particularly the health insurance exchanges that are supposed to make it easy for companies and individuals to buy insurance, could greatly reduce the role brokers play in the process.
Lovelace Health Plan is pleased to announce it has been chosen to insure Village of Ruidoso employees and their family members.
This contract provides about 400 people with Lovelace Health Plan’s affordable, accessible coverage as well as access to Lovelace Health System’s high quality technology and service. Lovelace Health Plan offers access to more than 9,000 health care providers and specialists across New Mexico and in bordering states.
The Juvenile Diabetes Research Foundation recently donated a large banner to the Lovelace Westside Hospital Inpatient Pediatric Unit so the children staying in the Inpatient Pediatric Unit could enjoy it and continue to color the banner in. The banner is 20 feet by 8 feet.
Lovelace Health System and PNM have joined with the New Mexico Association of Commerce and Industry to launch the state’s first “Economic Gardening” pilot program designed to help existing New Mexico companies grow.
ACI, in an news release, said it is working in conjunction with the Edward Lowe Foundation and the National Center for Economic Gardening. The city of Las Cruces and the Four Corners Economic Development Corp. also will be partners in the pilot program.
Lovelace Women’s Hospital, Lovelace Westside Hospital and Lovelace Health Plan have been recognized by Modern Healthcare as among the 100 Best Places to Work in Healthcare nationally in 2012.
The Lovelace businesses were the only New Mexico health care operations to be honored by Modern Healthcare, which is a leading industry provider of business news. Selection was based on information provided by employers and employees and was open to all health care companies with at least 25 employees.