Bulletin Board
Bulletin Board
Coronavirus Update for Monday, November 30
The following is the latest COVID-19 information from the federal government as of 2:30 p.m. on Monday, November 30. Centers for Medicare & Medicaid Services CMS has expanded its March program “Hospitals Without Walls,” which provided broad regulatory flexibility that permitted hospitals to provide services in locations beyond their existing walls, by establishing a new “Acute Hospital Care At Home program” that expands those regulatory flexibilities so hospitals may treat eligible patients in their homes. The CMS news release announcing the program expansion explains that the agency believes that … [...]
Insurers Owe Customers Billions
Low medical loss ratios will compel insurers to return nearly $2.5 billion to their customers for the 2019 reporting year. Under federal law, individual and small group insurers must spend 80 percent of their premium revenue on health care services and large group insures must spend 85 percent. If they fail to do so they must return the difference to their enrollees, whether individuals, employers, or a combination of the two. In all, insurers owe nearly $2.5 billion – the most ever in a single year – to more than [...]
New Treatments Haven’t Yet Reduced COVID-19 Death Rate
The development of new therapeutics in recent months has not yet translated into a reduced death rate for patients with COVID-19. In the spring the death rate was five to six percent, a rate attributed to limited testing. Since testing became more widely available during the summer, however, the death rate has fallen to approximately 1.7 percent but has remained at that level despite the introduction of new ways to treat COVID-19. Learn more about the new treatments, their impact on care, and the prospects for their eventual impact on [...]
Coronavirus Update for November 24, 2020
The following is the latest COVID-19 information from the federal government as of 2:30 p.m. on Tuesday, November 24. Provider Relief Fund The Provider Relief Fund web page has been updated with the following notice: The application deadline for the Provider Relief Fund Phase 3 General Distribution was Nov. 6, 2020. You must have submitted your Taxpayer Identification Number (TIN) for validation by 11:59 p.m. ET on Nov. 6, 2020 for Phase 3 relief funds. If you submitted your TIN for validation by the deadline and your TIN is validated [...]
Coronavirus Update for Thursday, November 19
The following is the latest COVID-19 information from the federal government as of 3:30 p.m. on Thursday, November 19. Provider Relief Fund The Provider Relief Fund web page has been updated with the following notice: The application deadline for the Provider Relief Fund Phase 3 General Distribution was Nov. 6, 2020. You must have submitted your Taxpayer Identification Number (TIN) for validation by 11:59 p.m. ET on Nov. 6, 2020 for Phase 3 relief funds. If you submitted your TIN for validation by the deadline and your TIN is validated [...]