Blue Cross Blue Shield Severance Payout

The $8.6 Million payout to the ousted Blue Cross CEO ( Cleve Killingsworth) doesn’t give me much confidence in this near-monopoly “Non-Profit” company or its Board of Directors. (Directors are paid  over $50,000 per year each, for one meeting a month). That’s a lot of co-pays at $20 each !    Note that Killingsworth will …

Are There Significant Healthcare Savings To Be Found In Reforming The Malpractice System?

  Summary Massachusetts already has several levels of limits on malpractice suits and damages Pretrial tribunals Caps on non-economic damages Caps on attorney’s fees Malpractice rates set by the Insurance Commissioner Pretrial tribunals are not a significant barrier to pursuing a suit The amount of bond necessary to move forward is too low and has …

Questioning the Trend Towards Physician Tiering

Hi Will: I wanted to write to you about what I consider a disturbing trend in the medical insurance industry. A number of health plans are placing physicians into tiers based one mostly there cost to treat a particular common diagnosis. The plans are supposed to include quality of care as well but have not …