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Trump healthcare subsidy cut would raise premiums by 20%, CBO says

“But the uncertainty has made it difficult for the insurance companies, which must set their rates for 2018 within the next few weeks” writes Lauren Gambino for theguardian.com. If the president followed that timeline, the budget office estimates that premiums for “silver” plans under the Affordable Care Act (ACA) would rise.The payments reimburse insurance companies for covering some low-income enrollees.The CBO projection, which was released on Tuesday, also estimated that terminating the subsidy payments would increase the federal deficit by $194bn by 2026. Source: theguardian.com Share This:

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If The BJP Is Clear The Government Can’t Provide Public Goods, Why Collect Taxes?

“Gadkari is either completely uninformed about the role of the State in public health in a democracy, or he doesn’t care” writes unknown author for huffingtonpost.in. Universal Health Care (UHC), in which the State guarantees and delivers free, cashless health services to its people, is the ideal that the world is moving towards.In Thailand, it’s mostly the public sector, whereas in France and Canada, it’s the private sector.If a government cannot provide basic services such as health, water, public infrastructure and education that are inevitable for the survival of its…

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Forget about single-payer healthcare. This California congressman has the real solution: Medicare for all

“Dreaming of a state-run single-payer healthcare system?” writes George Skelton for latimes.com. Unlike single-payer, Medicare for all would allow beneficiaries to buy supplemental private insurance, as many seniors do now.It would require permission by the Republican-controlled Congress and President Trump for California to use federal Medicare and Medi-Cal money to finance its own healthcare system. Source: latimes.com Share This:

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Markets News 

Anthem to Exit Obamacare Exchange in Virginia Next Year

“FILE PHOTO: The office building of health insurer Anthem is seen in Los Angeles, California February 5, 2015. (Reuters) – U.S. health insurer Anthem Inc (ANTM.N) said on Friday it will exit Obamacare markets in Virginia and reduce its plan offerings in Washington and Scott counties and the city of Bristol next year” writes Reuters Editorial for reuters.com. Health insurers, such as UnitedHealth Group Inc (UNH.N), Aetna Inc (AET.N) and Humana Inc (HUM.N), have also exited most of the states where they used to sell plans. Source: reuters.com Share This:

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Crypto News 

Blockchain is the Future of Healthcare

“No one has built a large-scale blockchain ecosystem for the healthcare sector to date” writes unknown author for newsbtc.com. There are plenty of opportunities for blockchain in the healthcare sector.Blockchain technology will play a critical role in this transition over the next few years.A blockchain-powered healthcare ecosystem would raise the bar as far as interoperability is concerned.The healthcare sector is prone to disruption these days. Source: newsbtc.com Share This:

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U.S. blockchain company in tie-up on medical artificial intelligence

“It said global revenue generated by artificial intelligence systems will soar to $6.7 billion by 2021 from $811 million in 2015” writes Min Read for reuters.com. Artificial intelligence in the healthcare sector uses algorithms and software to mimic human ability in analyzing complex medical data.Vavilov said both companies will use Bitfury’s Exonum blockchain platform to store and secure health data in a system compatible with artificial intelligence.NEW YORK (Reuters) – U.S. technology company The Bitfury Group has formed a partnership with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm,…

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Trump-McConnell feud casts uncertainty over tax reform

“We either get something done on tax reform so there’s at least one major accomplishment we can tout in 2018, or we get slaughtered next fall,” one Senate GOP aide said starkly” writes Sarah Westwood for washingtonexaminer.com. “In this instance, he wanted to reassert his view that he knows what’s best for getting to 50 votes, and Trump shouldn’t interfere on tax reform.”. The failure of Obamacare repeal has also denied GOP lawmakers the savings they had hoped to use in their tax calculations.Others would prefer to see a more…

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Kaigo Health changing the way patients interact with healthcare

“Despite the US healthcare system being among the most inefficient in the world, healthcare more generally remains un-disrupted by the tech industry” reports startupbeat.com. Thus reducing your chances of having to engage with the healthcare system more intimately in the first place.Kaigo Health is one such company ready to make a dent in answering the question: How can technology change consumer healthcare?. So you’re not just engaging with the healthcare system when something arises, but constantly iterating on your behaviour to keep your health where it needs to be.The company was…

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Caretaker for Obamacare? Trump’s health-care role may shift

“After that chastening experience, Obama administration officials constantly kept tinkering with the website, trying to improve its technical capacity and usability for consumers” writes The Associated Press for seattletimes.com. It’s unclear what the Trump administration has been doing since he took office in January. What happens next is in the hands of the Trump administration.A major survey called the Gallup-Sharecare Well-Being Index recently estimated that the number of adults without health insurance grew by about 2 million this year.WASHINGTON — With Republicans unable to advance a health-care bill in Congress,…

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