Private Insurance, Cost, and Medicare

Health insurers and hospitals increasingly treat patients less as humans in need of care than consumers who generate profit.

With the recent conclusion of the 2024 election, the spotlight now shifts back to Congress as it enters the final weeks of the 118th session. While time is limited and there is much to accomplish, Congress has a critical opportunity to reshape health care affordability, enhance transparency, reduce costs, and lay a strong foundation for future reforms through the Lower Costs, More Transparency Act (LCMT) and Health Care PRICE Transparency Act 2.0. Taking action on key provisions during the lame-duck session could serve as a catalyst for addressing issues such as health care consolidation, cost disparities, and opaque pricing structures before turning the page to a new legislative chapter.

With over half of America’s doctors now employed by large health systems rather than physician-owned practices, a team of Brown researchers is examining how this trend toward consolidation impacts health care costs, patient access and market competition.

Dean Jha addressed the School of Public Health at this annual fall event, showcasing the school’s impact by sharing the stage with members of the school’s community, including student, staff and faculty speakers.

The number of private equity firms has exploded in health care in recent years, spending hundreds of billions of dollars to buy physician practices, hospitals, laboratories and nursing homes. It’s a trend that should have everyone’s attention, from politicians to patients, because it can significantly increase costs, reduce access and even threaten patient safety.

Enrollment in Medicare Advantage plans has grown substantially in the past few decades, enticing more than half of eligible people, primarily those 65 or older, with low premium costs and perks like dental and vision insurance. And as the private plans' share of the Medicare patient pie has ballooned to 30.8 million people, so too have concerns about the insurers' aggressive sales tactics and misleading coverage claims.

Who owns your doctor’s office? More and more often nowadays, the answer is a private equity firm — a type of investment fund that buys, restructures, and resells companies.

In the Boston Globe, Professors Andy Ryan and David Meyers lay out why Medicare Advantage plans are costing taxpayers billions in excess spending—and how to fix it.

Professor of health services, policy and practice David Meyers weighs in on the differences in patient experience between traditional Medicare and Medicare Advantage.