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(Bloomberg) The government failed to send data to health insurers for about 15,000 people who enrolled in Obamacare through early December, an error corrected last week before it could jeopardize their coverage, the U.S. said.
The percentage of enrollments that arent transmitted to insurers, a process known as an 834 transaction is now close to zero, the Centers for Medicare and Medicaid Services said in a report over the weekend.
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A financial spreadsheet alone cannot capture the total value and performance of a benefits program, nor can numbers on a ledger guarantee long-term operational success.
As GLP-1 spending climbs, employers are asking whether the drugs deliver enough value. Better data could help them measure the payoff more accurately.
Organizers should ask, "Where are patients getting stuck, where are teams overloaded, and where is the current process failing to scale?"
The CRO of retirement plan provider Human Interest explains how employers can simplify retirement plans and boost participation.
Rising use of the weight-loss drug is fueling the fastest health plan cost growth in a decade and a half, forcing employers to rethink coverage strategies and cost management.
