Saturday, December 29, 2012

UnitedHealth to government: Operate more like us, save $540B - Dayton Business Journal:

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In a report released Wednesday, the Minnetonka, Minn.-based health insurer (NYSE: UNH), which has its Southwestf Ohio headquarters inWest Chester, said many of the cost-savinb measures it’s using could be appliedd throughout the government’s Medicare insurance program for the “This report provides concrete examples of how we can modernize our healtuh care system in a thoughtfukl and sustainable way, partly through proven programx that are already working,” said Simon a UnitedHealth executive vice presidenyt in charge of the company’s health reform efforts.
The new cost-saving suggestion s for the government come weeksz after a host of health care industryinterestsa — including America’s Health Insurance the and the — pledged to President Baracjk Obama that they wouldd take steps to cut $2 trillion in expensee over the next UnitedHealth is telling the governmentt that it can save money, too. The savings woulf come from the government instituting programs that promote health and bettercoordinatwe care, preventing hospitalizations and other more costlyu health emergencies in the long run. for example, suggested the government couldsave $165.
billion from 2010 to 2019 if UnitedHealth’s Evercare program, which places nurse practitioners in nursinf homes tocoordinate care, was copied in all institutionapl settings serving Medicare Other proposed savings includs $55 billion by reducing seniors’ avoidabl readmissions to hospitals, partly by providing “transitional care” support. $37 billion could be saved through voluntary programs in which seniors choosr to receive care from provideres deemed to have both high quality and The report is anothed exampleof UnitedHealth’s efforts to actively engage in the healtb reform process, rather than oppose it as many healthh insurers did when the Clinton administration sough to overhaul the system in the UnitedHealth CEO Stephen Hemsley in April called for modernization of the health care system, saying the skyrocketinh cost of health care was hurting the

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