The Interim Study Committees on Public Health and Financial Institutions and Insurance joined together in a marathon hearing on Wednesday to gather information about the growing cost of health care services, which was highlighted in a recent Rand study.
Throughout the day, more than 20 representatives (including the Indiana Chamber and its message of the high costs to companies and their employees) presented testimony to the impact on business and their respective fields.
Numerous themes surfaced from the presentations.
- Indiana is an unhealthy state and more focus needs to be made on health.
- We must move away from a fee-for-service model to a value-based model. The Rand study disclosed hospital pricing well above Medicare rates and, of 25 states, Indiana has some of the highest prices. Utilization was not covered by the Rand study.
- The current path of health care is unsustainable. Several models of care were presented, using data analytics to drive changes through quality of care and wellness.
- Employer health insurance premiums are still rising and employees have taken on much greater cost share in contributions and deductibles.
While there were some recommendations for changes, Rep. Matt Lehman (R-Berne) commented that he didn’t hear any real solutions to the problems.
Resource: Mike Ripley at (317) 264-6883 or email: [email protected]