pop health (up to SPs) Flashcards
(51 cards)
what is a HC effectiveness data and information set?
a measure of health plans performance based on
- effectiveness of care
- access/availability of care
- experience of care
- utilization and relative resource use
- health plan descriptive data
which act expanded on HMOs?
HMO act of 1973
promoted wellness and health prevention in addition to comprehensive acute and chronic care
what are examples of utilization management tools of prescription drug plans?
PAs
step therapy
quantity limits
what is tier 1?
no OR lowest copayment (most generic drugs)
what is tier 4/speciality tier?
highest copayment
high-cost non-preferred prescription medications
what is conventional insurance?
high premium
few if any restrictions
what are HDHP/SO?
high deductible managed care plan with savings option
usually with incentives to use certain facilities and providers (PPO or POS)
what is the most common health plan in the US for covered workers?
PPO
what type of employers is most affected by GP1-agonists?
those with 5,000 or more works are spending the most on prescription drugs
what type of insurance payment has increased the most since 2013?
deductibles
what is a flexible spending account (FSA)?
deduct pre-tax money from your paycheck for eligible HC expenses
max 4,300 per year
must be used in calendar year or forfeited
what is health reimbursement arrangement (HRA)?
employer-funded account used to reimburse for eligible HC expenses
must be used in calendar year or forfeited
how much do employers typically pay in total annual salary for benefits?
25-30%
why do people need health insurance?
HC is expensive and unpredictable
what is fully-insured health plan?
insurance company assumes risk of providing health coverage for insured events
employers pay a per-employee premium to an insurance company
usually offered by smaller employers
what are self-insured health plan?
employer assumes risk of providing health coverage for insured events
employer acts as own insurer
claims often processed by an insurance company
can lower costs, maximizes income, avoids state health insurance premium taxes and mandated benefits
allows customization of plans, employer is free to contract with any provider
usually offered by larger employers
what is the average sales price (ASP)?
medicare pt in hospital
usually medical provider is paid using a formula of this + 6%
what drug class is the top per member per month cost?
behavioral health
what is unique about vraylar (cariprazine)?
most expensive drug for behavioral health for insurance plans
what is the top category of drugs in the top 25?
diabetes
what is the top speciality drug?
humira (and dupixent)
how are PBMs paid?
as a percentage of retail drug prices
incentivized to exclude lower cost drugs and promote higher cost meds
where do PBMs profit the msot?
speciality pharmacy and increasingly admin fees
what are group purchasing organization (GPOs)?
contract directly with drug manufacturers
PBMs in disguise, owned by PBMs but claim to contract for the PBM