Let’s see if I’ve got this straight: Gov. Patrick Morrisey and legislative leaders spent all spring, summer, and now, going into autumn trying to come up with ways to reduce PEIA health insurance costs, and after all that time, apparently have nothing to show for it.
Maybe they’re asking the wrong questions.
Perhaps, for a plan with fewer than 230,000 insurees – compared to millions for the largest health insurers -- PEIA is too simply too small to be able to take advantage of economies of scale or to force providers to accept lower reimbursement rates. Recall that not too long ago, PEIA reimbursements were so low that providers complained that they were losing money treating PEIA patients, resulting in the current rate equal to 110% of Medicaid reimbursements.
Perhaps Morrisey and comp