But Mr Brown's scheme, which focuses exclusively on administrative costs, addresses only part of the problem.
ECONOMIST: New plans to cut red tape address only part of the problem
Having just one supplier to manage its marketing makes life simpler and saves on administrative costs.
The change aims to force insurers to spend more money on things that benefit insured folks rather than on administrative costs, marketing and salaries.
FORBES: Still-Recovering UnitedHealth Shares May Be a Bargain
Answer: Beginning in 2011, companies that spend more than a specified portion of premiums on administrative costs and profits must give a rebate to enrollees.
Nearly 13 million Americans will receive a rebate this summer because their insurance company spent too much of their premium dollars on administrative costs or CEO bonuses.
Such pooling saves on administrative costs and allows dioceses to use a surplus in one area to cover shortfalls in another, often a legitimate course of action.
ECONOMIST: The Catholic church in America: Earthly concerns | The
For years, CU, with about 24, 000 undergraduates, managed to keep in-state tuition cheaper than at many comparable universities in other states, in part by keeping a close eye on administrative costs.
WSJ: Cost of College: Who Can Still Afford State University?
By August 1, 12.8 million Americans will benefit from rebates provided by their insurance company because the company spent too much of their premium dollars on administrative costs or CEO bonuses.
"Every application has been carefully assessed to ensure that the highest possible proportion of the budget can be used to deliver projects in local communities rather than being spent on administrative costs, " Mr Sargeant added.
For example, in my home state of Maine, more than 10, 000 people will benefit from the rules that require insurance companies to provide their customers a rebate because they spent too much of your premiums on administrative costs or CEO bonuses.
Tack on new administrative costs as those sports are forced to form new leagues to manage their sport.
This will increase pressure on insurers to cut unnecessary costs on administrative and all other non-medical expenses.
Kassalow figured BRAC's 80, 000-strong sales force could help him scale up faster while saving money on training and administrative costs.
Government oversight: Insurers must report how much they spend on medical care versus administrative costs, a step that later will be followed by tighter government review of premium increases.
For the expense figure, take the "general and administrative" costs disclosed on the income statement.
She criticised an increase in spending on the European Parliament's administrative costs, and told MEPs to "listen to their conscience" and vote against the budget.
After that, federal cost-sharing will decline slightly, but still will remain at 90 percent from 2020 forward (although states would be on the hook for half of any additional administrative costs).
The center said setting up a fund is contingent on finding a bank partner and donors to cover administrative costs.
His strategy is to streamline their finances, eliminate debt, and cut down administrative costs so that any surplus income can be spent on the arts rather than the suits.
GPPs spread the administrative costs which people would face if they took out personal pensions on their own.
The Department of Transportation took a hard look and recently eliminated over 32 million annual forms, thus saving tens of millions of dollars in costs annually while also eliminating 1.6 million hours that truck drivers spend on administrative work each year.
The four London boroughs that will begin introducing the cap on Monday - Haringey, Bromley, Croydon and Enfield - will receive the money to cover extra administrative costs.
Complementing the steps they take on the revenue side, the leaders will also reduce costs by making claims management more efficient and cutting administrative overhead.
Something else is revealed by digging deeper into the key components in healthcare spending: Technology, administrative expenses, hospital costs, lifestyle choice and chronic disease conditions have all had greater impacts on rising overall healthcare costs than physicians.
应用推荐