Medical Debt Will Persist Despite Health Law

Consumers with incomes below 250% of the federal poverty level ($28,725 for an individual) have lower cost-sharing limits if they buy silver plans on the exchanges. But families of four with incomes above 400% of poverty ($94,200) are ineligible for financial assistance and unlikely to have enough cash on hand to pay even the deductible for many plans, the Kaiser study showed. These families tend to have about $12,000 in liquid assets, Kaiser says, but when other consumer debt is taken into consideration, most have net liquid assets of $5,200 or less. Premiums can add significantly to health care costs: An earlier USA TODAY analysis of premiums on the site found more than half of counties lacked a plan that would meet the federal affordability test for a couple making about $62,000 a year, or just over the amount eligible for subsidies. A third didn’t have a plan deemed affordable for an individual above 400% of the poverty level or about $47,000, meaning the premium cost more than about 8% of annual income. John Roll, a former transportation consultant from Southern California, has an outstanding medical bill of $88,000 from neurological tests that followed brain surgery in 2009. That bill went to a collections agency. Making matters worse, Roll has an urgent operation coming up this year to remove a hematoma near his liver. He can’t work and his wife is unemployed, but at least having that bill capped at under $6,500 makes it possible that they could pay it out of retirement savings, he says. “I’m hugely relieved,” Roll says of the ACA caps. “In 2011, we were talking about a strategic divorce so we wouldn’t have to get sucked under by the medical bills.” Cathy and Scott Carson of Truckee, near Reno, say medical debt will be unavoidable for them. They are waiting to hear whether they can get a hardship exemption so they don’t have to buy a new plan to replace the one that got canceled last year because it didn’t meet the ACA requirements.

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Medical Alarm Concepts Receives Initial Order for Joint Venture

And Abramson noted the proliferation of dual-degree programs: students who earn an MD along with a graduate degree in science, business administration or public health. The core content we deliver is rigorous, comprehensive and very well monitored, he said. To stay in the three-year program, students must remain in the upper half of the class; they retain the option of switching to the four-year track if they find it too taxing. First-year students are also assigned mentors in their intended residency. While students at NYU can designate a variety of specialties, the three-year Family Medicine Accelerated Track at Texas Tech is limited to those who intend to pursue that specialty. There werent enough primary-care doctors before the Affordable Care Act, said Texas Tech medical school dean Steven Berk, who trained as a family physician. There are lots of towns in Texas with 25,000 people and no doctor. And its the primary-care physicians who find the small breast mass or control patients blood pressure. They are essential to the functioning of the health-care system. Many students who chose the three-year course have committed to primary care based on their previous work experience. We have students who have been PAs, EMTs and RNs, he said, referring to physician assistants, emergency medical technicians and registered nurses. Texas Tech students are awarded a $15,000 full tuition scholarship to cover the first year. When they graduate, their average debt for tuition and living expenses totals about $60,000, Berk said. Like the NYU program, students have the option of switching to the four-year track none has so far and are granted a residency spot when they enter med school. Fears that they will not perform as well as their four-year counterparts have not been validated, Berk said. Scores on licensing exams are equivalent, and burnout has not been a problem.

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Should medical school be shortened to three years? Some programs try fast tracking.

Integrated into the programming will be various service offerings that seniors can access by pressing their “easy call-in button”. Medical Alarm Concepts will be providing its MediPendant product for use as the call-in apparatus providing the senior with a way to interact with the service provider in a two-way manner, as well as the ability to summon help in the event of a fall or other medical emergency. Ronnie Adams, CEO of Medical Alarm Concepts, commented, “We continue to grow exponentially with our monthly recurring revenues as a result of our success with our retail and Internet channels, but we are now also realizing increased opportunities for equipment sales in support of innovative new service offerings. As a result of this new order and our accelerating sales through our other channels, we have informed our factory partner to produce additional inventory to meet our growing demand. We continue to advance our sales efforts, which are driving our monthly recurring revenues and our one-time equipment sales.” About Medical Alarm Concepts Holding, Inc. Medical Alarm Concepts Holdings, Inc., which trades on the over the counter market under the stock symbol “MDHI”, is the manufacturer of the MediPendant personal medical alarm. The MediPendant is a patented two-way voice technology enabling the user to speak and listen directly through the pendant no matter where the user may be in and around their home. MediPendant service also includes advanced features such as three-way calling that enables the operator to link loved ones directly into the emergency call in real time. A standard PERS system does not enable the user to speak and listen through the pendant, thus limiting them to a small area in their home. For more information on the MediPendant, please visit . Safe Harbor Statement Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements.

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