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Health Insurance news, trends and insights

WebDec 28 2023 // The Colombian government will pay private health insurers 820 billion pesos ($215 million) of funds owed since last year for high-cost treatments and medicines, according to a

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Healthcare Costs, Premiums Likely to Rise for Years Due to COVID-19

WebIn the near term, health insurers have been able to incorporate expanding COVID-19 claims data, estimates of infection trends and pent-up demand for previously …

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UnitedHealth Expects Up to $1.6 Billion Hit from Change …

WebUnitedHealth Group expects to take a hit of as much as $1.6 billion this year from disruptions caused by the February cyberattack at its Change Healthcare unit. …

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25% of U.S. Health Care Spending Is Waste. Here’s Where to Find It.

WebOctober 8, 2019. Approximately 25 percent of spending in the U.S. health care system can be characterized as waste. That’s between $760 billion and $935 billion annually. A …

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Mental Health Drug Prescriptions on the Rise

WebMental Health Drug Prescriptions on the Rise. The number of Americans taking mental health prescription medication is up 6.4% in the last year, which means …

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UnitedHealth Unit Will Start Processing $14B Medical Claims …

WebCommunity health centers that serve more than 30 million poor and uninsured patients have been especially hit. The company has advanced payments of …

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How COVID Impacts Insurance in Unforeseen Ways

WebHaving recently marked the one-year anniversary of the COVID-19 pandemic, it seems like an opportune time to consider how the pandemic has impacted the …

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The Misnomer of ‘Insurance’ in Health Insurance, Why Health …

WebFor insurance to be real, the insurance must cover the party (ies) with insurable interest, be paid for by at least one party with insurable interest and must be …

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Why Health Insurance & Workers’ Compensation Insurance Are …

WebHealth insurance producers are about making life easy for a client’s benefits decision makers. This is why health insurance teams and P/C teams in agencies do not …

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New Insurance Laws for 2022 Sponsored by California Commissioner

WebCalifornia Insurance Commissioner Ricardo Lara. The Lara-sponsored laws include: Assembly Bill 570. Will increase access to health coverage and is designed to …

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Cancer Clinics Face Cash Crunch After Hack Rocks US Health Care

WebSome said that pharmaceutical wholesalers have been allowing them to delay payments — a sign that the effects of the hack are seeping into new corners of the …

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Insurance Implications of Required Vaccines

WebAn employer’s legal ability to require the vaccine is outside the scope of this article; employment attorneys are the most qualified to answer this question. This …

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Change Healthcare Cyberattack Is Still Disrupting Pharmacies, …

WebChange Healthcare, a division of UnitedHealth Group Inc., processes insurance claims and pharmacy requests for more than 340,000 physicians and 60,000 …

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6 Health Insurance Terms That You Need to Understand

WebDeductible (individual and family) We all understand the idea of a deductible. It works kind of in a similar way in health coverage as it does in property insurance. In …

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Mental Ill Health Drives Britain's Crisis of Worker Sickness: Research

WebIn the final quarter of 2022, more than 85 million working days were lost to employee ill health, at an estimated cost to firms of £12.3 billion ($15.3 billion). Mental …

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Indiana-Based Health Network Settles Medicare Fraud Case, …

WebArticle. INDIANAPOLIS (AP) – An Indianapolis-based health network has agreed to pay the government $345 million to resolve charges it defrauded Medicare by …

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How Covid-19 Transformed the Insurance Industry

WebThe digital impact of COVID-19 at insurance carriers three years later. According to a 2021 insurance CEO outlook survey conducted by KPMG, 96 percent of …

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Public Health Groups Sue FDA Again Over Delayed Menthol Ban

WebPublic health groups had previously sued the FDA in 2020 over its lack of action. The lawsuit was dismissed when the FDA announced two draft proposals in April …

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Washington Commissioner Fines UnitedHealthcare $500K

WebWashington Insurance Commissioner Mike Kreidler imposed a $500,000 fine against UnitedHealthcare Insurance Company for reportedly failing to demonstrate how it …

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Colombia Insurers Fear Petro’s Takeover to Spark Health Crisis

WebPhotograph: Private health insurance workers protest during a demonstration against the government’s proposed healthcare reform plan in Bogota, Colombia, on …

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Michigan Hospital Agrees to Pay $50K to Settle Religious …

Web0 Comments. Trinity Health Grand Rapids, formerly known as Mercy Health St. Mary’s, a hospital and member of the Trinity Health-Michigan health system, agreed …

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