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

WEBHealth implications related to COVID-19 will continue to drive elevated health system utilization long after the acute phase of the pandemic has concluded, …

Actived: 8 days ago

URL: https://www.insurancejournal.com/news/national/2021/08/16/627324.htm

Why Health Insurance & Workers’ Compensation Insurance Are …

WEBEmployer provided health “insurance” is an interesting case study of how words matter. By applying the sobriquet, “insurance” to what is really an employee …

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

WEBFully funded health insurance through an employer is really subsidized health coverage. It is not insurance. Naming it “insurance” is what has opened the door …

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UnitedHealth Says Hackers Possibly Stole Large Number of …

WEBUnitedHealth Group said on Monday that hackers stole health and personal data of potentially a “substantial proportion” of Americans from its systems in February, …

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Change Healthcare Cyberattack Is Still Disrupting Pharmacies, …

WEBA cyberattack that has disrupted Change Healthcare’s computer networks for nearly a week is creating a growing administrative problem for pharmacies and …

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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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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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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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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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Lockton Re: Hypothetical Cyber Event Offers Carriers an …

WEBIn fact, the P&C market will come out relatively unscathed unlike the cyber insurance market, the authors said. The cyber insurance aggregate loss ratio will be …

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Life Insurance news, trends and insights

WEBJapan Orders 4 Non-Life Insurers to End Anti-Competitive Business Practices. Dec 27 2023 // Japan ordered four major non-life insurance companies to improve business practices …

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UnitedHealth Blamed ‘Nation-State’ Threat in Hack That Disrupted

WEBUnitedHealth found a “suspected nation-state associated cyber security threat actor” had access to subsidiary Change Healthcare’s systems on Feb. 21, …

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Small Business Market: Rising Costs, Hard Market but Hope for …

WEBNew businesses are opening their doors every day. Small business start-ups are booming with record-breaking new business applications reported in 2023. While the …

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Health Insurance Isn’t Really Insurance, Researcher Says

WEBLost in the debate over a public option health insurance plan, says a University of Iowa insurance expert, is the fact that health insurance differs in many …

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Alera Group Acquires Texas-Based HealthSure

WEBAlera Group, a national insurance and financial services firm, announced today the acquisition of Texas-based HealthSure. Founded in 1998 by Barry Couch, …

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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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ALKEME Acquires Illinois’ Ralph Weiner & Associates

WEBALKEME announced the acquisition of Ralph Weiner & Associates, a retail insurance agency based in Wheeling, Illinois. Established in 1951, Ralph Weiner & …

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PCF Insurance in Utah Secures $400M in Financing

WEBPCF Insurance Services in Utah closed $400 million in incremental debt financing led by Blue Owl. The financing was materially oversubscribed and was upsized …

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People Moves: Morisato joins Sentry Board of Directors

WEBSusan Morisato has joined Sentry's Board of Directors. Sentry is headquartered in Steven's Point, Wisconsin. Morisato, based in Des Plaines, Illinois,

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NC Agent, Missouri Lawyers Convicted in $4M Tax Shelter, …

WEBA federal jury on Thursday found a North Carolina insurance agent and two Missouri lawyers guilty on all counts in a $4 million tax evasion scheme that also …

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Connecticut M&A Advisor Agrees to Pay $1.5M to Settle Data …

WEBMerritt Healthcare Advisors, a Connecticut mergers and acquisitions (M&A) advisory firm for healthcare practices, has agreed to a $1.525 million settlement of a …

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Jury Rules BNSF Contributed to 2 Deaths in Montana Town Where …

WEBThe pollution in Libby has been cleaned up, largely at public expense. W.R. Grace, which played a central role in the town’s tragedy, filed for bankruptcy in 2001 and …

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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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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 …

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Chubb to Acquire MGA Healthy Paws From Aon

WEBChubb said it is acquiring managing general agent Healthy Paws from Aon plc. Whitehouse Station, New Jersey-based Chubb has been the exclusive underwriter of …

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