they can also leads to higher profits for the insurance companies, as health care services are delayed, never get delivered, or are not paid for by the insurer even if they are provided by the physician.
Discusses the effect of good first-half underwriting results on the pace of health insurance premium increases. Concerns about national health reform; Improved earnings; Role of health care inflat...
However, health insurance companies are seeing earnings rise. UnitedHealth Group, the parent company of UnitedHealthcare and the largest private health insurer in the U.S., announced a sharp uptick in its second quarter earnings, more than $1.5 billion than the same quarter from the previous ye...
Third, the government can permit or even require insurers to spend a share of the excess profits on these urgent public health needs. Insurance companies are in the unique institutional and financial situation to fill essential gaps in the pandemic response. Doing so would further the stated missi...
big health argues, doctors or hospitals are paid for each service they provide, encouraging them to perform as many as possible and charge as much as they can. If doctors and insurance companies are part of the same business, by contrast, incentives should be aligned and overall costs should...
Without countervailing regulations, health insurance companies have a financial incentive to restrain utilization. Generally, the less they pay in health benefits, the higher their profits will be. Health insurance companies can implement a number of different management techniques or limitations on coverag...
Insurance companies will be integral to Insurance Exchanges if the Patient Protection and Affordable Care Act (PPACA) remains viable. They also are likely to be part of alternative approaches to health care reform. These organizations often are criticized for earning high profits while many of the ...
“Those big conglomerates, they just have a lot of clout in the marketplace, more clout than the insurance companies, because if [insurers] don’t pay them what they ask for, they’ll drop out of your network,” she said. Hospitals, meanwhile, have also been bedeviled by high costs, ...
COVID-19 has significantly impacted both the health & well-being of the population and the economies of the world. For U.S. health insurance companies, the repercussions of the virus became evident late in the first quarter, thus making the pandemic’s effect on financial and enrollment result...
As economic stagnation exerted downward pressure on company profits and a new corporate cost-consciousness developed, employers began to shift more of the insurance burden to their employees. Likewise, insurance companies were battling new economic and regulatory forces; skyrocketing inflation , ...