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.
Health insurance companies may have made pretty impressive profits this past summer, but it is not all sunshine and roses for them. They are businesses like any other. They are facing their own economic challenges as they look forward to 2024. Which challenge will prove most difficult? Employers...
UnitedHealth posted a better-than-expected profit in the final quarter of 2024, but a nagging rise in medical costs and care utilization surprised Wall Street. Shares of the health care giant slid early Thursday after it released its first financial reportsince the brazen shooting of one of its...
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...
‘Person of interest’ in shooting of UnitedHealthcare CEO reportedly carrying ‘manifesto’ critical of insurance profits BYMarco Quiroz-Gutierrez December 10, 2024 at 4:08 AM GMT+8 A photo released by the New York Police Department shows a suspect in the fatal shooting of UnitedHealthcare CE...
These organizations often are criticized for earning high profits while many of the public are uninsured or under-insured. Critics of health insurance companies should understand, specifically, how these organizations earn their profits. Insurance companies realize profits by setting premium levels higher ...
I’ve decided to revisit this issue because Brian Thompson, the CEO of a health insurance company, was recently murdered. And the alleged assailant was a privileged young man who apparently thinks such businesses are greedy. I’m sure the shareholders of such companies want to see profits, but...
2024-08-21Year after year, the cost of medical care continues to increase. One significant contribution to this increase is that a 3rd party — the insurance company — pays for most of the medical cost for the insured. Because the insured pays only a small portion of the direct cost, ...
A new poll shows most Americans believe health insurance profits and coverage denials share responsibility for the killing of UnitedHealthcare CEO Brian Thompson. However, not as much responsibility as the person who shot him, a new poll shows. December 27, 2024 11:28am EST Luigi Mangione pl...
Since Health Insurance Marketplace open enrollment began November 1, 2024, an estimated 5.3 million people have selected plans for coverage in 2025, according to the Centers for Medicare and Medicaid Services. This includes: About 988,000 people who enrolled in a plan through the Health Insurance...