Competition in commercial health insurance markets is shrinking for half the country. That’s the word from the American Medical Association’s “Competition in Health Insurance: A Comprehensive Study of U.S. Markets” report. The findings showed half of all states had commercial health insurance markets that were less competitive in 2017 than in 2016. The report offers… Continue reading AMA Report Shows Competition Shrinking in Many U.S. Health Insurance Markets
Tag: group health insurance
Jury Tells Aetna to Pay $25 Million to Late Cancer Patient’s Family
A jury has ordered Aetna to pay more than $25 million to the family of an Oklahoma City woman who died a year after the insurance company refused to cover a type of radiation therapy. Jurors found that Aetna doctors didn’t spend enough time reviewing Orrana Cunningham’s case before denying her coverage for proton beam… Continue reading Jury Tells Aetna to Pay $25 Million to Late Cancer Patient’s Family
Big Employers Will Use Online Startup to Save on Medicine Costs
A group of large employers plans to use a new online prescription-savings tool as they confront high drug costs and try to steer patients to the most cost-effective medicines. The Health Transformation Alliance, a coalition of more than 40 big companies that includes IBM Corp., Verizon Communications Inc. and American Express Co., has agreed to… Continue reading Big Employers Will Use Online Startup to Save on Medicine Costs
Employer Medical Costs Worldwide Expected to Rise at Nearly Triple the Rate of Inflation in 2019: Aon
Medical plan costs paid by employers around the world are set to rise nearly 8 percent in 2019, far outpacing average general inflation of nearly 3 percent, according to the 2019 Global Medical Trend Report released today by Aon, the leading global professional services firm providing a broad range of risk, retirement and health solutions.… Continue reading Employer Medical Costs Worldwide Expected to Rise at Nearly Triple the Rate of Inflation in 2019: Aon
Employers, Employees Striking a Balance When It Comes to Health Care Costs in 2019
The coming year is expected to usher in better news for U.S. workers when it comes to their health care costs, according to a new actuarial analysis by Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions. In 2018, health care premiums rose 3.5 percent. However,… Continue reading Employers, Employees Striking a Balance When It Comes to Health Care Costs in 2019