Senate Bill 1120, signed by Gov. Gavin Newsom in September, now prohibits health insurance companies from relying solely on AI algorithms to deny coverage, ensuring that a human perspective remains central to each decision.
Tag: health care
What Insurers Need to Know About Rising Health Care Costs for 2025
As employers brace for a projected 9% increase in health care benefit costs in 2025, insurers need to be aware of key trends influencing these changes.
9 in 10 Employers Plan to Change Health and Wellbeing Vendors in Next Two Years: WTW Survey
To address a broad range of their employees’ need, most U.S. employers are making changes to their vendor partnerships that provide healthcare and wellbeing benefits to their employees.
The Traveling Nurse Bubble with High Wages Bursts
It was both the best and worst of times…for nurses. During the Covid-19 pandemic, hospitals across the United States had to dig deep to treat patients because some of the most profitable parts of their business, elective surgeries, were constantly postponed. The companies that assisted them in maintaining adequate staffing levels, as well as the… Continue reading The Traveling Nurse Bubble with High Wages Bursts
Global Survey Reveals Extent of Underinsurance of Key Risks in Burgeoning Digital Health and Wellness Sector
Insurance companies and brokers need to go further to support the fast-growing digital health and wellness sector with more specialist coverage that meets its specific risk requirements and helps companies to navigate the complex risk landscape. These are among the findings published today in a new report, Spotlight on digital health and wellness, highlighting attitudes… Continue reading Global Survey Reveals Extent of Underinsurance of Key Risks in Burgeoning Digital Health and Wellness Sector
Working Americans Are Getting Less Sleep, Especially Those Who Save Our Lives
If you often hit that midafternoon slump and feel drowsy at your desk, you’re not alone. The number of working Americans who get less than seven hours of sleep a night is on the rise. And the people hardest hit when it comes to sleep deprivation are those we depend on the most for our… Continue reading Working Americans Are Getting Less Sleep, Especially Those Who Save Our Lives
Amazon Joins Trend of Sending Workers Away for Health Care
Employers are increasingly going the distance to control health spending, paying to send workers across the country to get medical care and bypassing local health-care providers. One of the latest is Amazon.com Inc., which will pay travel costs for workers diagnosed with cancer who choose to see doctors at City of Hope, a Los Angeles-area… Continue reading Amazon Joins Trend of Sending Workers Away for Health Care
Your Employee Health Plan Could Soon Look Like Your 401(k)
A landmark change will soon give more American workers control over their health-care coverage, but be warned: There are pitfalls. Beginning Jan. 1, 2020, companies can provide employees with tax-free dollars to purchase an individual policy rather than offer them a traditional group-health plan. The Trump administration laid out the final rules for the so-called… Continue reading Your Employee Health Plan Could Soon Look Like Your 401(k)
A Trio of Trump Rules Will Remake U.S. Health Insurance Markets
President Donald Trump’s attempt to transform American health insurance is almost complete. Twenty months ago, frustrated after attempts to repeal Obamacare fell apart in the Republican-controlled Senate, Trump pledged to use executive power to do what Congress failed to legislate. An executive order set in motion regulations to promote “health care choice and competition across… Continue reading A Trio of Trump Rules Will Remake U.S. Health Insurance Markets
Willis Towers Watson to Acquire TRANZACT
Willis Towers Watson, a leading global advisory, broking and solutions company, announced today the acquisition of TRANZACT, a direct-to-consumer health care organization that links individuals to U.S. insurance carriers. TRANZACT was acquired by its current majority owner, a Clayton, Dubilier & Rice (CD&R) fund, in 2016. TRANZACT will operate as an integral part of Willis… Continue reading Willis Towers Watson to Acquire TRANZACT