W. R. Berkley Corporation today announced the combination of its two healthcare–centric operating units, BerkleyMed and Berkley Healthcare, into a single operating unit under the name Berkley Healthcare. The newly combined operating unit will provide a broader and more cohesive array of products and services to the continuum of healthcare providers. Gregg A. Piltch has… Continue reading W. R. Berkley Corporation Combines the Strengths of BerkleyMed and Berkley Healthcare
Tag: health care insurance
Trump Administration Releases Transparency Rule in Hospital Pricing
The Trump administration Friday released a far-reaching plan that would for the first time force hospitals and insurers to disclose their secret negotiated rates. Administration officials said the final rule will compel hospitals in 2021 to publicize the rates they negotiate with individual insurers for all services, including drugs, supplies, facility fees and care by… Continue reading Trump Administration Releases Transparency Rule in Hospital Pricing
New Survey Reveals Americans Under 35 Unable to Save for Retirement, Pay Down Debt, or Buy a House
Healthcare costs leave young adults unable to take care of themselves today AND prepare for health and financial needs tomorrow. Lively finds the majority of Gen Zers and Millennials have cut back spending on wellness activities due to healthcare costs, including decreased spending on hobbies (42 percent) and putting off or canceling vacation plans (31… Continue reading New Survey Reveals Americans Under 35 Unable to Save for Retirement, Pay Down Debt, or Buy a House
Cost of Employer-Provided Health Coverage Passes $20,000 a Year
The average total cost of employer-provided health coverage passed $20,000 for a family plan this year, according to a new survey, a landmark that will likely resonate politically as health care has become an early focus of the presidential campaign. Annual premiums rose 5% to hit $20,576 for an employer-provided family plan in 2019, according… Continue reading Cost of Employer-Provided Health Coverage Passes $20,000 a Year
Amazon’s Joint Health-Care Venture Has A Name: Haven
The joint health-care venture between Amazon, J.P. Morgan and Berkshire Hathaway finally has a name: “Haven.” Amazon CEO Jeff Bezos, J.P. Morgan CEO Jamie Dimon and Berkshire Hathaway CEO Warren Buffett last January announced they were teaming up to tackle rising health-care costs. They formed a nonprofit company and named renowned surgeon, author and speaker… Continue reading Amazon’s Joint Health-Care Venture Has A Name: Haven
Health-Care Spending Projected to Accelerate as Population Ages
The growth in U.S. health-care spending is expected to accelerate over the coming eight years as baby boomers age and the prices for medical services grow, the Trump administration said Wednesday. The report from actuaries at the Centers for Medicare and Medicaid Services is likely to add to the pressures making health care a significant… Continue reading Health-Care Spending Projected to Accelerate as Population Ages