The Trump administration is sounding out the medical industry on requiring hospitals, doctors and other health care providers to publicly disclose the secretly negotiated prices they charge insurance companies for services, a move that would expose for the first time the actual cost of care. The U.S. Department of Health and Human Services is seeking… Continue reading Trump Administration Weighs Publicizing Rates Hospitals and Doctors Negotiate with Insurers
Tag: health insurance
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
Jeff Burt Appointed President of Hannover Re US
Hannover Life Reassurance Company of America (Hannover Re US), announces the appointment of Jeff Burt as President. In this role, he will be responsible for Hannover Re’s life and health reinsurance business in the United States. Jeff joined Hannover Re US in 2003 as Vice President, Marketing with responsibilities for client relationships in traditional life… Continue reading Jeff Burt Appointed President of Hannover Re US
WTW: Five Actionable Health Care Strategies that Create a Competitive Edge
As 2019 takes hold, companies unsatisfied with their health care spend can look to five effective strategies embraced by 2018’s best-performing companies to keep their employees healthy and costs low. The best performers eclipse others when it comes to using best-in-class, cost-effective health care benefit strategies. These companies boast a $3,548 per employee per year… Continue reading WTW: Five Actionable Health Care Strategies that Create a Competitive Edge
Department Issues Cease and Desist Order to Protect California Employers from Unauthorized “Self-Insured” Health Plans
The California Department of Insurance (CDI) issued a Cease and Desist Order effective immediately upon NexGen Insurance Services, Inc., Riverstone Capital, LLC dba Riverstone Capital Insurance Services, LLC and its owner/operators Travis O. Bugli, James C. Kelly and Robert M. Clarke. Parallel investigations by CDI and the U.S. Department of Labor (DOL) revealed that NexGen… Continue reading Department Issues Cease and Desist Order to Protect California Employers from Unauthorized “Self-Insured” Health Plans
New Rules Could Ease Patients’ Access to their Own Health Records
The Trump administration is proposing steps aimed at improving patients’ access to their own health data, bolstering efforts to bring information including insurance claims, hospital and doctor records to digital devices such as smartphones. Federal health regulators are set to unveil two major proposed regulations closely watched by health and technology companies, amid a growing… Continue reading New Rules Could Ease Patients’ Access to their Own Health Records
Microsoft Aims to Connect Patient Health Records in the Cloud
Microsoft Corp. is releasing a service to help health-care companies move vast amounts of patient data to its cloud and connect with other related systems in a bid to offer clinicians, individuals and researchers a more comprehensive view of patient health. The tool, based on Microsoft’s Azure cloud platform and a national standard for exchanging… Continue reading Microsoft Aims to Connect Patient Health Records in the Cloud
Trump Targets Rebates to PBMs to Lower Drug Costs
The Trump administration proposed ending a complex system of drug rebates that influence tens of billions of dollars in U.S. pharmaceutical spending, a move that could upend the relationship between drugmakers and pharmacy benefits middlemen. The proposal, a long-awaited part of the administration’s plan to target high list prices of drugs, would ban rebates paid… Continue reading Trump Targets Rebates to PBMs to Lower Drug Costs
Rate of Americans without Insurance Rises to 4-Year High As Health Law Weakened
The percentage of U.S. adults without health insurance reached a four-year high in the last quarter of 2018, but was still well below the peak level seen before Medicaid expansion under the Affordable Care Act in 2014, a new Gallup survey published Wednesday found. The national uninsured rate climbed to 13.7 percent in the fourth… Continue reading Rate of Americans without Insurance Rises to 4-Year High As Health Law Weakened
CT Insurance Dept. Recoups $8M for Policyholders, Taxpayers
The Connecticut Insurance Department said it recovered nearly $8 million for policyholders and taxpayers in 2018, according to Acting Commissioner Paul Lombardo. Lombardo, serving in place of former Commissioner Katharine L. Wade, on Friday said his agency’s Consumer Affairs Unit handled 6,350 complaints and inquiries in 2018, resulting in over $5.5 million being returned to… Continue reading CT Insurance Dept. Recoups $8M for Policyholders, Taxpayers