The insurance industry has witnessed a shift from unit-linked plans toward non-linked plans. Non-linked businesses contributed 80% to the new business premium of the industry. What does this trend mean for the bottom line of insurance companies?Nearly every industry was affected by the Covid-19 pandemic, and each one has responded differently. Additionally, it has brought … Read more
Jan. 7, 2022 — The Biden administration said this week it intends to challenge insurance companies to deliver better service to people enrolled in Medicare, including applying discounts on drugs covered by Part D more directly to their pharmacy costs. The Centers for Medicare and Medicaid Services (CMS) on Thursday unveiled a 360-page proposed rule … Read more
American Medical Association: “AMA analysis shows most physicians work outside of private practice,” “Shifts away from smaller and private practices pick up speed,” “Competition In Health Insurance.” McKinsey & Company: “Physician employment: The path forward in the COVID-19 era.” American Hospital Association: “Market Insights: Evolving Physician-Practice Ownership Models,” “New Research Confirms: Hospital Mergers Reduce Costs, … Read more
Treatment for COVID-19 accounted for as much as 11 per cent of the total health insurance claims paid by insurance companies during the first five months of the current financial year, says a research conducted by Policybazaar.com. The research further revealed that 89 per cent of health insurance claims during April 1, 2020 and August … Read more