Insurancejournal.com

Health Insurance news, trends and insights

WEBColombia to Pay $215 Million in Liabilities to Health Insurers. Dec 28 2023 // The Colombian government will pay private health insurers 820 billion pesos ($215 million) …

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Healthcare Costs, Premiums Likely to Rise for Years Due to COVID-19

WEBHealth implications related to COVID-19 will continue to drive elevated health system utilization long after the acute phase of the pandemic has concluded, …

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UnitedHealth Says Hackers Possibly Stole Large Number of …

WEBUnitedHealth Group said on Monday that hackers stole health and personal data of potentially a “substantial proportion” of Americans from its systems in February, …

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The Misnomer of ‘Insurance’ in Health Insurance, Why Health …

WEBFully funded health insurance through an employer is really subsidized health coverage. It is not insurance. Naming it “insurance” is what has opened the door …

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Change Healthcare Cyberattack Is Still Disrupting Pharmacies, …

WEBA cyberattack that has disrupted Change Healthcare’s computer networks for nearly a week is creating a growing administrative problem for pharmacies and …

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25% of U.S. Health Care Spending Is Waste. Here’s Where to Find It.

WEBOctober 8, 2019. Approximately 25 percent of spending in the U.S. health care system can be characterized as waste. That’s between $760 billion and $935 billion annually. A …

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UnitedHealth Unit Will Start Processing $14B Medical Claims …

WEBCommunity health centers that serve more than 30 million poor and uninsured patients have been especially hit. The company has advanced payments of …

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Alera Group Acquires Texas-Based HealthSure

WEBAlera Group, a national insurance and financial services firm, announced today the acquisition of Texas-based HealthSure. Founded in 1998 by Barry Couch, …

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Connecticut M&A Advisor Agrees to Pay $1.5M to Settle Data …

WEB1 min. Merritt Healthcare Advisors, a Connecticut mergers and acquisitions (M&A) advisory firm for healthcare practices, has agreed to a $1.525 million settlement …

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People Moves: Morisato joins Sentry Board of Directors

WEBSusan Morisato has joined Sentry’s Board of Directors. Sentry is headquartered in Steven’s Point, Wisconsin. Morisato, based in Des Plaines, Illinois, brings over 30 …

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Small Business Market: Rising Costs, Hard Market but Hope for …

WEBNew businesses are opening their doors every day. Small business start-ups are booming with record-breaking new business applications reported in 2023. While the …

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6 Health Insurance Terms That You Need to Understand

WEBDeductible (individual and family) We all understand the idea of a deductible. It works kind of in a similar way in health coverage as it does in property insurance. In …

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UnitedHealth Blamed ‘Nation-State’ Threat in Hack That Disrupted

WEBUnitedHealth found a “suspected nation-state associated cyber security threat actor” had access to subsidiary Change Healthcare’s systems on Feb. 21, …

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Cancer Clinics Face Cash Crunch After Hack Rocks US Health Care

WEBSome said that pharmaceutical wholesalers have been allowing them to delay payments — a sign that the effects of the hack are seeping into new corners of the …

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PCF Insurance in Utah Secures $400M in Financing

WEBApril 25, 2024. PCF Insurance Services in Utah closed $400 million in incremental debt financing led by Blue Owl. The financing was materially oversubscribed …

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NC Agent, Missouri Lawyers Convicted in $4M Tax Shelter, …

WEBA federal jury on Thursday found a North Carolina insurance agent and two Missouri lawyers guilty on all counts in a $4 million tax evasion scheme that also …

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New Jersey Forest Service Says 510-Acre Wharton Wildfire Is 100

WEB1 min. The New Jersey Forest Fire Service said it has reached 100% containment of a 510-acre wildfire in the area of Jackson Rd. in Wharton State Forest. …

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Ohio Manufacturer Fined $314K Following Fatal Workplace Incident

WEBApril 23, 2024. An Ohio subsidiary of one of the world’s largest automotive suppliers could have prevented a 26-year-old employee in Franklin from being fatally …

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Chubb to Acquire MGA Healthy Paws From Aon

WEBChubb said it is acquiring managing general agent Healthy Paws from Aon plc. Whitehouse Station, New Jersey-based Chubb has been the exclusive underwriter of …

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South Carolina Ringleader Sentenced to 8 Years for Staged …

WEBAfter his release in 2021, he took a more active role in the accident scheme, authorities said. After his guilty plea this week, Heyward was sentenced to eight more …

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Colombia Insurers Fear Petro’s Takeover to Spark Health Crisis

WEBPhotograph: Private health insurance workers protest during a demonstration against the government’s proposed healthcare reform plan in Bogota, Colombia, on …

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Visiting Nurse’s Killing at Halfway House Renews Pleas for Home …

WEBReach House, a halfway house for sex offenders, sits atop a small hill, Tuesday, Nov. 21, 2023 in Willimantic, Conn. A visiting nurse, Joyce Grayson, was …

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