On average, homeowners in California pay an annual insurance premium equal to about 0.4% of their home's value. We found that ZIP codes in mountainous and heavily forested rural areas of Butte County in Northern California and San Bernardino County in the south had the highest ratios and relatively low home values, while homes in the South Bay Area and…
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Anthem Blue Cross Blue Shield insurance announced in early November that it planned to change how it evaluates billed time on professional claims for anesthesia services next year and deny any claims for anesthesia services that exceed that time limit. The change was set to apply to members in Connecticut, New York and Missouri. Connecticut Attorney General…
The brazen murder of UnitedHealthcare CEO Brian Thompson has elicited an outpouring of vitriol on social media toward health insurers, grievances over denied claims and complaints about perceived greed in the insurance industry that serves as gatekeeper to the nation's $4.5 trillion health care system. "It's sadly misplaced anger," said Wendell Potter, a…
U.S. hiring bounced back in November with employers adding 227,000 jobs as the adverse toll on payrolls from two Southeast hurricanes and worker strikes largely reversed. The unemployment rate rose from 4.1% to 4.2%, the Labor Department said Friday. Yet uncertainty about the storms' precise effects could make it challenging for the Federal Reserve to gauge…
Only 5% of respondents ranked the services provided by health insurers as excellent, with about a third classifying them as poor. It is perhaps unsurprising: Insurers are people’s financial interface with a highly dysfunctional system.
The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone’s two biggest economies adding to the troubled picture.
Traditionally, the insurance industry used limited historical data and statistical methods for decision-making. But with the easy availability of sheer volumes of data, these methods have become outdated. They failed to keep up insurers with the latest industry trends, especially when the market is governed by multiple factors. The advent of big data, rapid technological…
President-elect Donald Trump said in an NBC News interview that he would not remove Jerome Powell as chairman of the Federal Reserve.
The fatal shooting of UnitedHealthcare CEO Brian Thompson set off a massive search, with investigators now offering a total reward of $60,000.
Doctors trying to get patients necessary drugs and procedures stymied by health insurance prior authorization. It's not a game. It's life and death.
You didn’t expect the laughing emojis.
At this Braintree life insurance agency, management worries less about applicants’ resumes and more about their values and work ethic. VIEW FROM THE TOP:“ Our focus is to hire good people, then put them in an environment where they can grow each day, personally and professionally, "says co-owner Ryan Hall. Employees use an all-day Zoom conference room with personal…
THE MOTIVATION for the brazen and seemingly premeditated assassination of a health insurance executive in midtown Manhattan remains under investigation. The likeliest theory is that a hooded gunman, armed with a pistol and apparent silencer, killed 50- year-old Brian Thompson because he was chief executive of UnitedHealthcare, which provides health…
Anger over the US healthcare system boiled over this week after the NYC killing of an insurance company executive
For years, patients in the U.S. health care system have grown frustrated with a bureaucracy they don’t understand. Doctors are included in an insurer’s network one year but not the next. Getting someone on the phone to help can be next to impossible. Coverage of care and prescriptions is often unceremoniously denied.
The fatal shooting of UnitedHealthcare CEO Brian Thompson set off a massive search, with investigators now offering a total reward of $60,000.
NEW YORK— US stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The quiet trading came after the latest jobs report came in mixed enough to strengthen traders’ expectations that the Federal Reserve will cut interest rates again at…
A different health insurance company scam "Ghost Networks" – provider directories which list doctors who supposedly accept the health insurance plans listed but don’t. See New York attorney Steve Cohen’s article about these scams, "Haunted by Ghost Networks," published on the Internet in KevinMD.com by clicking READ THE ARTICLE HERE About the admissibility of AI evidence A New…
Before UnitedHealthcare CEO Brian Thompson was gunned down in Midtown Manhattan this week, he was steering his company through court battles and legislative threats at a time of public frustration over health insurance industry tactics. "He called me and said,' I'm from Iowa, my parents have difficulty explaining what I do, let alone being sued for a billion…
