—The leader of UnitedHealth Group conceded that the patchwork U.S. health system“ does not work as well as it should” but said Friday that the insurance executive gunned down on a Manhattan sidewalk cared about customers and was working to make it better. UnitedHealthcare CEO Brian Thompson, who was killed last week, was described as kind and brilliant by…
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Manhattan District Attorney's Office prosecutors started presenting evidence in the case Thursday, seeking an indictment against Mangione in the murder of Brian Thompson, CBS News and ABC News reported. Kathy Hochul said during an interview with CBS News that she had spoken to Pennsylvania Gov. According to CBS News, citing NYPD sources, Mangione's charge in…
Because the United States still doesn't have a national health care system that guarantees everyone adequate medical attention. On December 4, a gunman murdered Brian Thompson, UnitedHealthcare's 50- year-old CEO. And Andrew Witty, CEO of the overall UnitedHealth operation, collected $23.5 million, making him the nation's highest-paid health insurance CEO.
The Progressive Corporation (NYSE: PGR) is one of today’s top gainers. The company’s shares have moved 4.72% on the day to $254.22. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It […]
The U.S. health care system leaves much to be desired. Yet, given the recent tragic events, as a health policy scholar, I think it would be prudent to take a step back and reflect on the broader health care system and how the U.S. got to this point. Few with any personal experience or professional expertise would describe U.S. health care as the gold standard of health…
—A Florida woman has been charged with threatening her health insurance provider during a phone conversation after police say she uttered the same words found on the bullet casings used in the killing of an insurance executive in New York. Briana Boston, 42, told a representative of Blue Cross Blue Shield,“ Delay, deny, depose. The words“ delay,”“ deny” and“ depose” were…
With Donald Trump’ s return to the White House and Republicans taking full control of Congress in 2025, the Affordable Care Act’ s Medicaid expansion is back on the chopping block. More than 3 million adults in nine states would be at immediate risk of losing their health coverage if the GOP reduces the extra federal Medicaid funding that’ s enabled states to widen…
Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14 A INFORMATION Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant x Filed by a party other than the Registrant ¨ Check the appropriate box: T Stamp Inc. Not…
With Donald Trump's return to the White House and Republicans taking full control of Congress in 2025, the Affordable Care Act's Medicaid expansion is back on the chopping block. More than 3 million adults in nine states would be at immediate risk of losing their health coverage if the GOP reduces the extra federal Medicaid funding that's enabled states to…
By Jonathan Levin/ Bloomberg Opinion. Inflation optimists were riding high at the start of 2024. Price pressures seemed to be cooling quickly, and market pricing suggested that the Federal Reserve might lower policy rates by a whopping 1.75 percentage points this year.
When the CEO of United Health Care was gunned down on a city street, it is unclear whether anyone expected the massive outburst of hatred for the health insurance industry. Europe was far ahead in medical training, teaching about the body using a real cadaver, and other methods that actually attempted to show how you can help a sick person, methods that were sailing…
Warren Buffett’s Berkshire Hathaway sold $133 billion worth of stocks in the first three quarters of 2024. The company trimmed its stake in Bank of America, a significant investment in recent years. At the end of Q3, Berkshire Hathaway’s top four holdings were:
Representatives Diana Harshbarger and Jake Auchincloss introduced the Patients Before Monopolies Act Wednesday in Congress. The Senate version of the bill was introduced by Senators Elizabeth Warren and Josh Hawley. Enabling the FTC, Department of Health and Human Services, Antitrust Division of the Department of Justice, and state attorneys general to…
Related video: Lakeland woman accused of making threats against Blue Cross Blue Shield. KANSAS CITY, Mo.— Blue Cross and Blue Shield of Kansas City denied covering the cost of one metro woman's medicine that she says could save her life, leaving her with an over $8,000 monthly bill. Across the country, there has been renewed discussion about insurance companies and…
One has to pity Federal Reserve Chair Jerome Powell as he tries to secure his legacy by meeting the Fed's dual mandate of attaining price stability and maximum employment. Not only will Powell have President-elect Donald Trump now looking closely over his shoulder and putting inordinate pressure on him to keep interest rates low to goose up the economy and…
Iran economy has been hobbled for years by international sanctions over its advancing nuclear program. The country's fuel reserves have plummeted, with the government selling off more to cover budget shortfalls as wars rage in the Middle East and Tehran grapples with mismanagement. The surge has led some to suspect that organized cryptocurrency mining—…
In the wake of UnitedHealthcare CEO Brian Thompson's killing, there's been a lot of attention on the dysfunction of the health insurance industry. It's true that U.S. health care is uniquely costly and often frustrating, but experts say the reasons our life expectancy trails many comparable nations are complex. Life expectancy in the U.S. is on par with Ecuador…
2024 DEC 12– By a News Reporter-Staff News Editor at Insurance Daily News– Fresh data on Managed Care are presented in a new report. Funders for this research include Columbia World Projects, Kansas Department of Health and Environment, Michigan Department of Health and Human Services, New Jersey Department of Health, NYC Department of Health and Mental Hygiene,…
After Luigi Mangione made the difficult decision to undergo spinal surgery last year for chronic back pain, he became a proponent of the procedure that changed his life for the better. Those appear to have surfaced only later: in a handwritten note found after Mangione was detained as a suspect in the killing of UnitedHealthcare CEO Brian Thompson.
