Health Insurance Industry News
A collection of Health Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Health insurance CEOs point fingers over soaring health care costs
Some of the nation's top health insurance executives sought to deflect blame for the soaring cost of health care in the U.S., arguing that rising hospital and prescription drug prices were driving premiums higher and making health care less…
US health insurance executives testify before Congress about increasing costs of healthcare
Executives from five of the country's largest health insurance companies appeared before Congress on Thursday as lawmakers examined why healthcare has become increasingly harder for Americans to afford. In one effort to address the affordability…
Health insurance executives grilled by House GOP and Democrats
Total healthcare spending rose by 7.2% in 2024 to more than $5.3 trillion, according to the Centers for Medicare & Medicaid Services. Healthcare spending accounted for 18% of the United States's gross domestic product in 2024. Energy and Commerce…
Health insurance CEOs grilled on high costs of care in back-to-back House hearings
WASHINGTON — Lawmakers on both sides of the aisle pressed health insurance CEOs on premium hikes, prior authorization rules and claim denials in back-to-back House committee hearings Thursday, zeroing in on how the insurers' decisions are…
Health insurance execs shift blame for costly, confusing health care system
Health insurance executives agree that the U.S. health care system is overpriced, wasteful, and confusing. And they also agree that those problems are someone else's fault. On Thursday, the CEOs of America's largest health insurance companies…
3,200 complaints lodged with Financial Markets Ombudsman in first year
KUALA LUMPUR: Some 3,200 complaints have been received by the Financial Markets Ombudsman Service since its inception a year ago, the Dewan Rakyat was told. Of the total, 2,268 complaints were resolved through mediation and adjudication, the…
Big Insurers Try to Shift Blame for High Health Costs to Hospitals and Drug Makers
In response to palpable, bipartisan frustration among lawmakers over soaring costs for medical care, the chief executives of the country's largest health insurers on Thursday attempted to place the blame on others, namely hospitals and drug makers.
Thune comes under GOP pressure to bypass Democrats on health care
Senate Majority Leader John Thune (R-S.D.) is coming under increasing pressure from Senate Republican colleagues to bring health care legislation to the Senate floor amid fears of a Democratic wave in November. Conservatives are pushing the GOP to…
Cigna Sees Up to $600 Million Earnings Hit From Pharmacy Plan
Cigna Group 's plan to end drug rebates will reduce earnings by $500 million to $600 million, the company's chief executive officer said at a congressional hearing Thursday in which the country's biggest health insurers were grilled about…
MHIT reforms aim to reset healthcare insurance, curb rising premiums
KUALA LUMPUR: Reforms under the Medical and Health Insurance/Takaful (MHIT) framework aim to reset Malaysia's healthcare insurance system by shifting away from fee-for-service payments towards a value-based model, in a move to curb rising premiums…
'Punch in the gut': West Virginia woman tells Congress her Obamacare premium jumped 323%
A West Virginia woman told lawmakers Tuesday that her Obamacare premium jumped 323%, calling the increase a 'punch in the gut' as Congress grilled health insurance CEOs over rising costs and the future of the Affordable Care Act. 'Last month, I did…
UnitedHealth Announces Plans to Rebate ACA Profits. What Does That Mean for UNH Stock as Trump Takes Aim at Insurers?
The latest headline from UnitedHealth Group (UNH) captured investors' attention for obvious reasons. During a hearing before lawmakers, UnitedHealth Group CEO Stephen Hemsley said that the firm plans to voluntarily rebate any profits made through…
Why Utahns are losing trust in the health care system - even when they have insurance
As health costs soar, Utahns are skipping medical care, taking on debt and dipping into savings to afford their health care, a new survey found. The One Utah Health Collaborative surveyed 1,000 Utahns and found that affordability pressures and…
Dubai News, UAE News, Gulf, News, Latest news, Arab news, Gulf News, Dubai Labour News
As residents in the UAE are concerned about extra expenditure on health insurance in 2026, many are asking one simple question: how much more will health insurance actually cost me? While messages from insurance brokerage firms warn of hikes…
Health care CEO vows to roll out rebates to Americans & 'return company profits
THE CEO of a top health insurance company has vowed to put money back in Americans' pockets in the form of rebates. Stephen Hemsley, the newest top boss of UnitedHealth Group, promised customers that company profits would go back to them as the…
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