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.
NDIS slashed and higher health insurance subsidy for over 65s scrapped, in Health Minister Butler's package
The government will slash spending in real terms on the National Disability Insurance Scheme over four years, as it undertakes a massive “reset” of the program. People with lower support needs will be moved off the scheme and over the…
Democrats Didn't Discover The Insurance Crisis. They Created It
“Sen. Wyden is right that it's time to rethink how the insurance industry operates,” says health expert Sally Pipes. “But it was his party's policies that created this system. They should not be trusted to clean up their…
Elevance Health Profits Eclipse $1.7 Billion Despite Elevated Costs
Elevance Health Wednesday reported first quarter net income exceeding $1.7 billion as healthcare cost issues continued to be a drag on earnings of the nation's second-largest health insurance company. Elevance Health Wednesday reported nearly $1.8…
UnitedHealth Sees 'Challenges' With Medicare Obesity Program
Health insurers are raising questions about the Trump administration's plan to cover obesity drugs in Medicare next year, casting doubt on whether enough insurers will sign on to the effort for it to launch as planned. CVS Health Corp., parent of…
Walz: 'Next Democratic president better figure out a way to get universal health care'
Minnesota Gov. Tim Walz (D) advised the next Democratic president to focus on passing universal healthcare, a policy measure that has been hotly debated within the party in recent years. “We have to figure out, once we move in a progressive…
Over-65s private health rebate slashed to fund aged care beds
Health Minister Mark Butler will scrap the higher private health insurance subsidy for people aged over 65 and spend the proceeds on 5000 new aged care beds and a policy backflip on forcing co-payments for key services. Butler said the Howard-era…
Medicare Delays Full Obesity-Drug Program Rollout After Insurers Push Back
The Medicare agency will extend a short-term program that will pay for weight-loss drugs such as Eli Lilly's Zepbound and Wegovy, guaranteeing access to the popular medications will continue for seniors next year. The decision by the Centers for…
Fewer Oregonians are enrolling in marketplace plans because of federal uncertainty
About 21,000 fewer people enrolled in health insurance plans through the Oregon Health Insurance Marketplace compared with a year ago, according to a new report. The Oregon Health Authority on Thursday released its annual report giving insight into…
Health Care Up After UnitedHealth Earnings -- Health Care Roundup
Health-care companies rose after strong earnings from the largest U.S. health insurer by enrollees. UnitedHealth Group reported first-quarter results that substantially overshot Wall Street expectations and raised its annual guidance, signaling…
Stock Movers: 3M, UNH, TSCO
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for…
Elevance Health: Q1 Earnings Snapshot
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Elevance Health Inc. (ELV) on Wednesday reported first-quarter profit of $1.76 billion. On a per-share basis, the Indianapolis-based company said it had profit of $8. Earnings, adjusted for…
Buy these 'income darlings' to boost your portfolio, says Jefferies
As geopolitical tensions rattle markets and drive sharp swings in stocks, Jefferies is advising investors to lean into companies with strong fundamentals and sturdy dividends. Stocks have been whiplashed the past several weeks, with the onset of…
RFK Jr. on vaccines, Iran war, NIH funding, and more
The week of hearings, his first appearance before Congress since last fall, has been a test for Kennedy and the strength of his Make America Healthy Again agenda ahead of the midterm elections. The discussions on Tuesday touched on a variety of…
Bajaj Life insurance offers benefits to meet health, wellness goals with new rider
Bajaj Life Insurance has introduced the Bajaj Life Care Plus Rider to offer living benefits across health, wellness, and fitness with life insurance policies. The Care Plus Rider aims to cater to a growing demand for holistic solutions that combine…
How Democrats Can Lose Michigan, Again
Over the past 15 years or so, Democrats have won a lot of races because the opposing party's primary voters decided to nominate right-wing ideologues (Christine O'Donnell, Todd Akin, Kari Lake) rather than normal Republicans. In all of these races…
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