N. Carolina magnate accused of scheme to skim company funds
A North Carolina business magnate has been indicted again on federal criminal charges, this time on accusations that he conspired to skim large amounts of money from his insurance companies, then lied about it to regulators to hide the scheme with two co-conspirators. A 13-count grand jury…#northcarolina #charlotte #gregelindberg #durham #lindberg #denaking #insurancedepartment #usjusticedepartment #susanestrich #christopherherwig (Source: Reuters: Health)
Source: Reuters: Health - February 24, 2023 Category: Consumer Health News Source Type: news

Humana to exit employer insurance, focus on government programs
Louisville-based Humana Inc., one of the nation’s largest health insurers, will leave the commercial insurance business over the next two years, meaning the company will no longer cover people through employer-sponsored plans, the company said Thursday. Commercial coverage accounts for a small…#louisville #humanainc #humana #medicareadvantage #brucebroussard #marktaylor #medicare #medicaid #centerwell #deutschebank (Source: Reuters: Health)
Source: Reuters: Health - February 23, 2023 Category: Consumer Health News Source Type: news

Insurer Humana lays out employer-sponsored coverage exit
The health insurer Humana will stop providing employer-sponsored commercial coverage as it focuses on bigger parts of its business, like Medicare Advantage. The insurer said Thursday it will leave the business over the next 18 to 24 months. It includes medical coverage provided through private…#humana #medicareadvantage #employer #medicare #medicaid #brucebroussard #unitedhealthcare #humanainc #louisville #kentucky (Source: Reuters: Health)
Source: Reuters: Health - February 23, 2023 Category: Consumer Health News Source Type: news

Auto dealer segment helps fuel insurer iA Financial ’s growth
The life insurance and wealth management businesses aren’t rocket science, but iA Financial, Canada’s fourth-largest life insurer, also has a unique—and profitable—auto dealer segment, which provides creditor insurance, warranties and other products for vehicle dealers. As 61-year-old iA CEO Denis…#denisricard #seaboardlife #manulife #sunlife #quebeccity #industriallife #montreal #alliancemutuallife #greatwest #sun (Source: Reuters: Health)
Source: Reuters: Health - February 23, 2023 Category: Consumer Health News Source Type: news

Pakistan ’s Free Healthcare Insurance Benefits Women, Poor
Universal Health Care priorities in Pakistan have been boosted by free healthcare insurance for the poor. Credit: Ashfaq Yusufzai/IPSBy Ashfaq YusufzaiPESHAWAR, Feb 22 2023 (IPS) A free health insurance initiative started in Pakistan has benefited poor patients, especially women who have outnumbered men in using the cashless health services under the Sehat Card Plus programme. “The initiative is in line with the ICPD25 Programme of Action, under which 4.5 million people have received free services, with 62 percent of them women. In the last three years, we have been able to cut down maternal mortality rate from 186 d...
Source: IPS Inter Press Service - Health - February 22, 2023 Category: International Medicine & Public Health Authors: Ashfaq Yusufzai Tags: Asia-Pacific Development & Aid Featured Gender Headlines Health Humanitarian Emergencies Population TerraViva United Nations Women's Health IPS UN Bureau IPS UN Bureau Report Pakistan Source Type: news

The arbitrage insurance economy that is Switzerland
In calculating premiums, insurers take into account gender, age, place of residence, car type, driving experience and nationality. Statistically, these factors influence the probability of an accident. “Insurers try to assess a driver’s risks as precisely as possible,” Sugimoto says. For this they…#sugimoto #comparis #albanians #italians #switzerland #stasi #relatedstories #4637emergentventures (Source: Reuters: Health)
Source: Reuters: Health - February 22, 2023 Category: Consumer Health News Source Type: news

PRA head tells UK insurers it is time to move on after Solvency II debate
Firms will have an idea by year-end of how regime should operate, Sam Woods tells industry delegates#samwoods (Source: Reuters: Health)
Source: Reuters: Health - February 20, 2023 Category: Consumer Health News Source Type: news

Senate Committee Puts PBMs Under the Microscope
(MedPage Today) -- Pharmacy benefit managers (PBMs) -- middlemen between pharmacies, health insurers, and drug companies -- are responsible for driving up prescription drug prices and shuttering independent pharmacies, witnesses said during... (Source: MedPage Today Public Health)
Source: MedPage Today Public Health - February 18, 2023 Category: American Health Source Type: news

Senate hearing to examine bipartisan reforms to rein in middlemen
Did you know that insurance companies use middlemen — known as pharmacy benefit managers (PBMs) — to decide what medicines people can get and what people pay out of pocket for those medicines?  (Source: The Catalyst)
Source: The Catalyst - February 16, 2023 Category: Pharmaceuticals Authors: Brian Newell Tags: Health Insurance Out-of-Pocket Costs Pharmacy Benefit Managers Source Type: news

In EU car data tussle, insurers and others brace for delays, disappointment
A broad coalition of insurers, leasing companies, car repair shops and others are calling on the European Commission to propose rules for fair access to valuable vehicle data soon, fearing further delays could see the initiative shelved after European Parliament elections in 2024. Companies in…#europeancommission #europeanparliament #dataact #timalbertsen #ald #ursulavonder #leyen #commission #acea #oncesocietegenerale (Source: Reuters: Health)
Source: Reuters: Health - February 16, 2023 Category: Consumer Health News Source Type: news

How to Best Treat Underserved IBD Patients
The incidence of inflammatory bowel disease (IBD) has risen significantly in recent decades, and some racial and ethnic minority groups have borne the brunt of that increase. Between 1970 and 2010, the incidence of IBD rose by 39% among white Americans. However, during that same period, the incidence of IBD among non-white Americans jumped by 134%. That’s according to a 2019 population-based cohort study in Therapeutic Advances in Gastroenterology. There are multiple causes of ulcerative colitis and Crohn’s disease, the two primary medical conditions that comprise IBD. Genetic vulnerabilities, antibiotic overus...
Source: TIME: Health - February 15, 2023 Category: Consumer Health News Authors: Markham Heid Tags: Uncategorized Gut health healthscienceclimate Source Type: news

Rwanda: Fire Insurance Drops 17 Percent As Covid-19 Takes Its Toll
[New Times] The state of fire insurance performance for the period 2019 - 2021 from the Rwanda Insurers Association (ASSAR) indicates that assets insured against fire stood at over Rwf5.2 trillion by the end of 2021. Data from last year, 2022, are yet to be released. (Source: AllAfrica News: Health and Medicine)
Source: AllAfrica News: Health and Medicine - February 15, 2023 Category: African Health Source Type: news

Insurance Department fines Highmark after ACA review
Part of an ACA-related review of Pennsylvania's largest health insurers. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - February 13, 2023 Category: American Health Authors: Paul J. Gough Source Type: news

As Cigna Adds More Services, Insurer Adjusts Brands To Reflect Benefits And ‘Evernorth Health Services’
Cigna now has three brands: The Cigna Group holding company; Cigna Healthcare, the health benefits provider; and Evernorth Health Services, the pharmacy, care and benefits provider. (Source: Forbes.com Healthcare News)
Source: Forbes.com Healthcare News - February 13, 2023 Category: Pharmaceuticals Authors: Bruce Japsen, Senior Contributor Tags: Healthcare /healthcare Innovation /innovation Enterprise Tech /enterprise-tech business pharma Source Type: news

India's largest insurer LIC says it may review stake in Adani after management meeting
India's largest insurer says it "might" review its stake in the embattled Adani Group after meeting with the management. Life Insurance Corporation Chairman M.R. Kumar told CNBC in an exclusive interview that the state insurer plans to have a discussion with the Adani management soon to get a…#adanigroup #mrkumar #adani #kumar #tanvirgill #mumbai #lic #hindenburg #adanienterprises #adaniports (Source: Reuters: Health)
Source: Reuters: Health - February 13, 2023 Category: Consumer Health News Source Type: news