Author: Scott Welch
Operational changes made during the pandemic often carried a steep price. Data breaches now cost companies a record $4.24 million per incident on average, according to a global survey by IBM Security. Businesses were forced to quickly adapt their technological approaches last year, with many companies encouraging or requiring employees to work from home and ...
UnitedHealth Group was again the most profitable insurer in a quarter filled with companies warning that the pandemic is likely to remain a significant headwind through the end of 2021, especially as the delta variant spreads. UHG brought in $4.3 billion in profit in the second quarter on $71.3 billion in revenue. CVS Health was ...
Nevada Gov. Steve Sisolak imposed a new mandate Tuesday that requires everyone, vaccinated or not, to wear masks indoors in public places in counties with high rates of COVID-19 transmission, including Clark County.
Aetna and CVS Health (NYSE: CVS) will enter the individual insurance exchange market in Nevada (specifically in select counties in the Las Vegas and Reno markets) with their first Aetna CVS Health hybrid-branded insurance product, providing access to health care for more Nevadans.
Nevada consumers shopping for health insurance compliant with the Affordable Care Act can get their first look at the proposed rate changes for 2022 and give the state some feedback.
COVID adults have received at least one dose of the vaccine — leaving roughly a third of the population unvaccinated.
The Word & Brown Companies (Word & Brown Insurance Administrators, Inc. and CHOICE Administrators Insurance Services, Inc.) today announced that it has again earned Certified status for information security by HITRUST. Word & Brown and CHOICE Administrators first earned HITRUST CSF Certification in 2018. HITRUST CSF Certified™ status demonstrates that certain systems used by Word ...
Drug utilization management such as prior authorization and stricter formularies cost the healthcare industry $93 billion annually, with patients bearing the largest share of the cost, a new study found. The study, published Monday in the journal Health Affairs, found that intense use of drug utilization measures has led to patients spending $35.8 billion a year in ...
Consumer out-of-pocket spending on healthcare is set to hit an estimated $491.6 billion, or about $1,650 per person, in the U.S., according to a recent report. The number is a roughly 10% increase over last year’s total and is expected to maintain a continual annual growth rate of 9.9% for the next five years, according ...
September 30, 2021, marks the conclusion of the COBRA Subsidy Period, which was introduced by the American Rescue Plan (ARP) Act in March 2021. As we approach the looming expiration date, employers (or health insurance carriers, if the employer is subject to Cal-COBRA) must send one final notice to Assistance Eligible Individuals (AEIs) announcing the ...