Tag: health insurance plans

Depending on how a few things on the horizon play out, the relationships between physicians, other health care professionals, and the insurance industry could become a bit more strained in 2023.Michael Giusti, MBAinsuranceQuotes.comFactors ranging from the end of the COVID-19 emergency, to the repercussions of the ongoing medical labor shortages, and the possible widespread consequences of a potential recession, all make it difficult to tell how the coming year is going to look when it comes to health insurance from a providers’ standpoint. Emergency’s end One way or another, President Joe Biden has announced that coming May 11,…

This article is part of HuffPost’s biweekly politics newsletter. Click here to subscribe. Today’s newsletter is about the possibility that millions of Americans could soon lose their health insurance, thanks to a pair of ongoing political developments — one you’ve probably heard about, and one you might not have. The first development has been in the news a lot this week. It’s Republicans’ determination to hold the economic hostage by refusing to let the federal government borrow enough money to pay its bills, unless President Joe Biden and those in his party agree to a number of federal spending cuts.…

(Bloomberg) — Chinese pensioners returned to the streets of Wuhan to protest changes to their medical benefits, highlighting the challenge confronting President Xi Jinping’s government following historic anti-lockdown demonstrations in November. Photos and videos taken in Wuhan on Wednesday showed a large group of people gathered under an overpass singing and chanting, despite a heavy police presence. Hundreds of people and rows of police outside the city’s Zhongshan Park were also seen in photos shared on China’s Weibo microblogging platform. Hours later, the online footage has largely disappeared, with searches for “Zhongshan Park” and “Wuhan medical insurance reform” on Weibo…

Last year, the Department of Justice (DOJ) recouped $2.2 billion in False Claims Act (FCA) settlements and judgments. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). The DOJ stressed that the FCA is one of the most important tools for ensuring public funds are spent properly. Over 77% of recovered funds were healthcare funds. What types of claims resulted in settlements and actions?COVID-19 fraud – these were related to improper use of government funds related to the pandemic…

A sport that is making many older Americans more active could be backfiring for health insurance companies, according to UBS. Pickleball is a tennis-adjacent sport that has exploded in popularity since the Covid-19 pandemic, attracting millions of new players and celebrity investors. But UBS analyst Andrew Mok said in a note to clients Monday that the sport’s growth and popularity among seniors could contribute to rising health-care spending. “After analyzing the growth in pickleball as well as the nature and frequency of related injuries, we conducted a bottom-up analysis of medical costs. In total, we estimate $250-500 mn of medical…