Healthcare costs are rising 18% for small-and mid-sized businesses as employers grapple with a surge in inflation and medical expenses, a Morgan Health report shows.
UnitedHealthcare, the nation’s largest health insurer, is “removing two-thirds of authorization requirements” for health plan members under age 18 by the end of the year.
The Robert Wood Johnson Foundation is launching a campaign to ‘amplify the voices and experiences of people affected by high healthcare costs.”
GLP-1 weight loss drugs like Ozempic, Zepbound and Wegovy are the biggest contributor to rising prescription spending. And that will trigger co-payments to rise.
Deductibles for Americans enrolled in Obamacare rose by more than $1,000 on average this year after the Republican-led Congress didn’t renew enhanced tax credits.
The physician shortage is real and worsening. Trusted and accessible pharmacists can help, and looking for business model to support the investment.
Alignment Healthcare is bolstering its C-suite, adding the chairman’s role to CEO John Kao’s duties while promoting executives as the provider of Medicare Advantage grows.
Health insurance companies including UnitedHealthcare, CVS Health’s Aetna and Blue Cross and Blue Shield plans are seeing lower costs. But there’s trouble ahead.
Oscar Health swung to a $679 million first quarter profit – the highest in company history – as its health plan membership jumped more than 50% and medical costs eased.
Alignment Healthcare reported net income$11 million as costs of care for older adults in its Medicare Advantage plans eased amid industry struggles with medical expenses.