Eli Lilly is slashing prices for its insulin products and capping a patient’s monthly out-of-pocket costs at $35. But a financial analyst notes that the company can afford to cut prices on older medicines like insulin because the strategy will help it maintain pricing power for innovative new drugs.
A Michigan Medicine study found that rural residents had higher rates of uninsurance before, during and after pregnancy than urban residents. There were also significant disparities among Hispanic and Indigenous populations, the study found.
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This is a reversal from several years ago, when more Medicare Advantage beneficiaries switched to traditional Medicare, a recent report found. Medicare Advantage has grown in popularity over the last several years.
About 31% of women ages 18 to 64 with health coverage said that in the last year, they or a family member received care that their health plan did not cover at all or paid less than expected. In comparison, 26% of men said this, according to a KFF survey.
UnitedHealthcare has recently introduced a set of three travel protection plans called SafeTrip, which offer healthcare insurance and trip cancellation coverage for Americans.
Nearly 90% of Americans prefer to receive their health coverage through an employer versus other means, according to a new survey. Quality, affordability and convenience are the key reasons for why Americans favor employer-sponsored insurance.
Patient expectations continue to evolve, and healthcare practices that fail to adapt risk more than just revenue—they risk losing trust.
Of people who were found inadequately insured, 9% were uninsured, 11% had a period without coverage over the past year and 23% had coverage all year but were underinsured, the Commonwealth Fund report showed.
The increases in enrollment are likely because of changes in the economy, policy changes like Medicaid expansion in the Affordable Care Act and the temporary continuous enrollment requirement from the Family First Coronavirus Response Act, the report said.
Insurers that didn’t meet medical loss ratio requirements have paid out a total of $2 billion in rebates to nearly 10 million people, split between people who received their insurance through individual market plans and group plans.
After UnitedHealthcare and Aetna announced plans to launch virtual primary care plans, Cigna is rolling out its own with select employers. It’s also offering a broader suite of telehealth services to everyone enrolled in employer-sponsored plans.
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Healthcare consumers are increasingly turning to the internet to research their care options, and provider and payer websites are among their top choices for information, according to a new survey of 1,000 U.S. adults. Over half of the respondents said they would use a provider or payer website to search for a new doctor.
CMS will provide $80 million to 60 organizations that train ACA navigators — who help consumers find coverage on the federally funded marketplaces — in the 2022 plan year, up from 30 organizations that received $10 million this year.
The plans, which will be offered by Aetna, are based on Teladoc’s physician care team model, and also includes providers through Aetna’s network and CVS Health services.
Assured Allies, a startup that works with insurance companies to design services to help seniors age in place, recently raised $18.3 million in funding.
IdeaCrew provides a state-based exchange technology solution that aims to make it easier for people to sign up for and retain healthcare coverage. The company works with states that are not using the federal marketplace platform and helps them provide a cost-effective, streamlined exchange to their residents.