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CA doctors say state health plans made $4.3B in profits
In a study sure to raise the stakes in its battle to regulate HMO spending, the California Medical Association has released a study concluding that California health plans generated $4.3 billion in Read more...
ALSO NOTED: Health plans vow premium, reimbursement crackdown; Diabetes drug spending takes lead position; and much more...
> Hoping to calm nervous investors, health plans are promising Wall Street types that they're going to hike premiums and ratchet down payments to providers. Good luck, guys. Read more...
Cigna first-quarter profits drop 80 percent
Uh oh--this can't be good. A multitude of insurers have have posted rather disappointing financial results, including UnitedHealth Group, Humana, Health Net and WellPoint--and now another big Read more...
Congress passes bill banning genetic discrimination
In a landmark action, Congress has approved a bill banning genetic discrimination. The bill, the Genetic Information Nondiscrimination Act, forbids employers and insurance companies from using Read more...
ALSO NOTED: Provider bad debt expected to rise; Three-quarters of states developing health info exchanges; and much more...
> Analysts are predicting that with health plan profits shrinking, premiums will rise, consumers will be expected to carry more of the bill, and providers' bad debt will rise. Read more...
UnitedHealth suffers financial setback
After years of allegations that management engaged in financial manipulations to feather their own nest, some might see this as a bit of karma. Having already missed its first quarter financial Read more...
ALSO NOTED: Minn. health plans lose money; ASCs struggle with EMRs; and much more...
> Minnesota health plans lost money last year, which suggests that premiums will rise faster in coming years. Article > A Read more...
Lawsuits, insurance costs stymie ob-gyns
Would you want your baby to be delivered by a complete stranger? According to an article in the Times-Picayune, that scenario is becoming a reality more quickly than you'd think. The threat of Read more...
Patients cut costs with faith-based health plans
Increasingly, consumer premiums are going up, along with deductibles. In an effort to fight this trend, some consumers are enrolling in faith-based alternatives to health insurance, under which Read more...
ALSO NOTED: WA gives health plan premium controls to commissioner; Egyptian doctors consider strike; and much more...
> Washington's insurance commissioner will now get to decide whether health plans can raise their premiums. Article > Read more...
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