COVID-19
Payors haven’t offered any substantive support for providers, and only minimal support for patients, throughout the COVID-19 pandemic.
Cigna sued for refusing to cover COVID-19 testing
Life as we knew it completely changed in March, when the country began navigating the new normal of living in a pandemic. The novel coronavirus completely dominated the spring news cycle, and… Read More
What if a COVID-19 diagnosis could be used against health plan members?
If the ACA is struck down by the Supreme Court, the protection it provided for people with pre-existing conditions will no longer exist. Insurers will go back to being able to charge… Read More
As virtual doctor’s visits rise in popularity, major health insurers change the rules
Up until COVID-19 hit, utilization of virtual care was extremely low. Most people had never tried telehealth; some weren’t even aware that they could connect with doctors and nurses from their phones… Read More
Humana rides senior population to record quarterly profits
Many articles that call attention to insurers’ huge profits during the pandemic have singled out UnitedHealthcare, but United is not the only payor to see profits rise as a result of delayed… Read More
Health insurers stockpile savings while hospitals battle costly pandemic
During the COVID-19 pandemic, hospitals and health systems have fully embraced their role in responding to the public health crisis, moving mountains to offer community testing services and providing care for patients… Read More
UnitedHealth’s pandemic profit ride reveals wrongs of the system
Despite having offered what it characterizes as “extensive” financial assistance to its policyholders throughout the pandemic, UnitedHealthcare’s profits remain substantial nine months into the country’s battle with COVID-19. The Los Angeles Times… Read More
UnitedHealth’s third quarter profit declines…to $3.2B.
After posting a record $6.6B in profits for Q2—coinciding with the first wave of the COVID-19 pandemic—the industry giant saw profits drop in Q3 to $3.2B. Why? Because hospitals resumed both elective… Read More