Health insurance markets lack competition, AMA reports
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Health insurance markets lack competition, AMA reports

By Reading Time: 2 minutes

Large health insurance companies dominated the commercial and Medicare Advantage markets in 2021, with consolidation shrinking competition and inflating premiums, the American Medical Association reports in a study published Tuesday. Three-quarters of metropolitan areas lacked a competitive commercial health insurance market, 2% less than the year before, according to the AMA’s annual report on health

This Open Enrollment Season, Look Out for Health Insurance That Seems Too Good to Be True
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This Open Enrollment Season, Look Out for Health Insurance That Seems Too Good to Be True

By Reading Time: 6 minutes

It took nearly a year for Kelly Macauley to realize the health plan she bought while shopping for insurance coverage last October was not, in fact, insurance. Sure, red flags popped up along the way, but when she called to complain, she said, she was met with explanations that sounded reasonable enough and kept her

: ‘The calm before the storm’: Employer healthcare premiums hold steady despite inflation, but experts warn that may not last

: ‘The calm before the storm’: Employer healthcare premiums hold steady despite inflation, but experts warn that may not last

ByStaff Reporter Reading Time: 3 minutes

Employers are paying roughly the same amount for health insurance this year compared to the year before. But that could change.  Annual family premiums for employer-sponsored health insurance are averaging $22,463 in 2022, largely unchanged from the $22,221 last year. That’s according to the Employer Health Benefits survey released Thursday by KFF, a San Francisco-based

Embattled Crypto Platform Freeway’s ‘Billion-Dollar Man’ Isn’t the Insurance Titan He Claims to Be

Embattled Crypto Platform Freeway’s ‘Billion-Dollar Man’ Isn’t the Insurance Titan He Claims to Be

ByStaff Reporter Reading Time: 3 minutes

Embattled crypto staking platform Freeway appears to have a problem beyond just being forced to freeze withdrawals and its nearly worthless FWT token. Its bridge to traditional finance – Joel Krueger, which the company touted as its “billion-dollar man” – isn’t the investment executive he claims.Krueger’s LinkedIn page as well as communications from Freeway itself

Western Union may be planning to expand its digital offerings far beyond remittances

Western Union may be planning to expand its digital offerings far beyond remittances

ByStaff Reporter Reading Time: 2 minutes

Trademark applications seem to hint at an asset and commodities exchange, insurance, and Western Union’s own token as it faces increasingly diverse competition in the remittances market. 1101 Total views 35 Total shares Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the

Japan steps up push to get public buy-in to digital IDs

Japan steps up push to get public buy-in to digital IDs

By Reading Time: 4 minutes

TOKYO (AP) — Japan has stepped up its push to catch up on digitization by telling a reluctant public they have to sign up for digital IDs or possibly lose access to their public health insurance. As the naming implies, the initiative is about assigning numbers to people, similar to Social Security numbers in the

Interserve fined £4.4m after staff details accessed by hackers

Interserve fined £4.4m after staff details accessed by hackers

ByStaff Reporter Reading Time: 3 minutes

Cyber attackers accessed the bank details, national insurance numbers and special category data including ethnicity, religion, sexual orientation and health conditions of up to 113,000 Interserve workers, an investigation has found. Interserve Group – the company created after Interserve plc’s pre-pack administration – has been fined £4.4m by the Information Commissioner’s Office (ICO) for a

India’s insurance regulator has set a deadline to cover mental health

India’s insurance regulator has set a deadline to cover mental health

By Reading Time: 1 minute

India’s insurance watchdog has set Oct. 31 as the deadline for all health insurance products to make provisions for mental illness. They must comply with the provisions of the Mental Healthcare Act of 2017, without any deviation. The Act came into effect on May 5, 2018. “…all the insurance products that are in force on

Amazon Starts Online Home Insurance Store for UK Customers

Amazon Starts Online Home Insurance Store for UK Customers

ByStaff Reporter Reading Time: 1 minute

Amazon.com Inc. is moving into a new business area, offering UK consumers home and contents insurance from third-party providers.The world’s largest online retailer will initially provide shoppers with quotes from LV= General Insurance, Ageas UK and Co-op, with more insurers added in coming months, the Seattle-based company said. The rollout starts Wednesday. 

Ophthalmology Plan of Private Health Insurance Market to Witness Huge Growth by 2027 : Blue Cross, Humana, Ameritas, EyeBenefits
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Ophthalmology Plan of Private Health Insurance Market to Witness Huge Growth by 2027 : Blue Cross, Humana, Ameritas, EyeBenefits

By Reading Time: 3 minutes

NJ New Jersey, USA — (SBWIRE) — 10/18/2022 — Advance Market Analytics published a new research publication on “Ophthalmology Plan of Private Health Insurance Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by

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