By Bob Cummings, Gobal Head of Insurance Business Unit, SAP Customer experience is the new industry standard – and the competitive edge – for insurance companies. They must cater to tech-savvy, mobile consumers who expect superior personalized service. The Internet of Things (IoT) offers practical and simple solutions that can help insurers deliver [...]
Persistent low growth combined with low interest rates are constricting the traditional sources of revenue for the insurance industry, creating an urgent need to seek out new sources of revenue and accelerate innovation.The industry is threatened by disintermediation and needs new, digital business models that leverage existing brands and customer [...]
Health insurers on many state exchanges are requesting the right to increase premiums by upwards of 50%.
When drugs cost $1,000 a pill or $25,000 for a year of injections, insurers and employers want to make sure these prescriptions are being taken at the right place and at the right time and have the right outcome for the patient. After all, trends in insurance payment from private insurers [...]
ABC 20/20 goes undercover to watch private investigators as they gather evidence against people faking injuries in order to receive worker’s compensation. The two pi’s featured in this episode are Bari Kroll and Bob Kiehn. Tonight viewers...Show More Summary
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Billable procedure codes are the difference between a provider making a good living and the provider making a really good living. Every fee for service claim that is submitted to an insurer (private, public, government) has to have a few key pieces of information on it. The claim must have who the service was performed [Read more...] This space reserved for your ad.
I’m a sucker for bookstore pieces, and Batya Ungar-Sargon wrote a good one for the Forward that begins: On a nondescript street of brick row houses, nestled between an insurance office and a computer store, in an out of the way corner of Brooklyn known as Marine Park that is not on any subway lines, […]
King v. Burwell, in other words, threatens the individual health insurance markets in about three dozen states. The Senate Republican's proposed response to King, however, is to blow up the individual health insurance market in all 50 states. The post Everything You Need To Know About The Republican Party’s Health Plan, In One Picture appeared first on ThinkProgress.
New Yorkers who need a new liver will languish on the transplant list longer than someone in Florida or New Jersey. And if they lack health insurance that covers transplants in a different state, New... To view the full story, click the title link.
For CareFirst BlueCross BlueShield, the road to hell was paved with good intentions. Recently, while making cybersecurity upgrades, the company discovered that it had actually already been breached—in June 2014. 1.1 million current and former customers were affected by the hack, and CareFirst has 3.4 million current customers. Show More Summary
There’s no disputing that health care is costly. A huge proportion of Americans who go each year to see doctors may receive life-saving treatment but leave hemorrhaging money. This is the case even for many patients who have health insurance. A...Show More Summary
The Connecticut Supreme Court ruled that IBM was not entitled to insurance for magnetic tapes that fell off a truck since there was “no evidence that anyone ever accessed the information on the tapes or that their loss caused injury to any IBM employee.”
Insurance companies are charging up to 25 times more for abortion than they need to, according to Alliance Defending Freedom's Casey Mattox.
An Obamacare-hating South Carolina conservative may yet find his efforts to save his eyesight foiled again by the Republicans he has supported. Luis Lang – a self-employed handyman who has never purchased health insurance and neglected to sign up on an insurance exchange as mandated by the...
A new Kaiser poll gives us an in-depth look at what people think about health insurance plans purchased through an Obamacare exchange. Some of the results are unsurprising: people like plans with low deductibles; most say it was easy to shop for a plan; and most were pretty satisfied with the plans they purchased. Show More Summary
Aetna, one of the largest insurance companies in Missouri, agreed to pay $4.5 million in fines for violations of state law that include paying for elective abortions and failing to cover certain autism benefits. Image: Katherine Welles / Shutterstock.com The post Missouri Fines Aetna for Not Charging Women Enough for Abortions appeared first on RH Reality Check.
Republicans have always had a problem where rhetoric meets reality on the Affordable Care Act. In the abstract, the law has never been overwhelmingly popular, but many of the things the law actually does — like preventing insurance companies from denying coverage because of pre-existing conditions — are extremely popular. And so, if Republicans actually […]
At the age of 36 and looking at the balance sheets, it was clear I needed to do a few things to protect my long term financial future and that of my family. So, I called up my bank, a bank who only has as customers those who served and their family members. Show More Summary
Since many people only learned of their tax penalty for not getting health insurance in 2014 when they were doing their taxes this year, and because Obamacare is so confusing in general, the federal government authorized a special extended...Show More Summary