Medical debt is a pervasive issue in the United States, affecting millions of Americans each year. Despite having health insurance, many people still find themselves facing unexpected medical bills that can lead to significant financial stress. According to a recent survey by the Commonwealth Fund, nearly half of insured working-age Americans received a medical bill or charge that should have been covered by their insurance. This article aims to shed light on the realities of medical debt, highlight key statistics, share personal stories, and offer practical advice for those grappling…
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Mercy Health and Anthem strike health insurance deal
The companies have come to an agreement that will keep the care provider in the insurer’s network. Mercy Health has announced that it will remain in Anthem’s health insurance network now that the companies have arrived at a deal. This means that the insurer’s members will be able to seek care through that healthcare system. The Catholic healthcare system in Ohio and Kentucky will be available to Anthem health insurance members on the Medicaid, Medicare Advantage and employer-based coverage plans. According to the new agreement, this will extend through to…
Read MoreTrue Captive Insurance Selects Gradient AI to Provide Deeper Insights, Cost Efficiency for Healthcare Insurance
Solution Reduces Costs, Enhances Risk Management, Improves Member Experience Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry announced today that True Captive Insurance, a provider of innovative healthcare solutions for employers of all sizes, has selected its SAIL™ solution to help reduce group healthcare insurance costs while maintaining a high standard of care for member companies. Driven by the desire to have more control over company insurance plans, health insurance captives, like True Captive, have recently gained in popularity and are experiencing tremendous growth.…
Read MoreHere’s What the Best Medical Insurance Companies in India Have in Common
In today’s world of skyrocketing medical costs, a health insurance plan known as ‘Mediclaim’ has become unavoidable. If you don’t have one, you could find yourself paying a lot of money out of your own savings. Even as it increasingly pays for basic care, health insurance continues to serve the purpose of dispersing risk. Understanding the significance of health insurance for your family is only the beginning. Today, there are a wide range of health insurance plans available in the market, however, it is important to choose the right one…
Read MoreHealth insurance plan coverage for 5 million Californians at risk
Legal experts indicate that the ACA is likely to survive but a ruling may not occur until spring 2021. If the US Supreme Court decides to overturn the Affordable Care Act (ACA), health insurance plan coverage among Californians could face the biggest risk in the country. Millions of people across the state rely on billions in federal funds to afford their policies. The state has implemented a spectrum of forms of health insurance plan coverage and programs since Obamacare went into place. These include initiatives that expand well beyond the…
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