Health Exit Will Drive Greater Strategic Focus and Improved Capital Utilization
Company Announces Second Quarter 2023 Earnings Call
CAMBRIDGE, Mass., July 06, 2023 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will exit its health insurance vertical, beginning June 30, 2023. The health insurance vertical includes EverQuote’s marketplace and direct to consumer agency (DTCA) serving the Medicare and “Under 65” health insurance market, and represented approximately 10% of the Company’s revenue in fiscal year 2022.
“We are making the strategic decision to exit an area that requires significant capital investment and scale…
individual health insurance
What is an Irrevocable Trust?
A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future.
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One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in stone.
A…
Three Ways Health Plans Can Raise The Bar On Health Equity
Troy Jelinek, PhD, MHA Chief Commercial Officer at Icario.
getty
Effective communication builds stronger relationships, and that’s no different when it comes to health insurance plans and their members. Thoughtful and proactive engagement has always been a reliable way to get members to take action on their health and help close gaps in health equity, but it’s now a “must-have” instead of a “nice-to-have.”
It’s clear that health equity has become a higher priority in recent years. For example, the National Committee for Quality Assurance introduced new quality measures, including the Social Need Screening and Intervention measure. These measures encourage…
Does health insurance cover skin cancer screening? Dr. Mallika Marshall answers your questions
Does health insurance cover skin cancer screening?
Does health insurance cover skin cancer screening?
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BOSTON-Dr. Mallika Marshall is answering your medical questions. If you have a question, email her or message her on Facebook or Twitter.
Christine asks, “Is skin cancer screening covered under health insurance? I have light skin and want to protect myself from skin cancer.”
Most insurance companies do cover skin cancer screenings as part of your annual wellness visit but if you’re not sure, call and ask. Even better, ask if they will cover a skin exam by a dermatologist.
All adults should see a…
The high cost of giving birth even with insurance
Qthe burden of high health care costs and medical debt in the US is no secret. Medical debt affects one in five adults in the US, with an average burden of more than $20,000 for each medical debtor. As primary care physicians, we frequently witness the effects of these financial burdens, particularly for our older or sicker patients with expensive medical conditions.
However, new research we published recently in the Journal of General Internal Medicine shows that medical debt is also common in a younger and healthier population: women who have just had a baby.
In a sample of more…
How Do I Update My Compliance Risk Assessment?
Compliance Risk Assessments are critically important in healthcare practices. When used correctly, they can save entities from fines, problems and consequences.
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While almost everyone is familiar with a HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment.
A Compliance Risk Assessment is a process for healthcare entities to determine what risks exist, evaluate potential risks and focus resources to address the most significant risks.
Compliance Risk Assessments…
PacificSource Health Plans Elevates Member Communications
PacificSource Health Plans Elevates Member Communications with Quadient
Multistate US health insurer partners with Quadient to enhance the customer experience for its more than 600,000 members
Paris, June 8, 2023
Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces that PacificSource Health Plans have implemented Quadient Inspire to reduce manual processes and IT resources required for developing and maintaining renewals, member plan materials and related communications. With Quadient Inspire, PacificSource plans to reduce costs and increase efficiency through automation, increasing the speed of creating and managing thousands of blocks and…
How Can You Protect Your Children?
Many of our estate planning clients have children and want to protect their children.
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While concerns vary, protecting children is a huge part of estate planning.
When parents have minor children, estate planning is essential. It allows parents to pick guardians for their children. This will ensure that they have peace of mind knowing who will care for their minor children.
This will also prevent court fights over guardianship.
Parents with…