Could this be the year when America starts to shift away from the employer-sponsored health insurance model?
To be sure, health care is an issue that concerns most people. Whether it is accessing care or paying for health care services, few people are free of the anxiety that comes when they or a loved one must undergo treatment for an acute life-threatening or debilitating chronic condition.
In spite of the $4 trillion spent in 2021 on health care in the United States, the highest per capita spending in the world, life expectancy in our nation continues to languish in comparison…
which health insurance company is the best?
Kaiser Permanente Acquires Geisinger Health in $5B Mega-Deal
In one of the largest healthcare deals to date, Kaiser Permanente is acquiring Pennsylvania-based Geisinger Health and investing $5 billion to fold it into a new nonprofit subsidiary called Risant Health, which is set to purchase additional medical groups in coming years.
While regulators still must review this initial acquisition, the marriage of Kaiser and Geisinger would create a behemoth with more than $100 billion in annual revenue — 95% of it coming from the Kaiser side of the equation.
Like Kaiser, Geisinger both owns hospitals — 10 of them — and operates its own health insurance program. Unlike California-based…
State alleges Health Partners illegally denied mental health coverage, says the company is cooperating
Updated: 2:00 p.m
Minnesota officials hit Bloomington-based insurance and health care company Health Partners with a consent order for allegedly violating laws related to mental health parity.
State and federal laws prohibit health insurance companies from evaluating mental health diagnoses or treatments more stringently than they do for other forms of care.
“This is one example of our commitment to enforcing mental health parity laws and making sure that Minnesotans can get access to the coverage that they’ve paid for,” said Commerce Commissioner Grace Arnold. “We want to make sure that people have fewer barriers, and this is a way…