Insurers Post Strong Earnings, But May Hold Back On Bragging Rights Two leading insurers reported second-quarter earnings with rising profits this week. First, on Tuesday night, Aetna said its second-quarter profits rose 42 percent, with a net income of $491 million, compared with $346.6 million for the same quarter last year, The Associated Press reports...
Hospitals Focus On Forming ACOs, Resolving Insurer DisputesNews outlets report on hospital issues, including forming accountable care organizations and disputes with insurers. Montefiore Medical Center in the Bronx "is pioneering a new model of healthcare delivery, endorsed by the architects of health reform, that promises to radically change the current fragmented system in which the family doctor may have no idea what happens during a hospital stay," U...
GOP Continues Call For Health Law Repeal; Census Releases Uninsured Data The Washington Post: New census data reveal big differences among states in the rate of uninsured people under age 65. Massachusetts has the lowest rate, 7.8 percent, and Texas the highest, 26.8 percent. "The statistics are for 2007 and show health insurance coverage by state and for each of the country's roughly 3,140 counties...
College Of GPs Welcomes New Regulations For Collaborative Care, AustraliaThe Royal Australian College of General Practitioners (RACGP) has welcomed the new regulations for collaborative care arrangements contained in the Health Insurance Amendment Regulations 2010. These changes provide further clarity regarding the nature of the collaborative care arrangements between medical practitioners, nurse practitioners and midwives...
AHIP Statement On Coverage For ChildrenAmerica's Health Insurance Plans (AHIP) President and CEO Karen Ignagni today released the following statement on the announcement by the Department of Health and Human Services to clarify that health plans may use a structured open enrollment period implementing health reform's provision eliminating pre-existing condition exclusions for children under age 19: "Today's anno...
Rite Aid Agrees To Pay $1 Million To Settle HIPAA Privacy CaseRite Aid Corporation and its 40 affiliated entities (RAC) have agreed to pay $1 million to settle potential violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy Rule, the U.S. Department of Health and Human Services (HHS) announced today...
California's Anthem Blue Cross Names New President Anthem Blue Cross of California has named former Aetna executive Pam Kehaly to head the insurer after its president resigned a week ago, Los Angeles Times reports. "Kehaly will take the helm Aug. 30. Anthem, a unit of Indianapolis-based WellPoint Inc., is California's largest for-profit health insurance company...