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How to stop the rising tide of insurance fraud

The growing trend of insurance companies ripping off people has put the U.S. insurance industry in a precarious position.As the number of people who pay out of pocket for coverage increases, the U!S.is losing more people to fraud, according to a recent report from the Insurance Information Institute (II).As the cost of insurance rises, so […]

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Insurance industry industry trends in the United States

A major change in the insurance industry is coming.The industry is expected to grow from a billion to one trillion in the next 15 years, according to a new report by insurance giant Allstate, citing industry estimates.It’s the largest single category of jobs created by the industry in the last three decades.The insurance industry has […]

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How insurance companies made billions off healthcare.com

By Nick MatsonESPN.com/AJG/Getty ImagesThe American Medical Association is not pleased with what it calls the “totally inadequate” state of health insurance coverage.The group is urging the Department of Health and Human Services to review whether or not the current federal health insurance marketplace, known as HealthCare.gov, is providing enough health coverage.It was not clear what […]

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Trump: Insurance industry’s job is to protect, not replace

The White House says President Donald Trump has no plans to fire the insurance industry’s top lobbyist.In a statement released Friday, White House press secretary Sarah Huckabee Sanders said Trump “will continue to rely on the hard-working people of the insurance and health care industries to fight for the American people.”“The president and I share […]

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When insurers start selling health insurance policies, they’re making history

Insurers say they’re selling more than 200 million health insurance plans in the United States, more than the entire global insurance market.But as they’re expanding, insurers say they need to be more transparent about the prices and benefits that their plans cover, as well as how they’re paying for them.A new study published in the […]

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When the world’s first medical device company won the right to sell its first medical implant, history was made

By Robert Stinnett, Fortune Staff WriterDecember 13, 2016, 11:18:10The medical device industry has always had a deep interest in the future.As the world becomes ever more connected, it’s natural that some of us are drawn to the latest gadgets.Today, that interest is in medical devices.But even before the implant came on the scene, the medical […]

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Insurance industry pays tribute to Mahatma Gandhi

Times of Asia article Kolkata: Life insurance company Indira Gandhi Life Insurance has released a memorial video celebrating the life of the Indian Prime Minister who led the country during World War II.The video, titled ‘A Moment of Remembrance’, features clips of Gandhi’s life, his work and his legacy.Gandhi’s family members have shared a message […]

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What to know about the opioid crisis

The opioid crisis has led to more than $1 trillion in lost wages, nearly one-third of the population with chronic health conditions and nearly a third of adults without insurance.And with the economy recovering, some economists and policymakers worry that we may be on the verge of another round of recession.And the most recent jobs […]

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Why the insurance industry needs a big data revolution

Next Big Futures, a data and analytics platform for the healthcare and insurance industry, released a new report titled “Insurance Industry: The History of Insurance”.The report is the first to look at the history of the industry from its inception through to today.The infographic is available here:Insurance industry: The history of insurers and insurance companies.“Insurance […]

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Why the insurance industry needs a big data revolution

Next Big Futures, a data and analytics platform for the healthcare and insurance industry, released a new report titled “Insurance Industry: The History of Insurance”.The report is the first to look at the history of the industry from its inception through to today.The infographic is available here:Insurance industry: The history of insurers and insurance companies.“Insurance […]

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