Coronavirus (Covid-19) and the insurers: Big insurance companies report big profits, benefiting from the pandemic, The New York Times

Filed Under: Costs, Health plans, Patients

Coronavirus (Covid-19) and the insurers: Big insurance companies report big profits, benefiting from the pandemic, The New York Times

“The nation’s leading health insurers are experiencing an embarrassment of profits,” Reed Abelson writes over at The New York Times. “Some of the largest companies, including Anthem, Humana and UnitedHealth Group, are reporting second-quarter earnings that are double what they were a year ago. And while insurance profits are capped under the Affordable Care Act, […]

Insurers Cut Doctors’ Fees in New Plans, Wall Street Journal reports

SUMMARY: Doctors and other providers will get paid less if they stay in new exchange insurance plans, according to a report from The Wall Street Journal. “Insurers are slashing payments to medical practices in many of the plans they sell through the new health-law marketplaces—sparking worries that Americans signing up for coverage will have fewer doctors […]