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Search resuls for: "UnitedHealthcare"


11 mentions found


☆ See the 12-slide presentation that a health-insurance startup used to land $58 million after its public competitors tumbled
  + stars: | 2023-02-08 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +4 min
Angle Health wants to use tech to transform health insurance where other upstarts have failed. Angle Health raised $58 million to disrupt employer-sponsored health benefits using this pitch deck. Companies like Oscar Health, Clover Health, and Bright Health raked in investor cash on the promise that they could transform health plans with tech, and each went public in 2021 at a lofty valuation. Angle Health provided Insider with the pitch deck it used to raise $58 million in Series A funding from Portage and other investors. Here's the pitch deck Angle Health used to land a $58 million Series A.
☆ The era of health insurance disruptors is over
  + stars: | 2023-02-02 | by ( ) www.businessinsider.com   time to read: +10 min
Today, they're mostly the poster children of just how challenging it is to break into the insurance industry. Clover Health; Bright Health; Oscar Health; Olivia Reaney/Business InsiderOscar, founded in 2012, and Bright, in 2015, set out to sell health plans to people buying coverage through the Affordable Care Act marketplace. Elevance Health, the parent company of Anthem health plans, is No. Health insurance remains overly complex and mind-numbingly frustrating. Established health insurers haven't been able to stem the rise in health costs, which are mostly determined by the prices for medical care.
☆ Health insurer Elevance's strategy is coming into focus as it goes head-to-head with giants UnitedHealth and CVS
  + stars: | 2023-01-25 | by ( ) www.businessinsider.com   time to read: +4 min
Elevance Health, the major US health insurer formerly called Anthem, said Monday that it plans to acquire Blue Cross and Blue Shield of Louisiana in a rare merger between two Blue-affiliated health insurers. It's possible that if the merger goes through, the Louisiana Blue could flip to using Elevance's PBM. While competitors like UnitedHealth, CVS, and Humana are pushing deeper into delivering primary care, Elevance has focused on owning businesses that serve people with serious and chronic illnesses. Carelon's strategy has been to sell its services to both Elevance's own health plans and other Blue-affiliated insurers. Carelon brought in almost $41 billion in revenue in 2022, and 60% of that came from Elevance's own health plans, Boudreaux said Wednesday.
☆ More families facing price shocks for lifesaving children's medications
  + stars: | 2023-01-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Erika Edwards | ) www.nbcnews.com   time to read: +9 min
The problem was the Neris had switched to a new, high-deductible health insurance plan to save money. The 2010 Affordable Care Act expanded access to health insurance, so companies were faced with covering more people than ever before. But the epinephrine auto-injectors — which deliver a shot of epinephrine and are the only emergency medicine available for life-threatening allergic reactions — usually are not. But AHIP (formerly known as America’s Health Insurance Plans), a group that represents such companies, said drug manufacturers are to blame. Fight it with your health care provider, fight it with your insurance company.”“No almost never means no in health insurance,” he said.
☆ A portfolio manager beating 95% of his peers says 'there's more bad news coming' for markets — and shares 10 stocks to invest in for recession protection and long-term gains
  + stars: | 2022-12-14 | by ( Lisa Kailai Han | ) www.businessinsider.com   time to read: +6 min
He shared 10 stocks to invest in for long-term gains and protection against a recession. If his macroeconomic predictions come true, the equity market will continue allowing him to play to his strengths in the near future. He also attributed his fund's success to the performance of the auto manufacturer Tenneco, the pharmaceutical distributor McKesson, and three energy stocks — EQT, Occidental Petroleum, and Schlumberger. To hedge against a recession, Muhlenkamp is also bullish on healthcare stocks. "Broadcom, in my opinion, is doing in tech what Warren Buffett does in industrials and energy — accumulating cash cows," he said.
☆ Here's what health insurance providers are doing to lower the cost of prescription drugs
  + stars: | 2022-12-09 | by ( Sponsor Post | Created Insider Studios With Unitedhealthcare | ) www.businessinsider.com   time to read: +6 min
Americans pay up to three times more for prescription drugs than people in other countries. In the US, people pay up to three times more for prescription drugs than people in other countries, and one in four Americans who take prescription drugs have trouble affording their medications. Because of the high cost of the drug, many diabetes patients cannot afford to pay for the treatment they need. Fast Facts: In the US, people pay 3X more for prescription drugs than people in other countries. The company is eliminating out-of-pocket costs for insulin and four other commonly used prescription drugs: epinephrine, glucagon, naloxone, and albuterol.
☆ Inside the stunning unraveling of Bright Health, a health-insurance upstart that rocketed to an $11.2 billion valuation and then cratered as it grew too fast
  + stars: | 2022-12-05 | by ( ) www.businessinsider.com   time to read: +11 min
Bright Health Group grew fast. "We're just starting to realize the full potential of our differentiated model, and we're excited about the future of Bright Health Group," Bright CEO G. Mike Mikan told analysts at that investor event. Bright Health is one of a handful of upstarts trying to take on the health-insurance industry. Clover Health; Bright Health; Oscar Health; Olivia Reaney/Business InsiderBreaking into the health-insurance industry is tough. Bright moves to cut expensesAs losses mounted in 2021, Bright scrambled to raise capital.
☆ A billing expert investigated her husband's ER bill. She was able to knock thousands off the charge.
  + stars: | 2022-10-25 | by ( Bram Sable-Smith | Kaiser Health News | ) www.nbcnews.com   time to read: +9 min
She took one look at the hospital charges and decided to investigate further. “Even in our case, we waited until the second bill,” Kalsariya said. Depending on the medical procedure, Kalsariya said, a bill could contain an overwhelming number of line items that are hard to understand. Dr. Bhavin Shah was left with a $3,319 medical bill after he landed in an emergency room following a skiing accident in Wisconsin. But when a KHN reporter responded to the family’s request for help investigating Shah’s hospital bill, the couple decided to send in the form to accurately document their saga.
☆ A top 1% fund manager believes the market will plummet another 20% to 25% — and shares the 5 stocks he's investing in to outperform inflation
  + stars: | 2022-10-24 | by ( Lisa Kailai Han | ) www.businessinsider.com   time to read: +8 min
Jeff Muhlenkamp of the Muhlenkamp Fund believes stocks could fall another 20% to 25%. Muhlenkamp shared two sectors and five stocks he's investing in to beat macroeconomic headwinds. The portfolio manager's eponymous Muhlenkamp Fund (MUHLX) has beaten 99% of its peers year-to-date. Even though the S&P 500 has already cratered over 25% year-to-date, another 20% to 25% decline wouldn't surprise Muhlenkamp. Energy currently looks ridiculously cheap, with energy companies generating a lot of free cash flow, Muhlenkamp said.
☆ A new Apple update is set to launch Monday and it's bringing Fitness+ to iPhone users
  + stars: | 2022-10-23 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +3 min
Starting Monday, iPhone users can update their phone for access to Apple's workout subscription service Fitness+. The most notable feature of the company's newest update is access to Apple's Fitness+, which was previously only available to Apple Watch owners. Apple has partnered with Target, UnitedHealthcare, Mobile Health, and SilverSneakers to offer exclusive perks to Fitness+ users. The tech giant is also introducing a "Clean Energy Charging" feature that users can turn on and off in their settings, CNBC reports. Apple's September iOS 16 update introduced a new look for iPhone users' lock screens and home screens along with the ability to unsend messages and schedule emails to be sent.
☆ UnitedHealth Boosts Earnings Forecast on Rising Revenue
  + stars: | 2022-10-14 | by ( Dean Seal | ) www.wsj.com   time to read: 1 min
UnitedHealth Group Inc. again raised its profit outlook for the year after posting a 12% increase in third-quarter revenue on a growing number of members in its health-insurance network. The healthcare and insurance giant on Friday said quarterly revenue came in at $80.9 billion, with growth of 11% from its UnitedHealthcare business, which served an additional 850,000 people in the third quarter compared with last year, and 17% at Optum Health, its health-service arm.
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