Reinsurance: Dying... or in a Golden Age? Catastrophes have put pressure on the industry, but focusing on recent results is to overlook fundamental changes in the nature of risk in the 21st century that could benefit the world’s major reinsurers, with opportunities unlike any seen before in the modern history
As Trump Pushes Medicaid Testing, the Grading Falls Short The Trump administration is hoping to transform Medicaid by allowing states to test work requirements, premiums and other conservative policies, but a new government report says federal and state officials do not properly evaluate whether such experiments improve patient care or
Minnesota Finds a Way to Slow Soaring Health Premiums MINNEAPOLIS - Last fall, as consumers in Minnesota were facing health insurance rate increases of 50 percent or more, Gov. Mark Dayton, a Democrat, said the Affordable Care Act was "no longer affordable to increasing numbers of people." The state's top
Link Between Rising Generic Drug Prices and Market Competition Levels There is an association between the rising generic drug prices and the changing levels of market competition, according to a study published in Annals of Internal Medicine. Many patients utilize and rely on generic drugs for their medication needs, but
Natural Disasters and Catastrophes: Why Property and Casualty Reinsurance Makes Sense This week, Cyclone Debbie ripped its way through eastern Australia. It tore up the Whitsunday Islands and moved through the Bowen region before moving south. A category four storm, the cyclone caused flooding, closed highways, and took down power
Reinsurance? The State of Minnesota Thinks It’s a Good Thing The healthcare market in the state of Minnesota has been on a roller coaster lately. Premiums in the state have skyrocketed – in some cases, shooting up by as much as 59 percent. This has caused customers to dig even
Carve-Out Insurance: A Safety Net for Companies and Employees In the world of insurance options, employers do work hard to balance out the risks and rewards of their coverage strategies. As they consider their choices, companies would be remiss to ignore the protection and benefits offered by carve-out insurance. How
Understanding the next wave of Medicare Enrollees Approximately 26 million baby boomers will age into Medicare through 2030. As they do, will health plans be ready to capture and retain them? Many researchers describe two groups within the Baby Boomer generation: "leading edge" and "trailing edge." Trailing-edge Boomers are the
7 Benefits of Reinsurance Buying reinsurance is one of the most important management strategies for insurance companies hoping to insulate themselves from volatility and protect their bottom line. What are the specific benefits of reinsurance? How can it be used to your company’s advantage? Let’s explore some of the ways
CMS seeks to attract more patients, docs to ACOs The CMS is trying to boost patient and provider participation in accountable care organizations by automating the process to pair patients with doctors enrolled in the care models. In the coming weeks, a Medicare beneficiary can go to a website that
