News tagged with insurance companies
Related topics: insurance
Insurance
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.
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Private insurers' Medicare Advantage plans cost Medicare an extra $34.1 billion in 2012
A study published online today finds that the private insurance companies that participate in Medicare under the Medicare Advantage program and its predecessors have cost the publicly funded program for the elderly and disabled ...
Health
May 10, 2013 |
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Hospital bills can vary widely, even in same cities (Update)
(HealthDay)—The fees that hospitals charge consumers or insurance providers for services vary widely across the United States, and can even vary within geographic regions and cities, federal officials reported ...
Health
May 08, 2013 |
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Insurance redesign beneficial in ensuring that children receive obesity services
The rise in childhood obesity and associated health conditions have become a significant concern in the United States. An initiative by the Alliance for a Healthier Generation, which fights childhood obesity, ...
Health
May 03, 2013 |
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One million hours of psychiatrist time wasted yearly on phone approval for hospitalization
A study published today in Annals of Emergency Medicine reports lengthy waits for severely ill psychiatric patients in need of immediate hospitalization in the Boston area, due in part to time-consuming prior authorizations requir ...
Health
Apr 23, 2013 |
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