After several rounds of treatment for a rare eye cancer—weekly drug infusions that could cost nearly $50,000 each—Paul Davis learned Medicare had abruptly stopped paying the bills. That left Davis, a retired physician in Findlay, Ohio, contemplating a horrific choice: risk saddling his family with huge medical debt—if he has to pay those bills from…
‘Calm Before the Storm,’ Says Kaiser CEO, as ‘Increases Are Imminent’ for Health Insurance Premiums
October 31, 2022
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Health insurance premiums, which largely remained unchanged this year compared to 2021, might rise significantly in 2023 due to inflation, according to a survey by the Kaiser Family Foundation (KFF). Annual family premiums for employer-sponsored health insurance are calculated to average $22,463 in 2022, which is just over a 1 percent increase from last year’s…
Anthem Lifts 2021 Earnings View After 3rd Quarter Beat
Anthem Inc. on Wednesday became the second major U.S. health insurer to raise its full year profit forecast, after beating third-quarter profit estimates on the back of lower-than-expected medical costs. The number two U.S. health insurer raised its outlook for the third time this year, saying it now expected 2021 adjusted profit to exceed $25.85…
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