Category: medical costs

Patient on $50,000-a-Week Cancer Drug Fears Leaving Behind Huge Medical Debt

March 3, 2023
medical costs
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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…

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‘Calm Before the Storm,’ Says Kaiser CEO, as ‘Increases Are Imminent’ for Health Insurance Premiums

October 31, 2022
Business & MarketseconomyHealth & Safetyhealth insurancehigh inflationinflationinsurance premiumsLifestylemedical costsSocial IssuesUSUS Features
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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…

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Anthem Lifts 2021 Earnings View After 3rd Quarter Beat

October 21, 2021
AnthemBusiness & EconomyCompaniesCOVID-19Marketsmedical costsUnitedHealth GroupWall Street
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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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