Dive Brief: A fourth of adults with employer-sponsored plans are underinsured, according to Commonwealth Fund’s latest biennial report assessing the health insurance landscape. Underinsurance is a potential signal that some adults may be unable to pay their medical bills, posing possible problems for providers and hospitals who prize patients with commercial coverage. Nearly half (43.4%)… Read More »
Dive Brief: Most short-term plans fail to provide basic healthcare benefits and many bar enrollees from obtaining coverage altogether, according to a new analysis from The Commonwealth Fund. For example, 100% of the plans in the five studied states — Texas, Oklahoma, West Virginia, Alabama and Utah — denied enrollment based on an applicant’s existing health condition… Read More »
The coronavirus pandemic occasioned the Great Lockdown for people to shelter-at-home, tele-work if possible, and shut down large parts of the U.S. economy considered “non-essential.” As health insurance for working-age people is tied to employment, COVID-19 led to disproportionate loss of health plan coverage especially among people earning lower incomes, as well as non-white workers,… Read More »
The establishment of the Richard L. Senff Memorial Pharmacy Scholarship Fund at Ohio Northern University will continue the Senff family’s legacy of service to Wayne County and their alma mater. The scholarship fund is named in honor of the late Richard L. Senff of Wooster, Ohio, who passed away in March 2016. Both Richard, who… Read More »
Tilray popped 24 percent Friday after its largest shareholder, a private equity fund backed by Peter Thiel, said it will not sell any of its remaining stake following the expiration of the marijuana grower’s IPO lockup period next week.
Donors have pledged an additional US$ 15.3 million to support quick action by the World Health Organization to tackle disease outbreaks and humanitarian health crises through its emergency response fund in 2018, the Contingency Fund for Emergencies (CFE). Canada, Denmark, Estonia, Germany, the Republic of Korea, Kuwait, Luxembourg, Malta, Netherlands, Norway, and the United Kingdom… Read More »
Universal Health Services grew its third-quarter profit by nearly 22% year-over-year, the investor-owned hospital chain announced Thursday. The King of Prussia, Pa.-based company reported $ 171.7 million in net income during the quarter, up from $ 141.2 million during the same period in 2017. Net revenue rose by 4.2% to $ 2.65 billion, compared with… Read More »