medical costs

Humana joins UnitedHealth in flagging cost hit from rising surgeries – ET HealthWorld

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[ad_1] New Delhi: Humana Inc on Friday joined larger health insurer UnitedHealth in warning of a jump in medical costs this year due to higher-than-expected demand for surgeries and other medical procedures. Health insurers are seeing a rise in payouts as staffing shortages ease at hospitals and older adults covered under Medicare catch up on … Read more

UnitedHealth falls on warning of higher medical costs – ET HealthWorld

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[ad_1] Bengaluru: Shares of UnitedHealth Group fell 4 per cent before the bell on Wednesday after the health insurer warned of a spike in medical costs in the second quarter as more older adults undergo non-urgent procedures they had delayed during the pandemic. The company, at a Goldman Sachs healthcare conference, said it was seeing … Read more

UnitedHealth falls on warning of higher medical costs – ET HealthWorld

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[ad_1] Bengaluru: Shares of UnitedHealth Group fell 4 per cent before the bell on Wednesday after the health insurer warned of a spike in medical costs in the second quarter as more older adults undergo non-urgent procedures they had delayed during the pandemic. The company, at a Goldman Sachs healthcare conference, said it was seeing … Read more

Cigna lifts profit view after lower medical costs drive Q1 beat – ET HealthWorld

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[ad_1] Bengaluru: Cigna Group on Friday raised its annual profit forecast after strong growth and lower medical costs at the company’s health insurance business helped it beat estimates in the first quarter. One of the oldest health insurers in the US, Cigna saw its medical cost ratio – or spending on claims as a percentage … Read more

Cigna lifts profit view after lower medical costs drive Q1 beat – ET HealthWorld

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[ad_1] Bengaluru: Cigna Group on Friday raised its annual profit forecast after strong growth and lower medical costs at the company’s health insurance business helped it beat estimates in the first quarter. One of the oldest health insurers in the US, Cigna saw its medical cost ratio – or spending on claims as a percentage … Read more

Humana raises 2023 profit view on government insurance strength – ET HealthWorld

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[ad_1] Bengaluru: Humana Inc raised its annual adjusted profit forecast on Wednesday after lower medical costs in the firm’s government-backed health insurance business helped it beat profit estimates in the first quarter. The company’s rosy outlook contrasts uncertainty around 2024 earnings for health insurers staring at the end of COVID-related insurance protection measures and potentially … Read more