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A new report says that insurance companies will have to be more proactive — and pay more — to find and retain employees amid a "talent crisis" for the industry.
Low unemployment and more retirements have combined to create a highly competitive recruiting climate in the insurance industry, according to the Chicago-based Jacobson Group's 2019 Talent Trends Guide. Companies should be ready to pay more and hire quickly to avoid losing quality candidates to competitors, the report says. They should also consider non-traditional candidates or those who can't relocate but are willing to work remotely, the report says.
Wall Street Journal
The Trump administration recently proposed changes that could raise health insurance costs for millions of Americans who get coverage on the job or receive subsidies under the Affordable Care Act, a move that Republicans said is necessary to cut inflated subsidies but Democrats viewed as another GOP effort to sabotage the health law.
Joseph Daskalakis' son Oliver was born on New Year's Eve, a little over a week into the current government shutdown, and about 10 weeks before he was expected.
The prematurely born baby ended up in a specialized neonatal intensive care unit, the only one near the family's home in Lakeville, MN, that could care for him.
But Daskalakis, who works as an air traffic controller outside Minneapolis, has an additional worry: The hospital where his newborn son is being treated is not part of his current insurer's network and the partial government shutdown prevents Daskalakis from filing the paperwork necessary to switch insurers, as he would otherwise be allowed to do.
The idea of small employers joining an association to get health insurance cheaper is one step closer to becoming allowed by law.
Members of the Senate Commerce and Energy Committee listened to arguments — all in favor — before unanimously sending Senate Bill 37, which revises provisions regarding association health plans, on to the full senate.
The bill's presenter, Frank Marnell, Department of Labor and Regulation, said the bill offers another option under the federal Affordable Care Act.
On Dec. 11, 2018, the United States announced that it has elected to intervene in a False Claims Act (FCA) lawsuit filed against Sutter Health and its affiliated entity Palo Alto Medical Foundation (PAMF) alleging that the defendants defrauded the Medicare Advantage program by submitting false patient information to the government. The whistleblower, a former employee of PAMF, alleges that Sutter "has taken and continues to take hundreds of millions of dollars in inflated capitation payments" by submitting "risk adjustment data Sutter knows to be inaccurate, incomplete or false."
Minneapolis Star Tribune
Following a Medicare open-enrollment period that included the company's debut in Minnesota, UnitedHealthcare officials recently said that the health insurer expects in 2019 to add more than 400,000 Medicare Advantage enrollees across the country.
UnitedHealthcare was already the nation's largest provider of Medicare Advantage plans, a newer form of coverage where enrollees opt to receive their government benefits through a private health insurance company.
Becker's Hospital Review
CMS debuted two Medicare Advantage health plan changes that it will test under the Value-Based Insurance Design model for 2020, the agency said Jan. 18.
Here are seven things to know.
Paladina Health, a direct primary care services company based in Denver, has acquired Indiana-based Activate Healthcare, a provider offering customized services to employers and unions for preventive and primary medical care.
The collaboration creates one of the largest providers of value-based primary care across the U.S., serving more than 170,000 patients in 18 states. Financial terms of the deal were not disclosed.
Insurance Business Magazine
Ground-shaking earthquakes might topple buildings and displace communities, but they also bear some resemblance to the scale of cyber incidents witnessed in the past year that crippled networks and exposed consumer data, according to one cyber expert.
In some parts of the world, earthquakes are routine with smaller quakes occurring frequently and the larger, more devastating earthquakes spread out over longer periods of time.
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NAHU Newswire is a daily brief featuring the latest news of interest to healthcare agents and brokers, selected from thousands of sources by the editors of MultiView. NAHU personnel, in accordance with internal policies, do not approve all stories selected. Any comments regarding content of this publication should be emailed to NAHU. It should not be understood or inferred from the presence of advertisements that NAHU endorses any products or services advertised. Similarly, NAHU is not responsible for the quality of journalism reflected in the articles: it should not be understood or inferred that NAHU supports the information provided. MultiView and NAHU are not liable, for any delays or inaccuracies in the information contained in this brief, nor for any actions taken or outcomes resulting from relying on the information provided herein.
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