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Non-life Insurance

Walgreens to Pay Humana $360 Million to Settle Drug-Pricing Dispute

Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements.Walgreens disclosed the settlement in a securities filing last week. The company said it had asked a federal court to vacate a previous award in Humana’s favor for $642 million.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 WalgreensBoots Alliance has agreed to pay $360 million to

UnitedHealth Group to Sell Operations in Brazil

UnitedHealth Group has agreed to sell its operations in Brazil to a private investor.The healthcare and insurance company disclosed Friday that it expects to close the sale in the first half of next year and record a mostly non-cash $7 billion charge as a result, largely from the impact of foreign currency translation losses.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 UnitedHealth Grouphas agreed to sell its operations in Brazil to a private investor.The

Climate Change Is Breaking Insurance. Here’s How Tech Could Save It.

If floodwaters outside a warehouse in Freeport, Texas, owned by private investment firm Postlane Partners rise to 8 inches, an internet-connected sensor will trigger an automatic $3 million payment from an insurance company, a startup called FloodFlash. If the waters rise to 16 inches, the payment will also rise—to $5 million.  This type of policy, called parametric insurance, works like a bet. It has a defined payout, which limits the liability of the insurer. And it comes from a new breed of insurance company, stepping…

Lead Cables Will Be a Dead Weight for Telecom Carriers

What to Read Next What to Read Next FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

UnitedHealth Lifts Earnings Outlook

Healthcare and insurance company UnitedHealth Group said its revenue grew 16% to $92.9 billion in the latest quarter. Healthcare and insurance company UnitedHealth Group said its revenue grew 16% to $92.9 billion in the latest quarter. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Consumers to Face New Limits on Short-Term Health Insurance

The Biden administration’s proposed rule would restrict plans to a few months in an effort to protect Obamacare. The Biden administration’s proposed rule would restrict plans to a few months in an effort to protect Obamacare. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

FDA Approves Leqembi, Extending Alzheimer's Treatment to More Patients

Medicare enrollees can get the anti-amyloid treatment as a result of the agency’s full approval. Medicare enrollees can get the anti-amyloid treatment as a result of the agency’s full approval. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

Climate Risk a Major Challenge for Insurance Industry, Treasury Says

The agency said state regulators need to build on their so-far “limited” efforts at getting the industry to address climate change-related risks. The agency said state regulators need to build on their so-far “limited” efforts at getting the industry to address climate change-related risks. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Amedisys Agrees to UnitedHealth Takeover, Scraps Option Care Health Merger

The unsolicited offer from UnitedHealth outbid a $2.8 billion deal. The unsolicited offer from UnitedHealth outbid a $2.8 billion deal. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials,…

Car Insurance Rates Are Soaring With Little Relief in Sight

Even states with consumer friendly laws, and tough powers to veto increases, are allowing rates to rise. Even states with consumer friendly laws, and tough powers to veto increases, are allowing rates to rise. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are…