Medicare Advantage (MA) plans serve more marginalized and disadvantaged communities than fee-for-service (FFS) plans, according to a report from research firm ATI Advisory, building on previous research that MA enrollees face unique challenges. Latino beneficiaries are most likely to enroll in MA, followed by Black and Asian beneficiaries. Of the Medicare population, 69% of Latinos…
Bright Health Group is mulling a reverse stock split after it shares dipped below the price threshold to remain listed on the New York Stock Exchange, the health insurance company announced Monday. The insurtech received a notice from the New York Stock Exchange Dec. 6 that, because its average stock price has been below $1…
Legislation to reduce racial and ethnic disparities in health insurance coverage and improve access to care have led to some progress but continue to fall short of objectives. The Affordable Care Act helped, especially in states that expanded eligibility for their Medicaid programs. However, after 2016, coverage gains stalled and slightly eroded. Combined with job and income losses stemming…
Bright Health Group is further focusing its business on delivering affordable healthcare to aging and underserved populations through its Fully Aligned Care Model. Bright HealthCare will no longer offer Individual and Family Plans after plan year 2022 and will also no longer offer Medicare Advantage products outside of California and Florida. It is a priority…
Language barriers may lead to significant inequities in health care delivery, a new report suggests. The study, published in Health Affairs, found that Spanish-speaking Americans received about one-third less care (based on spending) as compared to patients whose primary language is English. “During 2014–18 mean annual per capita expenditures were $1,463 (35 percent) lower for Hispanic adults…
Social Security statements already served as handy tools. But the changes that the Social Security Administration is rolling out will help advisors and clients even more. Advisors who have never used their clients’ Social Security statements to provide a clearer picture of how much they will get when they retire have been missing an opportunity, according to advisors and financial planners interviewed….
Despite Equal Employment Opportunity Commission guidance allowing employers to require vaccination for their workers and big moves from some trendsetting corporate leaders, legal and compliance executives generally remain uncertain when it comes to vaccine mandates. A new survey by Gartner Inc. suggests a reason. The survey found that while litigation risk was the top concern…