Insurance industry

November 15, 2019 - 9:32 am
WASHINGTON (AP) — New rules from the Trump administration on Friday would require insurers and hospitals to disclose upfront the actual prices for common tests and procedures to promote competition and push down costs. The sweeping changes face stiff pushback from the health care industry and could...
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November 09, 2019 - 5:18 pm
PORTLAND, Ore. (AP) — On Dec. 14, 2018, Aaron Cole was about to buy a new house and received an email that he thought was from his title company, directing him to make a $123,000 deposit. Cole complied, not realizing that a sophisticated hacker network had likely been spying on his communications...
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FILE - In this May 30, 2019, file photo, signs advertise new products available inside a CVS store with the new HealthHUB in Spring, Texas. CVS Health reports financial results Wednesday, Nov. 6. (AP Photo/David J. Phillip, File)
November 06, 2019 - 7:01 am
CVS Health revenue surged more than 36% in the third quarter, nearly a year after acquiring one of the nation's largest health insurers. The drugstore chain and pharmacy benefit manager also said Wednesday that it filled more prescriptions as net income climbed 10% to $1.53 billion in a performance...
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FILE - In this Monday, Jan. 29, 2018 file photo, beds are set up inside a mobile emergency room outside a hospital in Georgia. According to a new study published in the journal Science on Thursday, Oct. 24, 2019, a widely used software program that helps guide care for millions of patients is flawed by unintentional racial bias. (AP Photo/David Goldman)
October 25, 2019 - 4:51 pm
A widely used software program that helps guide care for millions of patients is flawed by unintentional racial bias that leads to blacks getting passed over for special care, according to a new study. The software predicts costs rather than sickness. It is used by U.S. insurers and hospitals to...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Jim Mone, File)
October 15, 2019 - 11:50 am
UnitedHealth Group raised its 2019 forecast and detailed another better-than-expected quarter Tuesday, but shares soared after company leaders mentioned next year's growth prospects. CEO David Wichmann told analysts it would be "reasonable and prudent" for them to set initial expectations for core...
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FILE - In this Sept. 20, 2019, file photo, an American flag flutters in the breeze outside of the Sutter Medical Center in Sacramento, Calif. Opening arguments begin Thursday, Oct. 10, 2019, in the antitrust case against Sutter Health, one of California's largest hospital systems, which is facing a trial over accusations that it has used its market dominance to snuff out competition and overcharge patients for medical bills. (AP Photo/Rich Pedroncelli, File)
October 10, 2019 - 2:43 pm
SAN FRANCISCO (AP) — One of California's largest hospital systems is facing a trial over accusations that it has used its market dominance to snuff out competition and overcharge patients for medical bills. The antitrust lawsuit against Sutter Health, which operates 24 hospitals with 5,500 doctors...
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FILE - In this Sept. 23, 2019, file photo a sign is posted during a demonstration outside a General Motors facility in Langhorne, Pa. General Motors now says striking workers will get company-paid health insurance, nine days after saying coverage would be cut off. (AP Photo/Matt Rourke, File)
September 26, 2019 - 11:24 am
DETROIT (AP) — General Motors now says striking workers will get company-paid health insurance, nine days after telling the union that coverage would be cut off. The automaker said in an emailed letter to the United Auto Workers that it will keep benefits in place due to "significant confusion"...
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A passenger walks past a closed Thomas Cook office at Palma de Mallorca airport on Monday, Sept. 23, 2019. Spain's airport operator AENA says that 46 flights have been affected by the collapse of the British tour company Thomas Cook, mostly in the Spanish Balearic and Canary archipelagos. (AP Photo/Francisco Ubilla)
September 25, 2019 - 6:51 am
FRANKFURT, Germany (AP) — The German and Polish units of collapsed tour operator Thomas Cook said Wednesday they were entering bankruptcy proceedings and shutting down normal business operations in the wake of the parent company entering liquidation in Britain. Germany's Thomas Cook said it was...
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FILE - In this Monday, Jan. 28, 2019 photo, a man holds a sign at a rally before a California Public Utilities Commission meeting in San Francisco. Pacific Gas & Electric has agreed to pay $11 billion to a group of insurance companies representing most of the claims from Northern California wildfires in 2017 and 2018 as the company tries to emerge from bankruptcy, the utility announced Friday, Sept. 13, 2019.(AP Photo/Jeff Chiu, File)
September 13, 2019 - 3:53 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric has agreed to pay $11 billion to a group of insurance companies representing claimants from deadly Northern California wildfires in 2017 and 2018 as the company tries to emerge from bankruptcy, the utility announced Friday. The utility said in a...
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Signs on a bank of computers tell visitors that the machines are not working at the public library in Wilmer, Texas, Thursday, Aug. 22, 2019. Cyberattacks that recently crippled nearly two dozen Texas cities have put other local governments on guard. (AP Photo/Tony Gutierrez)
August 22, 2019 - 4:13 pm
CHICAGO (AP) — Cyberattacks that recently crippled nearly two dozen Texas cities have put other local governments on guard, offering the latest evidence that hackers can halt routine operations by locking up computers and public records and demanding steep ransoms. Government agencies that fail to...
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