health insurance

Do lifestyle habits affect health insurance premiums, here’s what you need to know

The increasing expenses associated with healthcare and health insurance pose significant worries for individuals globally. For many, the financial strain of healthcare can be daunting, potentially overwhelming them. Elevated costs may further restrict access to essential care, especially for those with lower incomes and families. Such limitations can worsen pre-existing health disparities, contributing to avoidable health issues. Additionally, the financial strain related to healthcare can adversely affect mental well-being, giving rise to anxiety, depression, and other mental health challenges.

Amidst the surge in healthcare expenses, individuals must assume responsibility for their well-being and adeptly navigate the intricacies of health insurance. Emphasizing a positive and proactive perspective involves comprehending the connection between lifestyle choices and health insurance premiums. This knowledge empowers individuals to make informed decisions, ultimately benefiting both their health and financial well-being.

While some health conditions may be beyond your control, certain self-cultivated lifestyle habits can negatively

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Conduent Broadens Healthcare Payer Portfolio with New Innovative AI-Driven Provider Data Management Solution for Health Plans

Conduent Business Services, LLC

Conduent Business Services, LLC

New solution offers a single data source to keep network directories accurate and up to date in real time.

AI, automation and advanced analytics eliminate manual processes to authenticate and validate doctors’ information, reduce costs, improve compliance and provider and member satisfaction

FLORHAM PARK, N.J., May 24, 2023 (GLOBE NEWSWIRE) — Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced a new Provider Data Management (PDM) solution that brings health insurance companies a single, real-time data source to ensure the accuracy of their doctors’ directories. The PDM uses innovative AI and advanced analytics to collect, validate and communicate a doctor’s participation within a network, demographic revisions and other key data points. The company’s newest solution enables health insurance companies to improve claims auto-adjudication rates by reducing common data errors—such as incorrect addresses and speciality information—and enhances doctor and member satisfaction with

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Accused seller of ‘sham’ insurance paid for consumer refunds

A Tampa-based health insurance distributor accused by the Federal Trade Commission of misleading consumers into buying “sham” health insurance plans has filed for Chapter 11 bankruptcy protection.

Benefytt Technologies, which has offices in Fort Lauderdale and Sunrise, last year settled a Federal Trade Commission complaint that it participated in “deceptive, unfair and abusive acts” in connection with the sale and marketing of its memberships and related health products, including short-term medical plans, limited benefit plans and medical discount plans.

According to the FTC, the company targeted customers searching for insurance that complied with the Affordable Care Act. In agreeing to the settlement, Benefytt agreed to pay $100 million to refund consumers but neither admitted nor denied the allegations.

That $100 million payment, combined with $27.5 million the company paid to settle a class-action lawsuit over related allegations and $11 million paid to settle claims by the Securities and Exchange Commission,

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What’s the best health insurance for early retirees?

Although early retirement is a goal for many Americans, fewer than 1% retire before the age of 50, according to a LIMRA study published in 2015. Perhaps somewhat more realistically, a 2023 EBRI/Greenwald Research Retirement Confidence Survey found that 20% of workers say they plan to retire between the ages of 60 and 64.

Christine Simone

Christine Simone is the CEO & co-founder of Caribou, a software solution for the finance industry to include health care costs and plan optimization for financial plans.

One problem with making good on the dream of early retirement is that while Social Security allows individuals to retire — or begin drawing government retirement benefits — at age 62.5, financial advisors commonly define early retirement as any age before 65 — the year at which individuals qualify for Medicare benefits, leaving a potential gap in how to mitigate financial risks related to health care costs.

It’s a

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