I’m newly self-employed. Should I open a health savings account?

With healthcare costing so much, and more every year, you should know about tax-smart health savings accounts (HSAs), especially if you’ve recently become self-employed. Here’s the story. If you’re self-employed, opening up an HSA involves taking more responsibility for your own healthcare costs instead of relying on the government. The good news: HSAs offer some … Read more

Focus is to increase health book faster: ICICI Lombard Gen Insurance CEO

Being a predominantly motor insurance-driven company, ICICI Lombard is now looking to grow its health business to capitalize on the opportunity provided by the pandemic. Bhargav Dasgupta, managing director & chief executive officer, ICICI Lombard General Insurance, in an interview with Subrata Panda, spoke about the company’s plan in the health, motor and safety … Read more

Now bite-sized combo offer on insurance, too

In order to increase insurance penetration and expand the protection quotient, a panel appointed by the insurance regulator has suggested around 14 ‘micro combi’ insurance products. The products would be a combination of covers offered on a modular basis including life, non-life and health products. One can select a combination of any products, but compulsively … Read more

Ludhiana | Insurance company directed to reimburse ₹2 lakh medical claim

For its failure to reimburse a medical claim of ₹2 lakh to a patient, District Consumer Disputes Redressal Commission on Sunday directed Reliance General Insurance Company Ltd to release the claim and pay ₹7,000 compensation to the complainant. Mohit Sharma of Ludhiana had submitted a complaint against the branch manager of opposite party (OP), Reliance … Read more

Colorado man concerned about cost of telehealth bill

PARKER, Colo. — A Parker man who has health insurance was shocked recently when he opened a bill received from his doctor for a telehealth consultation. Dustin Stewart had scheduled an in-person doctor’s appointment to meet his new primary care physician and review his medical history. Just before the appointment, Stewart was exposed to COVID-19, … Read more

WakeMed, UnitedHealthcare disagree over insurance contract

An ambulance arrives at the Emergency Room at WakeMed off of New Bern Avenue in 2013. Chuck Liddy cliddy@newsobserver.com RALEIGH A dispute between WakeMed and one of the country’s largest health insurers could affect the insurance coverage for thousands of people in the Triangle. WakeMed and UnitedHealthcare have until June 1 to agree on a … Read more

Medicare Pays Women in Ophthalmology Half What it Pays Men

Medicare pays female ophthalmologists only half of what it pays men, according to data analysts. The disparity in median annual reimbursement doesn’t appear to be changing, even as more women enter the profession, said Omar Halawa, a medical student at Harvard Medical School in Boston, Massachusetts, who helped crunch Medicare’s publicly available numbers. About $80,000 … Read more

In EU Russian oil ban, the bread is in the fine print – POLITICO

Press play to listen to this article The fine print often conceals the sting — and that’s the case with the European Union’s plan for oil sanctions announced on Wednesday. The headline was provided by Commission President Ursula von der Leyen, who declared that the bloc would end its reliance on Russian oil imports over … Read more

5 things to know about the EU’s health data space – POLITICO

The European Commission on Tuesday presented its much-anticipated health data space, aiming to dramatically reshape access to medical data and its use in research and policy. The legislative proposal won’t only change how patients, doctors, researchers and policymakers access and use health data; it’s also hoped the plan will lead to billions in economic gains. … Read more

Still Doing Business in Russia? Good Luck Renewing Your Insurance

The Port of Vladivostok, Russia, March 5. Photo: Yuri Smityuk/TASS/Zuma Press More than 750 Western companies have left Russia since it invaded Ukraine. Some had no choice because their sectors fall under Western sanctions. Others have left voluntarily and been hailed for standing for democracy. Their departure may have another, less lofty reason: Russia is … Read more