Reform for private health insurance necessary

In the wake of private health insurance premium increases and booming profits for insurers, the AMA is calling for a new independent body to oversee the sector to ensure patients get value for money. AMA President Professor Steve Robson released the AMA’s private health budget submission on Tuesday, which calls for a Private Health System Authority to ensure appropriate oversight of the sector. “We need an independent body that has the capacity, objectivity, and expertise to ensure the system is fair for patients and balances everyone’s interests,” Professor Robson said. The submission calls for a mandatory minimum payout with 90…

Top Health Insurance Statistics Of 2024 – Forbes Advisor INDIA

Do we really care about our health insurance coverage until something unfortunate happens to us or anyone in our family? Do we really acknowledge the importance of a health insurance policy and how it can save us against medical emergencies which could otherwise drain all our finances?    Forbes Advisor India has collated most up-to-date statistics and facts on health insurance in India which reveals a lot about this $12.86 billion industry.[i] Overview: The Healthcare System in India Healthcare is one of the largest sectors of the Indian economy, in terms of both generation of revenue and employment. The overall healthcare…

Obamacare health insurance signups hit record numbers in 2023 : Shots

Secretary Xavier Becerra, US Department of Health and Human Services. Becerra announced Wednesday his agency is seeing record enrollment numbers for Affordable Care Act health plans. Arturo Holmes/Getty Images for National Urban League hide caption toggle caption Arturo Holmes/Getty Images for National Urban League Secretary Xavier Becerra, US Department of Health and Human Services. Becerra announced Wednesday his agency is seeing record enrollment numbers for Affordable Care Act health plans. Arturo Holmes/Getty Images for National Urban League The Affordable Care Act health insurance marketplaces appear set to break a record for the number of Americans enrolled, for the third year…