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Plus the impact on malaria, Lyme disease and the insurance industry
...The IMF urged Hunt in January to prioritise spending on health, education and tackling climate change rather than tax cuts....
...complex nature of Britain’s healthcare system where consultants employed by the NHS can also choose to work in their spare time at private hospitals such as those run by Spire, HCA International or Circle Health...
...Nicolas Jeanmart, head of personal and general insurance at Insurance Europe, which represents EU insurers, says: “The focus of insurers has so far been less on public health but rather on damages to properties...
...The private medical insurance sector is booming, with the number of people covered by health insurance hitting 5.8mn in 2022, according to the latest industry data — the highest level since 2008....
...Aviva, one of the largest providers of health insurance in the UK, reported that its “protection and health” premium sales were up 23 per cent in the third quarter of last year compared with the same period...
...Other health insurance companies, such as Humana, have also warned of rising medical costs....
...“It requires careful pricing, enforcement of insurance rules . . . fraud control, and tying payments in some way to health outcomes,” she added....
...Spire has been expanding in complementary services and in October paid £74mn for Vita Health Group, a mental health provider....
...Some private hospitals and clinics typically partner with lenders such as Chrysalis — whose partners include Nuffield Health, Ramsay Health Care and Practice Plus Group — to offer patient payment plans....
...After a consultation with Flow Integrative, a ketamine therapy provider, the service was overseen by Enthea, a health insurance administrator that offers employers psychedelic treatment for staff....
...Private health sales rose 41 per cent in 2023, as Aviva continued to benefit from strains on public healthcare. Premiums from its general insurance division, which includes car insurance, also grew....
...Finally, if you are a UK resident you can apply for a free UK Global Health Insurance Card (GHIC) via the NHS website....
...Cara Spinks Head of Insurance Consulting, OAC, London EC2, UK...
...But it will be companies with large health insurance divisions such as UnitedHealth not traditional retailers, that will have the best shot at capturing more of that $4.5tn pie. pan.yuk@ft.com...
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...insurance scheme],” said Robert Przybelski, a geriatrician at UW Health in Madison, Wisconsin, where about 25 patients have been treated with the drug....
...CVS Health has cut its full-year earnings guidance as its insurance unit faces rising medical costs, following similar warnings from rivals Humana and UnitedHealth last month....
...“Health insurance is not my top priority.”...
...But health insurance “doesn’t do what the NHS does . . . It’s a very restrictive model.”...
...In the past month my car insurance renewal has risen by 35 per cent, house insurance by 33 per cent and private health insurance by 12 per cent....
...When an AI-powered doctor tells you that you’re just being hysterical, the AI-powered insurance company is unlikely to disagree....
Health tech businesses thrive post-pandemic even as VC funding drops. Plus: Singapore draws in start-ups; new models of corporate success in Japan; India’s EV expansion
...Non-white mothers often can’t take time off work or get childcare to go to the doctor, may not have health insurance or don’t live in areas where medical care is easily accessible, CDC experts say....
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