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...The IMF urged Hunt in January to prioritise spending on health, education and tackling climate change rather than tax cuts....
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
...He said the sector needs to “bring to bear” broader forms of insurance capital including from pension funds and sovereign wealth funds through a growing insurance-linked securities market....
...If required, an international fund — maintained by seaborne oil importers — can also be called upon to make a contribution of up to about $1bn....
...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...
...Spire has been expanding in complementary services and in October paid £74mn for Vita Health Group, a mental health provider....
...insurance scheme],” said Robert Przybelski, a geriatrician at UW Health in Madison, Wisconsin, where about 25 patients have been treated with the drug....
...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...
...“Health insurance is not my top priority.”...
...“All EU regulators are really down on PE fund owners right now,” said one insurance executive....
...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...
...Hunt added that he would not pursue the measure if it undermined public services such as health or pensions or required higher borrowing....
...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...
...“Any suggestion that this regulatory approach should be changed lacks substantiation and could harm fund investors,” said the Investment Company Institute, which represents fund managers....
...Rather than the federal government dipping into its funds, Neal said, it would be “far better for the insurers to stand up and say hey, let’s actually begin to deal with all of this”....
...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....
...Stars of the boom time, such as the US’s Carbon Health, tell an all too common story. In 2021, it was buoyed by funds from the likes of Blackstone Horizon and big ambitions in US primary healthcare....
...The IMF previously warned Hunt in January against cutting taxes in his March Budget because of the need to curb borrowing and prioritise spending in areas such as health and education....
...US-based hedge fund Shah Capital wrote to the Novavax board on Monday to push for the instalment of two new independent board directors....
...Without insurance coverage, they typically cost about $1,300 per month in the US, making them inaccessible for many....
...But health insurance “doesn’t do what the NHS does . . . It’s a very restrictive model.”...
...Insurance executives have also highlighted the risk of a misalignment of interests between the long-term nature of this insurance business and the shorter timeframe of ownership through a PE fund, rather...
...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....
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