Explore stories from Atlantic Canada.
NEW YORK - Shares of U.S. health insurers fell on Wednesday after UnitedHealth Group cited a near-term disturbance around reimbursement rates for Medicaid due to ongoing program-wide enrollment hurdles that began about a year ago.
Insurers calculate the premium rates they charge based on expected enrollment levels and anticipated medical services utilization by members. KFF, formerly the Kaiser Family Foundation, estimated that as of May 23, 22 million people had been disenrolled from Medicaid and the CHIP insurance program for children, and that 22 million renewals were still underway. About 49 million had their coverage renewed.
In addition to Medicaid plans for people with low income, UnitedHealth and other insurers manage health plans for the U.S. Medicare program for people aged 65 and older or with disabilities.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US health insurer shares fall after UnitedHealth flags Medicaid enrollment issuesShares of U.S. health insurers fell on Wednesday after UnitedHealth Group cited a near-term disturbance around reimbursement rates for Medicaid due to...
Read more »
US health insurer shares fall after UnitedHealth flags Medicaid enrollment issuesShares of U.S. health insurers fell on Wednesday after UnitedHealth Group cited a near-term disturbance around reimbursement rates for Medicaid due to...
Read more »
Argentina oilseed union strikes to protest Milei labor reformsExplore stories from Atlantic Canada.
Read more »
Tennis-Battling Nadal beats Cachin to reach Madrid Open fourth roundExplore stories from Atlantic Canada.
Read more »
Canadian dollar posts a 3-week high as US currency retreatsExplore stories from Atlantic Canada.
Read more »
Global upstream sector set for deals worth $150 billion over rest of 2024, report saysExplore stories from Atlantic Canada.
Read more »