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Global market for health insurance, by type (products, solutions), services (outpatient treatment, outpatient treatment, medical treatment, others), coverage (bronze, silver, gold, platinum), service providers (public health insurance providers, private health insurance providers), health insurance plans (Point of Service (POS), Exclusive Provider Organization (EPOS), Compensation Health...

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Senior Citizens’ Health Insurance Plans: Premium, Features, Benefits – Explained

The minimum age for a person wishing to purchase a health insurance plan for seniors is 60 years.Following the outbreak of the Coronavirus pandemic, the demand for health insurance seems to have increased. As the cost of hospitalization due to Covid-19 runs into a few lakhs, the need to have adequate coverage has become the need of the hour. Senior citizens also proved to be more vulnerable than those at a young age. So how are those over the age of 60 prepared to meet hospital bills? According to Amit Chhabra, Head of Health Insurance,, “From April 20 to…

EU pledges vaccine controls won’t hit UK provides

EU pledges vaccine controls will not hit UK supplies

Ursula von der Leyen has promised Boris Johnson that future EU controls on vaccines won't disrupt contracted provides of the Belgian-made BioNTech/Pfizer vaccine to Britain.The European Fee president, made the dedication to the prime minister in a tense Friday night time name, which adopted the Fee’s controversial plan — rapidly deserted — to impose emergency border controls on vaccines getting into Northern Eire from the EU.Ms von der Leyen tweeted that the talks with Mr Johnson had been “constructive”, including: “We agreed on the precept that there shouldn't be restrictions on the export of vaccines by corporations the place they're…

With $ 110 billion in revenue, Centene appears to be diversifying with Magellan’s mental health business

Centene is now a national health insurance player, reporting $ 111 billion in annual 2020 revenue, ... [+] said the company on Tuesday, February 9, 2021. Chairman and CEO of the Centene, Michael F. Neidorff will attend the Forbes Healthcare Summit 2019 at the Jazz in Lincoln Center on December 5, 2019 in New York City. (Photo by Steven Ferdman / Getty Images) Getty Images Health insurance company Centene reported a loss in the fourth quarter, mainly due to acquisition costs, as the company adds more services, continuing in 2021 with the addition of Magellan Health. The Centers on Tuesday…

Humana now uses IBM Watson’s AI-enabled virtual assistant for health insurance members

A new virtual AI assistant helps Humana members with information on costs, providers and benefits. Image: iStock Humana announced today that it is teaming up with IBM Watson Health to implement the IBM Watson Assistant for Health Benefits for members of the Humana Employer Group. Conversations AI (artificial intelligence) via the IBM Watson Assistant will be used when agents, employers, and healthcare professionals engage with each other to exchange benefits, healthcare costs, and providers information. The goal is to create a cloud-native AI platform powered by IBM Watson with the Conversational AI Virtual Assistant solution. Initially, Humana will implement the…

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