Humana, Inc. has reported strong first quarter 2024 profits of $741 million. Humana also posted strong first quarter revenues of $29.6 billion, up from $25 billion in the prior year quarter. Humana’s first quarter profits and revenues both exceeded analysts’ expectations. Humana reported $28.7 billion in revenue in its insurance segment, due in part to …
The New York Times has published a video opinion entitled “What’s My Life Worth? The Big Business of Denying Medical Care,” which illustrates how “profit-seeking insurance companies” use the prior authorization process “to create intentional barriers between patients and the healthcare they need.” As stated in the video: “At best, it’s just a minor bureaucratic …
A study recently published in JAMA Health Forum found “significant differences in home health service intensity” between patients enrolled in Medicare Advantage plans and patients enrolled in traditional Medicare. The study was entitled “Differences in Home Health Services and Outcome between Traditional Medicare and Medicare Advantage.” Some of its key findings were: Medicare Advantage patients …
The United States Department of Justice has issued a report listing the settlements and judgments it reached under the False Claims Act for Fiscal Year 2023. The report includes settlements with Medicare Advantage plans in cases alleging that the plans for knowingly submitting inaccurate information regarding the health status of their beneficiaries to increase their …
The attorneys and staff at Whatley Kallas, LLP want to take a moment to wish our clients and friends a very Happy New Year and thank you for a great 2023!