The case for a 'fair' fee schedule for auto insurance medical coverage

fairhealthconsumer | May 16, 2019

In the short time since the Michigan Senate and House each passed their own versions of no-fault auto insurance reform, there has been much comment on the content and repercussions of the bills.Overlooked, however, is impaired access to the best doctors — based on fee schedules that will make it impossible to provide care.

Spotlight

Medicare Supplement insurance, sold by private companies, can help pay some of the health care costs that Medicare does not cover, such as copayments, coinsurance, and deductibles. If you have Medicare and you buy a supplemental policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs; then your Medicare Supplement policy pays its share.

Spotlight

Medicare Supplement insurance, sold by private companies, can help pay some of the health care costs that Medicare does not cover, such as copayments, coinsurance, and deductibles. If you have Medicare and you buy a supplemental policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs; then your Medicare Supplement policy pays its share.

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Noyo Secures $12.5M Series A Funding and Announced Partnerships with Humana, Ameritas

Cision PR Newswire | September 28, 2020

Noyo, the leading API platform for improving the speed and accuracy of health insurance data exchange, today announced that it has closed $12.5M in Series A funding from Costanoa Ventures and Spark Capital, with continued support from early investors including Homebrew, Fika Ventures, Precursor Ventures, Core Innovation Capital, Garuda Ventures and Webb Investment Network. The new funding will extend Noyo's breakthrough technology to support the entire insurance lifecycle from start to finish, with APIs for everything from price quotes through member enrollment. Noyo also announced new partnerships with leading insurance carriers Humana and Ameritas, aimed at improving the overall consumer experience by enabling seamless and secure data connections to enroll members faster and eliminate coverage-impacting errors.

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Sapiens and Munich Re Collaborate to Assist Insurers in Targeting the Commercial Insurance Market

Sapiens | July 23, 2021

Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced today a collaboration with Munich Re, one of the world's leading providers of reinsurance, primary insurance, and insurance-related risk solutions, to provide technology-led consultancy and services to enable primary insurers to serve better the commercial insurance market (small and medium-sized businesses). The commercial insurance market in the United Kingdom is one of the fastest-growing insurance sectors in the country. However, until recently, this market has been underserved, with few insurance packages suited to the segment's specific demands and expectations. Sapiens and Munich Re will collaborate with insurers to help them better target and address this market promptly. The combined solution aims to provide insurers with a modular, scalable technology refresh that allows them to tailor services to the expanding SME sector and actively participate in the post-COVID-19 recovery period. The Sapiens/Munich Re collaboration complements the recent rise in government-backed and retail banking SME support initiatives, such as backed-loan schemes, increased infrastructure spending, tax exemptions, and restart grants, which are fueling the recovery. According to aggregated Companies House registrations, over 200,000 new companies have been established in the UK this year, with the bulk centered on retail, business services, and construction. Because of the industry's push toward digital, coverage explanation, flexible offers, verified self-selection, and how commercial insurers adapt their customer journey are all important. About Munich Re Munich Re is a global leader in reinsurance, primary insurance, and insurance-related risk solutions. Munich Re has exceptional, innovative strength and is a key driver of the insurance industry's digital transformation. Munich Re is one of the world's most sought-after risk partners for businesses, institutions, and private individuals because of its tailor-made solutions and close connectivity to its clients. About Sapiens Sapiens International Corporation enables insurers to succeed in an ever-changing industry. Sapiens provides digital software platforms, solutions, and services to the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers' comp, and financial sectors. Sapiens has over 35 years of expertise delivering to over 600 organizations worldwide, demonstrating a proven ability to fulfill clients' core systems, data, and digital requirements.

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Woodruff Sawyer Announces Bill Urick to Lead Northern California Employee Benefits Practice

Woodruff Sawyer | February 10, 2022

Woodruff Sawyer, one of the largest independent insurance brokerages in the US, announced Bill Urick has joined the company to lead the Northern California Employee Benefits Practice. Bringing over 35 years of Commercial and Benefits brokerage experience to the role, Bill most recently led a large Healthcare Benefits Practice in California for a division of Assured Partners and held previous leadership roles at Johnson & Higgins, Marsh and A.J. Gallagher. As Northern California Employee Benefits Practice Leader, Bill will be responsible for the growth and profit of the Northern California Benefits Practice, developing and attracting talent, and service excellence for clients. "We are thrilled to have Bill's industry experience, client focus and people leadership at a time when there are big market shifts. His fresh perspective will help us move faster to set Woodruff Sawyer apart." -Kathy Prosser, Woodruff Sawyer Senior Vice President and National Employee Benefits Practice Leader About Woodruff Sawyer As one of the largest insurance brokerage and consulting firms in the US, Woodruff Sawyer protects the people and assets of more than 4,000 companies. We provide expert counsel and fierce advocacy to protect clients against their most critical risks in property & casualty, management liability, cyber liability, employee benefits, and personal wealth management. An active partner of Assurex Global and International Benefits Network, we provide expertise and customized solutions where clients need it, with headquarters in San Francisco, offices throughout the US, and global reach on six continents.

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