Why Public Health Is Necessary to Improve Healthcare

As the United States seeks ways to regain our economic footing and rebuild prosperity, all should be reminded of the simple but immensely important fact that the nation’s collective health bears both an economic and human cost. Poor health of a population can exert tremendous force on employment rates, interest costs and other tangible factors that ultimately affect the ability to maintain a strong global economic position.

Spotlight

Hospitals Insurance Company

Hospitals Insurance Company (HIC), a New York State licensed insurance company, with offices in NYC and White Plains, NY, provides professional liability, general liability and other insurance coverage for hospitals, long-term care facilities, physicians, and health care professionals throughout New York State. Since 1987, HIC has served the insurance needs of the medical community with a strong commitment to personal service, competitive rates and security for its policyholders. Today the Company employs a staff of over 40, writes approximately $225 million in premium, with assets of $1.1 billion and surplus of $200 million.

OTHER WHITEPAPERS
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Health Insurance top trends 2021

whitePaper | August 20, 2021

COVID-19 brought sweeping implications for all industries, but nowhere more so than in the health insurance industry. And now, firms continue to face challenges on multiple fronts as they work to meet the expectations of both members and employees. At the peak of disruption, the focus was on ensuring business continuity. These days efficiency initiatives are cropping up as insurers adapt to the new normal.

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Improving and Strengthening Employer-Sponsored Insurance

whitePaper | October 31, 2022

Some 58.1% of non-elderly Americans (158 million people) receive health care benefits through their employers as of 2019, making employer-sponsored insurance (ESI) the nation’s largest source of health coverage. ESI is the foundation for the nation’s public-private health system, but rising health care costs continue to put pressure on employers seeking to offer the same level of benefits and to boost wages. Similarly, employees are seeing their health insurance premiums rise in the face of stagnant real wages. Even the largest private employers lack the resources or market power to prompt and sustain the systemwide changes needed to improve the value they receive for their health care spending.

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Real-time analytics in insurance

whitePaper | August 31, 2022

Success in the insurance business depends on understanding, evaluating, and pricing risks. That’s hard enough in a predictable environment, but today’s insurance companies must now rapidly adapt to much more varied and unpredictable business situations than they could possibly have anticipated even a short time ago.

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IPT compliance: A guide for insurers

whitePaper | March 7, 2023

Written by Sovos’ team of regulatory specialists, this guide for insurers provides everything you need to know about the IPT regulatory landscape. A mix of deep dive country-by-country information in addition to guidance on IPT and the digital tax landscape, this guide is for any insurer wanting to know more about IPT compliance. Despite its focus on Europe, our guide also explores other jurisdictions in Asia, Australia, North and South America. This guide is your trusted source of information wherever in the world you write business.

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Guidewire Testing Framework for Autonomous Testing

whitePaper | May 9, 2022

The pace of change driven by digital transformation is rapidly increasing as new generations of agile competitors emerge. Insurance businesses, too, are evolving to keep pace with the latest business trends and update their products and services.

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Streamlining the Automotive Claims Process via Integrated Intelligent Automation

whitePaper | November 21, 2019

As intelligent automation (IA) emerges as a best practice across numerous industries, insurers and technology service providers alike are racing to build out use cases for IA that streamline the various stages of an automotive insurance claim. While automation cannot be viewed as an isolated lever or standalone solution to bring efficiency and cost savings, when IA integrates with other channels, technologies and platforms, it unleashes its full potential.

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Spotlight

Hospitals Insurance Company

Hospitals Insurance Company (HIC), a New York State licensed insurance company, with offices in NYC and White Plains, NY, provides professional liability, general liability and other insurance coverage for hospitals, long-term care facilities, physicians, and health care professionals throughout New York State. Since 1987, HIC has served the insurance needs of the medical community with a strong commitment to personal service, competitive rates and security for its policyholders. Today the Company employs a staff of over 40, writes approximately $225 million in premium, with assets of $1.1 billion and surplus of $200 million.

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