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Scott Burrows, Insurance and Financial Services Speaker

Scott Burrows

The Human in the Loop is You When speaking to audiences in my role as an insurance and financial services motivational speaker, I am careful to differentiate the impact of technology from the critical role of the representative.

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Scott Burrows, Insurance and Financial Sales Speaker

Scott Burrows

It Always Comes Down to Trust As a motivational insurance and financial sales speaker, it is around this time of the year that I look forward to reading “everyone’s top 5 list” of challenges for the insurance and financial sales industry.

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Insurance companies putting profits ahead of patients

World of DTC Marketing

Five of America’s largest health insurers reported more than $11bn in profits in the second quarter – a decline from the same period last year when the Covid-19 pandemic helped drive sky-high profits yet they are having more of a say on patients’ treatments even when HCPs disagree.

Insurance 225
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Scott Burrows, Insurance and Financial Services Speaker

Scott Burrows

Tell Me Your Purpose, I’ll Show You Your Profits “2023 could be the year the “new normal” fully comes into view. There will be opportunities to help define the future, one in which profits and purpose are inextricably linked.

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Scott Burrows, Insurance and Financial Speaker

Scott Burrows

As an insurance and financial speaker with strong ties to the industry, I have not seen such interesting—and positive—developments in years. Are You Prepared to Reinvent Yourself?

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Scott Burrows, Insurance Sales Speaker

Scott Burrows

The Biggest Change is Mindset As an insurance sales speaker who started his career in insurance and financial services, the progression of the industry continues to hold my interest and concern.

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The importance in health insurance in retaining employees

World of DTC Marketing

Right now, annual raises are being neutralized by increasing healthcare insurance premiums. If pharma wants to retain people, they may have to develop a solution to lower healthcare insurance premiums. The average per-employee cost of employer-sponsored health insurance jumped 6.3

Insurance 201
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PBMs and insurers want your prescription money

World of DTC Marketing

Health insurers have started effectively stealing co-pay coupons, leaving patients on the hook for far higher expenses. Huge Insurance companies continue shifting costs onto patients, with disastrous consequences for individuals’ health and society.

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Report: Health Insurance Is Influencing Americans’ Job Choices

MedCity News

More than 31% of people with employer-sponsored insurance stuck with a job they disliked for the company’s health insurance, a Forbes Advisor survey found. Consumer / Employer Daily Payers SYN Top Story employees Forbes Advisor health insurance inflation job

Insurance 134
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Digital Health Insurance Provider Angle Health Pulls in $58M

MedCity News

Consumer / Employer Daily Payers SYN Top Story Angle Health employers funding health insurance Health TechThe $58 million funding round was led by Portage and included participation from PruVen Capital, Wing Venture Capital and others.

Insurance 125
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FDA Commissioner: Insurers Need To Support Studies In Accelerated Drug Approval Pathway

MedCity News

Physicians face a lot of barriers from insurers in completing studies on drugs in the accelerated approval pathway, declared Dr. Robert Califf, commissioner of food and drugs at the Food and Drug Administration.

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Pharma and insurers raking in the cash

World of DTC Marketing

HEY NOW : Most companies struggled in the second quarter as the coronavirus pandemic froze the economy, but health insurers like UnitedHealth heavily benefited as people held off on going to the doctor or hospital, resulting in fewer medical claims that needed to be paid. INSIGHTS: 1ne : People seem to be returning for medical care so it’s likely that insurers will be paying out a lot of claims. As I See It Health insurers Pharma Profits

Insurance 119
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Survey: Employer-sponsored Health Insurance Is the Most Desired Form of Coverage for Americans

MedCity News

Quality, affordability and convenience are the key reasons for why Americans favor employer-sponsored insurance. Consumer / Employer Daily Payers SYN Top Story employer-sponsored insurance Health coverage health plan insurance

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KFF: Women Experience Insurance Coverage Problems More Than Men

MedCity News

Consumer / Employer Daily Payers SYN Top Story coverage insurance women Women's HealthAbout 31% of women ages 18 to 64 with health coverage said that in the last year, they or a family member received care that their health plan did not cover at all or paid less than expected.

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Should Employers and Insurers Cover Psychedelic-Assisted Therapy?

MedCity News

Despite ketamine-assisted therapy being approved for treating several mental health conditions, it’s generally not covered by insurance or employers.

Insurance 119
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AHA: 78% of Hospitals Say Experience With Commercial Insurers Is Worsening

MedCity News

The American Hospital Association specifically called out commercial insurers for their practices on prior authorization and claims denials and delays. Consumer / Employer Payers SYN Top Story American Hospital Association commercial insurers hospitals prior authorization

Insurance 122
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Report: 43% of working-age adults are inadequately insured

MedCity News

Of people who were found inadequately insured, 9% were uninsured, 11% had a period without coverage over the past year and 23% had coverage all year but were underinsured, the Commonwealth Fund report showed.

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Report: Insurers from 55 countries expect healthcare benefit costs to jump 10% in 2023

MedCity News

Most of the insurers, or 75%, blamed the overuse of care for the rise in medical costs. Consumer / Employer Daily Payers SYN Top Story employers inflation insurers medical costs Willis Towers Watson

Insurance 121
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Is Exiting the Employer Insurance Market a Smart Move for Humana?

MedCity News

Over the next 18 to 24 months, Humana will exit the Employer Group Commercial Medical Products business, which includes fully insured plans, self-funded plans and Federal Employee Health Benefit plans.

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Study: Pregnant Rural Residents Often Have Worse Insurance Coverage Than Urban

MedCity News

Consumer / Employer Daily Payers SYN Top Story commercial insurance insurance Medicaid pregnancyA Michigan Medicine study found that rural residents had higher rates of uninsurance before, during and after pregnancy than urban residents.

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10 highest-paid CEOs of health insurance companies

MedCity News

Notably, in the list, the so-called disruptors of the insurance industry are the ones whose CEOs appear to be winning financially even though their stock performance has left much to be desired. Consumer / Employer Payers SYN Top Story CEO compensation health insurance

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American Hospital Association turns up the heat on commercial insurers in scathing report

MedCity News

Commercial insurers’ practices, such as prior authorization and white bagging, are needed to reduce costs for patients, said Kristine Grow, senior vice president of communications at AHIP.

Insurance 121
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Study finds inconsistent data in insurers’ online provider directories

MedCity News

Conducted by researchers at the University of Colorado medical school, the new report is the latest to gauge the extent of a costly problem that federal regulators are working to solve: Information about doctors varies from provider directory to provider directory.

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Scott Burrows, Financial Services Speaker

Scott Burrows

Don’t Forget Customers are People As a national financial services speaker who started his career in the financial services and insurance industries, I am familiar with the problems facing advisors and their firms.

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Health Insurance Trends To Keep an Eye on in 2023

Penrod

The post Health Insurance Trends To Keep an Eye on in 2023 appeared first on Penrod

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1 in 5 Americans received surprise bills despite law, many lack health insurance literacy, reports find

MedCity News

Consumer / Employer Daily Employee Benefits Legal Medical Education Payers SYN Top Story health insurance medical debt No Surprises Act surprise billing

Insurance 117
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Widespread health inequities persist despite employer-sponsored insurance, report finds

MedCity News

Even with employer-sponsored insurance, many still have issues with chronic conditions, maternal health, behavioral health, substance use and healthcare access.

Insurance 116
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Scott Burrows, Banking & Mortgage Financial Speaker

Scott Burrows

What is the Path through a Turbulent, Uncertain Market? As a banking and mortgage financial speaker, who began his career in the financial services arena, I understand the challenges of uncertainty in a complex and chaotic industry.

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Moody’s: Slowing economic growth, inflation to have negative impact on health insurers

MedCity News

Unlike hospitals, insurers will be less exposed to supply chain issues, higher interest rates and labor shortages. Consumer / Employer Daily Payers SYN Top Story economics health insurers inflation Moody's Investor Service

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Insurance Underwriting Analytics | Prognos Health

Prognos Health

Anyone who has purchased groceries or filled up at a gas station recently has felt the pinch of rising costs. The current inflation rate of 6.2% is a 30-year high, and if history is any indication, healthcare costs will be among the most impacted areas going forward

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Insurers Slam CMS for Medicare Advantage RADV Final Rule

MedCity News

The final rule calls for stricter audits on Medicare Advantage plans. AHIP president and CEO Matt Eyles referred to the rule as “unlawful and fatally flawed.” ” Daily Payers SYN Top Story AHIP Better Medicare Alliance Blue Cross Blue Shield Association CMS CMS Audits final rule

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Pharma Eclipses Insurance As Top Network Radio Advertiser

PharmExec

Pharmaceutical companies are increasingly using radio advertising, both traditional and digital.

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Report: MA Gross Margins Were Double Other Health Insurance Markets’ in 2021

MedCity News

In 2021, Medicare Advantage gross margins averaged $1,730, more than double other insurance markets, the Kaiser Family Foundation report found.

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The emergence of Commercial Health Insurances as an access route to the Chinese market

PharmExec

Commercial Health Insurance may bring more opportunities for market access in China.

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The Emergence of Commercial Health Insurances as an Access Route to the Chinese Market

Pharma Leaders

Commercial Health Insurance may bring more opportunities for market access in China. Compliance Channel Posts

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How UnitedHealthcare Is Supporting Americans’ Travel

MedCity News

UnitedHealthcare has recently introduced a set of three travel protection plans called SafeTrip, which offer healthcare insurance and trip cancellation coverage for Americans. Consumer / Employer Daily Payers SYN Top Story insurance Travelers Insurance UnitedHealthcare

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House report finds PBMs and insurers aren’t covering birth control like ACA requires

MedCity News

The investigation also found that companies denied exceptions requests on average four or more times out of ten, raising barriers to accessing birth control, according to a news release on Tuesday.

Insurance 114
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2023 Likely To Be a Crucial Year for Pharma—and Insurers

MedCity News

2023 is shaping up to be a crucial year for everyone involved – and affected – by the pharmaceutical industry. It’s likely to be a year of experimentation for payers – and defensiveness for drug makers.

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Aishwarya Healthcare- Internal Audit/ Accounts/ HR/ Export/ Packing Development/ Webex Developer/ PPIC/ Finance/ Insurance/ Business Development-Apply Now

Pharma Pathway

Aishwarya Healthcare- Internal Audit/ Accounts/ HR/ Export/ Packing Development/ Webex Developer/ PPIC/ Finance/ Insurance/ Business Development-Apply Now. Department: Internal Audit/ Accounts/ HR/ Export/ Packing Development/ Webex Developer/ PPIC/ Finance/ Insurance/ Business Development.

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Colombian healthcare reform aims to upend insurance and shift focus to primary care

Pharmaceutical Technology

It includes a radical overhaul of the public healthcare insurance sector, doing away with the role of the Health Promoting Entities (Entidades Promotoras de Salud, EPS) as intermediaries.