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Health care costs for a family of four decreased last year for the first time in the 16 years that the Milliman Medical Index started tracking costs, BenefitsPro reports. Group health plan costs fell more by more than 4% last year as the spread of COVID-19 led many health plan participants to hold off on going to medical offices. But with COVID-19 cases declining significantly, more employees and their dependents will resume getting medical services.
1. UnitedHealth reports significant data breach; personal health info compromised
2. Humana to cut Medicare Advantage benefits amid rising costs
3. UnitedHealth faces scrutiny over size, operations, and cyberattack
4. Walmart to shut down health clinics due to unprofitability
5. Analyst says Cigna, Humana share prices could put merger back on the table
6. UnitedHealth to close Optum Virtual Care amid telehealth decline