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A survey of health insurance companies by Aon PLC shows that the COVID-19 pandemic has significantly lowered employers’ healthcare spending costs for the first time in decades, Plan Sponsor reported. According to Aon, medical claims for the year are projected to drop at a rate that is 5 percentage points lower than initially projected, with insurers expecting average downward cost impacts of 15% for dental benefits and 8% for vision benefits.
1. UnitedHealth reports significant data breach; personal health info compromised
2. Humana to cut Medicare Advantage benefits amid rising costs
3. Walmart to shut down health clinics due to unprofitability
4. UnitedHealth faces scrutiny over size, operations, and cyberattack
5. UnitedHealth to close Optum Virtual Care amid telehealth decline
6. Cigna writes off $1.8 billion from VillageMD investment amid losses