Accounting & Financial Management
The report also found that the more insurers, the lower the benchmark premiums, and vice versa.
Due to external economic factors, relatively flat margins are likely to continue in the near term, data showed.
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March 29, 2023
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About 78% prevail in getting disputed charges reduced or removed, survey finds.
Moody's released the report prior to the Feds raising the interest rate by a quarter point yesterday.
The organization attributes this strong financial performance to the positive performance of its insurance business units.
The discussion about Medicare cuts is heating up, and insurers are confident their estimates are more accurate than those from CMS.
Higher expenses were driven by labor and pharmaceutical costs.
Relying on labor from contract staffing firms contributed to higher overall labor expenses, according to the American Hospital Association.
Rising expenses for labor, drugs, and medical supplies are major drivers of the expense increase.