Health Insurance news and trends

WEX Debuts AI-Powered Enhancements to Benefits Admin Tool
artificial intelligence // November 25, 2024

Commerce platform WEX says it is launching new AI enhancements to its benefits administration offering. With open enrollment season set to begin, the company on Monday (Nov. 25) announced it is working with select employers to pilot a pair of artificial intelligence (AI)-powered tools: Benefit Assistant and BeneFITwise Premier....

Q3 Earnings Show Digital Healthcare Market Expanding
Healthcare // November 14, 2024

As digital tools and technology become an integral part of healthcare, two key players — GoodRx and Oscar Health — are making strides in the industry. Both companies have demonstrated solid financial performance while focusing on enhancing digital engagement and improving accessibility to healthcare services. Despite...

Employee Health Insurance Costs Climb Despite Lower Inflation
Healthcare // October 09, 2024

Inflation may be waning, but Americans aren’t seeing much relief when paying for medical care. Employer-sponsored health insurance costs climbed 7% for the second year in a row, a growth rate unseen in more than a decade, The Wall Street Journal (WSJ) reported Wednesday (Oct. 9), citing...

Jump Raises $12.2 Million to Grow Platform for French Freelancers
Investments // September 23, 2024

Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional jobs. These benefits include French CDI employment contracts, social protection, company health insurance and savings plans, Breega, which led the...

Interviews & Exclusives
AI Gets Positive Prognosis for Health Insurance Industry

July 15, 2024
Artificial intelligence (AI) is set to change the health insurance industry, potentially slashing costs and boosting revenues for payers grappling with economic pressures. As insurers face rising medical service utilization and provider costs and tightening Medicare Advantage reimbursements, AI and automation technologies offer a possible solution to improve efficiency and profitability. Payers could reportedly achieve […]

Healthcare’s iPhone Moment: Why Scaling AI-Powered Care Requires a Unified OS

December 08, 2023
From diagnostics to care delivery, artificial intelligence (AI) would appear to be tailor-made for healthcare. And in fact, it’s already had a substantial impact on the industry — just not...

Digital Platforms Help Insurers Educate Consumers on Value of Healthcare Benefits

June 15, 2023
Healthcare costs are skyrocketing, making it more important than ever for health plans to find ways to engage their members and promote healthy behaviors. One way to achieve this is...

81% of Consumers Want a Better Way to Track Health Insurance Costs

December 15, 2022
The pandemic has spurred us to better manage all aspects of health insurance costs and care. Platforms can bring a broad range of those activities into one centralized location, rather...

Quick Reads
Scripta Insights Raises $17 Million for Pharmacy Navigation Platform

December 18, 2024
Pharmacy navigation platform Scripta Insights has raised $17 million in a Series B round. The new funding closes out a year in which Scripta’s revenue has surged by more than 100%, the company said in a news release Wednesday (Dec. 18). “We are changing the way people shop for prescription drugs in America,” Scripta Insights CEO Eric Levin said […]

WEX Debuts AI-Powered Enhancements to Benefits Admin Tool

November 25, 2024
Commerce platform WEX says it is launching new AI enhancements to its benefits administration offering. With open enrollment season set to begin, the company on Monday (Nov. 25) announced it is working with select...

Employee Health Insurance Costs Climb Despite Lower Inflation

October 09, 2024
Inflation may be waning, but Americans aren’t seeing much relief when paying for medical care. Employer-sponsored health insurance costs climbed 7% for the second year in a row, a growth...

Jump Raises $12.2 Million to Grow Platform for French Freelancers

September 23, 2024
Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional jobs. These benefits include French...