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COVID-Related Profits Were Largely a One-Year Phenomenon Across U.S. Health Insurers
StarTribune
Mar. 18, 2025 "[T]he first year of the pandemic was historic not only for COVID, but for a surprising side effect -- the health system known for inexorable growth actually provided less care in most categories.... Health insurers were huge financial beneficiaries of this surprise. Their profits increased 52% as they continued collecting insurance premiums while fewer patients went to the doctor.... Fast forward past the end of the pandemic, and the health care finance story has changed dramatically -- premiums are rising much faster now, amid a health care cost surge that includes costly new GLP-1 medications for diabetes and weight loss." MORE >> |
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