Insurance industry

FILE- In a June 23, 2015, file photo, traffic heads north along the Lodge freeway in Detroit. Michigan, the state with the highest car insurance premiums in the country, is on the verge of a political showdown over long-running efforts to cut rates by reining in generous medical benefits. The Republican-led Legislature is pushing to save people money by making mandatory unlimited medical coverage optional, but Democratic Gov. Gretchen Whitmer opposes dueling bills that have cleared the House and Seante. (AP Photo/Carlos Osorio, File)
May 11, 2019 - 7:16 am
LANSING, Mich. (AP) — The state with the highest car insurance premiums in the country is on the verge of a political showdown over long-running efforts to cut rates by reining in generous medical benefits. Auto-friendly Michigan, which is among a dozen "no-fault" states where drivers must buy...
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FILE - This Feb. 5, 2015, file photo shows the Anthem logo at the health insurer's corporate headquarters in Indianapolis. The Justice Department says a grand jury has indicted Fujie Wang and another Chinese man identified only as John Doe for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, in an indictment unsealed Thursday, May 9, 2019, in Indianapolis. (AP Photo/Michael Conroy, File)
May 09, 2019 - 6:41 pm
INDIANAPOLIS (AP) — A federal grand jury has indicted two members of "extremely sophisticated" hacking group operating from China in the 2014-2015 theft of the personal information of nearly 79 million customers of insurer Anthem Inc., the biggest known health care hack in U.S. history. The Justice...
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President Donald Trump speaks during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)
May 09, 2019 - 9:59 am
WASHINGTON (AP) — The Latest on President Donald Trump's effort to limit "surprise medical bills" (all times local): 1 p.m. President Donald Trump is ratcheting up pressure on the pharmaceutical industry to lower prices and announcing a new effort to end "surprise medical bills" for patients with...
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President Trump acknowledges the crowd at the end of his rally in Panama City Beach, Fla., Wednesday, May 8, 2019. (AP Photo/Gerald Herbert)
May 09, 2019 - 9:12 am
WASHINGTON (AP) — President Donald Trump will begin a push Thursday to fight health care sticker shock by limiting "surprise medical bills," the unexpected charges faced by insured patients when a member of a health care team that treated them is not in their insurer's network. Senior...
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FILE - In this Jan. 30, 2019, file photo, Insys Therapeutics founder John Kapoor leaves federal court in Boston. On Thursday, May 2, 2019, Kapoor was found guilty in a scheme to bribe doctors to boost sales of a highly addictive fentanyl spray meant for cancer patients with severe pain. (AP Photo/Steven Senne, File)
May 02, 2019 - 6:24 pm
BOSTON (AP) — A pharmaceutical company founder accused of paying doctors millions in bribes to prescribe a highly addictive fentanyl spray was convicted Thursday in a case that exposed such marketing tactics as using a stripper-turned-sales-rep to give a physician a lap dance. John Kapoor, the 76-...
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Democratic presidential candidate Sen. Bernie Sanders, I-Vt., Bernie Sanders speaks during a rally at Discovery Green on Wednesday, April 24, 2019, in Houston. (Brett Coomer/Houston Chronicle via AP)
May 01, 2019 - 4:06 pm
WASHINGTON (AP) — Congressional budget experts said Wednesday that moving to a government-run health care system like "Medicare for All" could be complicated and potentially disruptive for Americans. The report from the nonpartisan Congressional Budget Office was a high-level look at the pros and...
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FILE - In this April 3, 2019 file photo, TobyMacFarlane departs federal court in Boston after facing charges in a nationwide college admissions bribery scandal. Authorities said Tuesday, April 23, that MacFarlane, a former senior executive at a title insurance company, will plead guilty to racketeering conspiracy and cooperate with federal authorities in the case. (AP Photos/Michael Dwyer, File)
April 23, 2019 - 2:20 pm
BOSTON (AP) — A former University of Southern California soccer coach and a California insurance executive became the latest people to agree to plead guilty in a college admissions cheating scandal that has netted prominent parents and Hollywood stars, federal prosecutors said Tuesday. Laura Janke...
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FILE - In this Sept. 24, 2018 file photo Bill Cosby arrives for his sentencing hearing at the Montgomery County Courthouse in Norristown, Pa. The Imprisoned actor says his insurance company is settling another lawsuit filed by a woman accuser without his permission. In a statement, Cosby accuses American International Group Inc. of “egregious behavior." The 81-year-old is serving a three- to 10-year prison term, after a jury found he sexually assaulted a woman at his home in 2004. (AP Photo/Matt Slocum, File)
April 16, 2019 - 10:55 am
PHILADELPHIA (AP) — Bill Cosby's insurance company has settled another lawsuit filed by a female accuser a week before the imprisoned comedian was set to give a deposition in the case, prompting Cosby to call the insurer "complicit" in a scheme to destroy him. Former model Chloe Goins had accused...
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FILE - In this June 15, 2018 file photo, United Healthcare correspondence is seen in North Andover, Mass. UnitedHealth Group is reporting strong first-quarter driven by its main insurance business, as well as its pharmacy benefits division. The Minnetonka, Minn., company on Tuesday, April 16, 2019 reported net income of $3.47 billion, or $3.56 per share. Earnings, adjusted for amortization costs, were $3.73 per share, topping Wall Street estimates by 13 cents, according to a survey by Zacks Investment Research. (AP Photo/Elise Amendola, File)
April 16, 2019 - 9:27 am
UnitedHealth Group beat first-quarter expectations and hiked its 2019 forecast, but shares of the nation's largest health insurer continued their slump as investors worry about growing Congressional scrutiny of how the company and its competitors do business. Shares of health insurers and pharmacy...
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Sen. Bernie Sanders, I-Vt., introduces the Medicare for All Act of 2019, on Capitol Hill in Washington, Wednesday, April 10, 2019. (AP Photo/Manuel Balce Ceneta)
April 10, 2019 - 10:25 am
WASHINGTON (AP) — Sen. Bernie Sanders of Vermont unveiled a revamped version of his "Medicare for All" plan on Wednesday, shaking up the 2020 presidential race by renewing his call for replacing job-based and private health insurance with a government plan that guarantees coverage for all. "It is...
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