SAN FRANCISCO, April 27, 2020 /PRNewswire/ — Delta Dental of California, which offers comprehensive oral health care coverage to more than 36 million members, today announced details of a $200 million loan program through a partnership with Lendeavor that will provide economic assistance and post-COVID-19 pandemic relief for its independent provider network across 15 U.S. states and the District of Columbia. Lendeavor, a leading digital lender that provides financial solutions to healthcare practices, will manage the program. [Read more…]

PUNE, India, April 28, 2020 /PRNewswire/ — The funds allocated towards healthcare by the 2020 Union Budget were 5.7% lower than the amount apportioned last year. This combined with the fact that healthcare inflation in India is believed to be increasing at double the rate of retail inflation and that about 56% of Indians don’t have any health insurance reveals the stark nature of healthcare finance in the country. To address this deficiency and make medical care more accessible and hassle-free, Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv, offers a Digital Health EMI Network Card. [Read more…]

GERMANTOWN, Md., April 28, 2020 /PRNewswire/ — The HealthWell Foundation®, an independent non-profit that provides a financial lifeline for inadequately insured Americans, has opened a new fund to assist individuals who have been laid off or furloughed as a result of the COVID-19 public health crisis. Through this unique fund, HealthWell will provide up to $6,000 in financial assistance for 3 months following grant approval to eligible households which had annual incomes up to 500 percent of the federal poverty level prior to being laid off or furloughed. [Read more…]

AUSTIN, Texas, April 28, 2020 /PRNewswire/ — Zenoss Inc., the leader in intelligent application and service monitoring, today announced that Health Partners Plans (HPP), a large not-for-profit managed health care organization serving more than 259,000 members, trusts Zenoss to monitor its large and complex IT infrastructure, helping predict and prevent issues before they impact operations. [Read more…]

WASHINGTON, April 28, 2020 /PRNewswire/ — County Executives of America (CEA) announced plans to begin distributing free prescription assistance cards across the country today. The free program is provided through a partnership with United Networks of America (UNA). Similar programs launched by UNA have resulted in over $10 Billion in healthcare savings. [Read more…]

SHENZHEN, China, April 29, 2020 /PRNewswire/ — Tencent’s insurance platform WeSure, launched a new initiative on April 16, following the establishment of the “WeSure Charity Fund”. By embodying the concept of public welfare in the design and implementation of insurance products, the Fund aims to increase philanthropy. Working with Two Sigma, China Guanghua Science And Technology Foundation, the Fund’s latest initiative will provide insurance protection to 2600 cured COVID-19 patients in Wuhan, who are classified as high risk under vast majority of commercial medical insurance policies and cannot be insured within two years following infection. [Read more…]

COLUMBUS, Ga., April 23, 2020 /PRNewswire/ — Aflac, a leader in supplemental insurance sales at U.S. worksites, today announced its new, people-centric “Not Alone” marketing campaign. Developed in partnership with Dagger, Aflac’s new advertising agency of record, the campaign reflects the insurer’s commitment to being there for consumers when help is needed most. The new campaign focuses on the wide range of emotions Americans experience when they are hit with unexpected health care costs, emphasizing that Aflac helps pay out-of-pocket expenses health insurance does not cover and giving consumers more control over what otherwise might be uncontrollable situations. [Read more…]

NASHVILLE, Tenn., April 23, 2020 /PRNewswire/ — AdhereHealth announced today it is expanding the company’s industry-leading technology platform into the commercial health insurance market to address the nation’s growing medication adherence challenge. [Read more…]

SEATTLE, April 23, 2020 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, released a report today projecting the COVID-19 pandemic will reduce U.S. nationwide healthcare expenditures by at least $75 billion and by as much as $575 billion in 2020. The report, “Estimating the financial impact of COVID-19 on 2020 healthcare costs,” models 18 different scenarios with varying infection rates and durations of care deferral. Key findings of the report include: [Read more…]

To support members and the health of local communities during the COVID-19 outbreak, Fidelis Care has expanded access to telehealth services, covering virtual visits with providers from the safety, comfort, and convenience of a member’s home for a $0 copay. [Read more…]