Tag

Insurance Denials

All articles tagged with #insurance denials

health-insurance2 years ago

"Rising Weight Loss Medication Costs Pose Threat to Patient Access and Budgets"

Many patients who have found success with powerful new weight loss medications like Wegovy and Zepbound are facing insurance denials, leaving them with difficult choices. Most employer insurance plans and Medicare do not cover these medications, and some employers are now narrowing the criteria for coverage, creating hurdles for patients. Economists argue that while the medications are expensive, they could lead to substantial cost savings by preventing other serious medical conditions. However, insurers are hesitant due to uncertainties about the long-term effects and a misalignment of incentives. Patients and healthcare providers are struggling with time-intensive prior authorizations and changing coverage requirements, leading to tough discussions and tough choices for patients like Macarena Khoury, who has resorted to using a compounded version of her old weight loss drug after insurance denials.

health2 years ago

COVID Vaccine Rollout Plagued by Insurance Denials, Cancellations, and Appointment Issues

The rollout of updated versions of the COVID-19 vaccine has been hindered by insurance denials, canceled appointments, and delays in getting private insurance to cover the shots. With the federal government no longer distributing all COVID-19 vaccinations, public and private-sector health insurance providers are now responsible for paying the full cost of the shot plus an administrative fee. Uninsured patients can still receive free shots through a federal government program. The shift from government to private-sector insurers has caused hiccups in the vaccine rollout, with many people experiencing roadblocks and out-of-network denials. The Biden administration, insurers, and pharmacies have acknowledged the issues and are working to improve the situation.