Forbes Daily: Anthem Backtracks Amid Anesthesia Time Limit Controversy
Good morning,
The next time you’re stranded after a delayed or canceled flight, the airline might have to pay you back.
The Department of Transportation proposed new rules Thursday requiring airlines to compensate passengers with up to $775 for significant flight delays or cancellations where the airline is at fault. Similar protections are already in place overseas, and Transportation Secretary Pete Buttigieg called it “another step forward into a better era for commercial air travel.”
Still, airlines pushed back, with the industry’s lobbying group claiming a similar requirement in Europe “needlessly drives up the cost of flying.” According to one study, the EU’s law actually reduced the likelihood and duration of delays in the first place.
Flags fly at half mast outside the United Healthcare corporate headquarters. .
The words “deny,” “defend” and “depose”—alleged tactics insurance companies are accused of using to avoid paying claims—were reportedly found written on shell casings at the scene where UnitedHealthcare CEO Brian Thompson was shot and killed in New York City on Wednesday. The most recent available data suggests that UHC is perhaps the country’s worst offender of the tactics. UHC, the country’s largest health insurer, has the highest instance of denials out of all major providers, refusing an estimated one-third of claims submitted, according to one report.
MORE: Police are still searching for the man who killed Thompson, but violent threats against healthcare industry executives have been on the rise for years, according to one security specialist. Matthew Dumpert, a managing director at Kroll covering business risk management, said he’s seen more threats across industries, but that healthcare and health sciences are “some of the most impacted” because “they intersect with families at their time of real despair and need.”
Anthem Blue Cross Blue Shield reversed a policy change that would place time limits on coverage for anesthesia services in three states after the move drew widespread outrage. The insurer announced in November that it would limit the amount of time it covers anesthesia for surgeries and procedures in which it’s needed, but such a change sparked criticism from the American Society of Anesthesiologists as well as elected officials.
U.S.-based employers cut 57,727 jobs last month, the fourth-worst November for job cuts since the 2008 financial crisis, according to a new report from career services firm Challenger, Gray & Christmas. The automotive sector saw more eliminated positions than any other industry, and........
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