health reinsurance News

Wisconsin Governor Credits Health Reinsurance Plan for Drop in Premium Rates

Wisconsin Democratic Gov. Tony Evers is crediting a reinsurance program adopted by his Republican predecessor Scott Walker for leading to lower health insurance rates in 2020. Evers on Friday announced that rates will decrease on average 3.2%, thanks to the …

Drugmaker Eyes Reinsurance to Lower Costs, Reports Financial Times

Swiss drugmaker Novartis AG is considering working with reinsurers to provide alternative financing options for life-saving drugs, potentially saving substantial healthcare costs, Financial Times reported on Sunday. Among the options proposed includes a “reinsurance model in which a third party …