Phone Number For Humana Insurance Providers

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Phone Number For Humana Insurance Providers

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Aetna Health Insurance Phone Number Customer Service

The coronavirus pandemic has highlighted both the weakness and resilience of the various business models associated with online retailers like Amazon.

Among companies belonging to the latter category. The devastating health crisis may also seem like a great opportunity for health insurers to boost their bottom line, and recent quarterly results show they’re raising billions of extra dollars from the pandemic. On several occasions, major insurance companies have doubled their profits.

In some parts of the country, hospitals are being overwhelmed by an influx of patients, and many have announced significant financial losses. Meanwhile, insurers have been able to avoid paying big bucks for surgeries and other complex medical procedures, and people have been less likely to visit a doctor over the past few months. This resulted in a tremendous increase in net income between Q2 2019 and Q2 2020, illustrated in the following infographic.

Net income doubled from $3.4 billion to $6.7 billion, and Anthem also doubled from $1.1 billion to $2.3 billion. CVS Health, which has health insurance provider Aetna, in addition to other brands including pharma, added an additional $1 billion to net income in the second quarter of this year. Humana

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Results were also encouraging, with net income of $1.8 billion compared to net income of $940 million for the same quarter in 2019.

It’s important to mention that health insurance companies benefited from the Affordable Care Act and must pay discounts for the benefit of consumers. It’s a process that isn’t happening fast enough given the current crisis. The Department of Health and Human Services weighed in on the latest developments and advised businesses to lower premiums and accelerate discounts.

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