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By Staff Reporters
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Starting next month, UnitedHealthcare will move forward with plans to drop prior authorization requirements for a range of procedures, including dozens of radiology services and genetic tests, among others. Prior authorization has often criticized by patients and doctors as an administrative burden that impedes necessary medical care. Insurers meanwhile say prior authorization provides important guardrails against improper health care utilization, helping to keep down costs.
CITE: https://www.r2library.com/Resource
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Here is where the major benchmarks ended:
- The S&P 500 Index was down 4.78 points (0.1%) at 4,464.05 and down 0.3% for the week; the Dow Jones Industrial Average (DJIA) was up 105.25 points (0.3%) at 35,281.40, up 0.6% for the week; the NASDAQ Composite was down 93.14 points (0.7%) at 13,644.85, down 1.9% for the week.
- The 10-year Treasury note yield (TNX) was up about 8 basis points at 4.162%.
- CBOE’s Volatility Index (VIX) was down 0.98 at 14.87.
Within the tech sector, chipmakers were particularly weak. The Philadelphia Semiconductor Index (SOX) sank 2.3% to a seven-week low. Energy shares gained amid strength in crude oil futures, which have rallied 11% over the past month to near nine-month highs.
Small-caps ended modestly higher, with the Russell 2000 (RUT) up about 0.1% but still down nearly 1.6% for the week and down 3.9% for the month.
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Filed under: "Doctors Only", Accounting, Alerts Sign-Up, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance | Tagged: CBOE, DJIA, DOW, Health Insurance, NASDAQ, pre-certifications, prior authorizations, S&P 500, UHC, UnitedHealthcare, VIX | Leave a comment »
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