The health insurance industry has received a lot of backlash for its managed care practices, which plague providers with prior authorizations and rampant denials of medical claims. The rise in medical benefit ratios (MBRs) driven by Medicare Advantage plans has squeezed profits at major health insurance providers such as Humana Inc. New York Stock Exchange: … Read more
Lemonade today $47.03 +1.02 (+2.22%) (As of 12/06/2024 ET) 52 week range $14.03 ▼ $53.85 Target price $30.43 While the industry isn’t typically described as “hot” or “innovative,” those two words can definitely describe parts of the insurance industry in 2024. Among the 80 largest insurance stocks traded on U.S. exchanges, only two have negative … Read more
Life bills today $7.64 +0.09 (+1.19%) (As of 3:28 p.m. ET) 52 week range $6.56 ▼ $13.25 Target price $14.70 Abacus Life, Inc. NASDAQ: ABL is a global alternative asset management company specializing in a unique niche in the financial markets. The company purchases and manages life insurance policies. The company’s primary mission is to … Read more