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Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's ninth-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 Fortune Global 500. [4] UnitedHealth Group had a market capitalization of $474.3 billion as of July 15, 2024.
There are over 1,500 free clinics in the United States, providing health services to children and adults who have no health care coverage. “As a rule, you go through a clinic screening where ...
Healthcare coverage is provided through a combination of private health insurance and public health coverage (e.g., Medicare, Medicaid). In 2013, 64% of health spending was paid for by the government, [ 40 ] [ 41 ] and funded via programs such as Medicare , Medicaid , the Children's Health Insurance Program , Tricare , and the Veterans Health ...
In addition, the U.S. Mental Health Parity and Addiction Equity Act (MHPAEA) of 2008 mandates "parity" between mental health and/or substance use disorder (MH/SUD) benefits and medical/surgical benefits covered by a health plan. Under that law, if a health care plan offers mental health and/or substance use disorder benefits, it must offer the ...
“All of these create many mental health challenges and the need for therapy, and we’ve found that over time that Medicare has not been able to provide the kind of coverage needed.” Some 40% ...
United administers Medicaid plans or benefits in about two dozen states and for more than 6 million people, including nearly 10,000 children with autism spectrum disorder. Optum expects to spend ...
Health insurance coverage is provided by several public and private sources in the United States. Analyzing these statistics is challenging due to multiple survey methods [12] and persons with multiple sources of insurance, such as those with coverage under both an employer plan and Medicaid.
Mental health coverage appears to be locked in a time warp. Here are some key questions and answers. How are physical and mental health-related disabilities treated differently by insurance companies?
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