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The Medical Injury Compensation Reform Act (MICRA) of 1975 was a statute enacted by the California Legislature in September 1975 [1] and signed into law by Governor Jerry Brown in September. [2] This Act was intended to lower medical malpractice liability insurance premiums for healthcare providers in California by decreasing their potential ...
Kaiser Permanente had about 50% of the market, followed by Blue Shield of California, Anthem Blue Cross, and Health Net (a subsidiary of Centene). [9] L.A. Care was among the top six in 2015, and the largest county-based insurer. [9] As of 2017, UnitedHealthcare was sixth-largest. [10]
As of 2017, there were 907 health insurance companies in the US, [229] although the top 10 account for about 53% of revenue and the top 100 account for 95% of revenue. [ 230 ] : 70 The number of insurers contributes to administrative overhead in excess of that in nationalized, single-payer systems, such as that in Canada, where administrative ...
Scientists in California state government plan to walk off the job next week in what would be California’s first-ever civil servant strike. After three years of fruitless bargaining, followed by ...
The biggest payout of the year came from Pacific Gas & Electric, which agreed in April to fork over $117 million in a settlement agreement previously reached in PG&E’s bankruptcy proceedings.
Indeed, median CEO pay hit $16.3 million in 2023, which is nearly 200 times the salary of a typical worker, according to data analyzed for the Associated Press by Equilar released this week.
McGuire's exit compensation from UnitedHealth was anticipated to be $1.1 billion, [26] but he only received $618 million after returning $420 million in stock options. [27] In February 2008, the company acquired Sierra Health Services for $2.6 billion. [28]
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