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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 $460.3 billion as of December 20, 2024.
It provides its services through a contract with the PHCS PPO Network. Like other faith-based initiatives, UHSM is not traditional health insurance, instead providing limited health care services to its members for a monthly fee, pooled to cover all members' qualified health care expenses. [2] The current president of UHSM is Christopher Jin. [3]
A January 2015 op-ed in The New York Times stated that the four main healthcare ministries in the US have a total combined membership of about 340,000, that membership has grown significantly because of the healthcare ministries' exemption to the insurance mandate of the Affordable Care Act, and that monthly cost of membership in a health care sharing ministry is generally lower than the cost ...
HCSC was formerly known as Hospital Service Corporation and changed its name to Health Care Service Corporation in 1975. The company was founded in 1936 and is based in Chicago, Illinois with a network of offices in the United States. Health Care Service Corporation is the licensee of the Blue Cross and Blue Shield Association for five states ...
United Health Services (UHS) (United Health Services Hospitals, Inc.) is the largest and most comprehensive provider of healthcare services in upstate New York's Southern Tier. [3] A locally owned, not-for-profit system, it is governed by a volunteer board of directors composed of residents from around the region. [4]
Shared care involves the establishment of partnerships between professionals and laymen in which they share a common goal. Examples are an improvement in the health of a patient where there is patient empowerment to take a major degree of responsibility care and arrangements in which the life of a disadvantaged person is improved by the joint efforts of a social service and an outside lay ...
Shared services is the provision of a service by one part of an organization or group where that service had previously been found in more than one part of the organization or group. Thus the funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider.
The most common type of flexible spending account, the medical expense FSA (also medical FSA or health FSA), is similar to a health savings account (HSA) or a health reimbursement account (HRA). However, while HSAs and HRAs are almost exclusively used as components of a consumer-driven health care plan, medical FSAs are commonly offered with ...