Insurance

Health care coalitions merge

The Alliance and the Northcentral Employers Healthcare Alliance (NEHA) have announced that their members will unite under the umbrella of The Alliance.

Madison AI company secures $45 million in funding

Veda, an artificial intelligence (AI) and machine learning platform for health care payers and providers, announced the close of $45 million in Series B funding led by Oak HC/FT of Greenwich, Connecticut.

M3 Trends Report: Health insurance rates rise 4.2%

Local employers wondering about their annual investment in health benefit plans have received some guidance from the 2021 M3 Trends Report, which says that M3 clients in the south-central Wisconsin market experienced an overall rate increase of 4.2% percent in 2021.

How a legend was made of advertising quackery

Advertising Hall of Famer Linda Kaplan Thaler loves desperate clients because they will let her do anything. Sometimes, it still takes some convincing, however, as in the remarkable case of the Aflac duck.

WPS awarded new $383 million TRICARE contract

Madison-based Wisconsin Physicians Service Insurance Corp. has been awarded a firm fixed-price contract for TRICARE Medicare Eligible Program services with a total estimated value of $383,248,709.

Your Medicare moment has arrived

Anyone who is approaching retirement is about to reach that milestone moment when all their hard work will be rewarded with a government health care plan.

AmFam PGA championship returns

Although spectator limits and other COVID-19 precautions will be in place, the American Family Insurance Championship will return this year.

AmFam contributes new donations in honor of Hank Aaron

In anticipation of Milwaukee Brewers opening day at the new American Family Field, and to honor baseball Hall of Famer Henry “Hank” Aaron (No. 44), Madison-based American Family Insurance is contributing two new $44,000 donations for scholarships for Milwaukee students to support programs started by Hank and Billye Aaron’s Chasing the Dream Foundation.

WPS to lay off 128

Wisconsin Physicians Service Insurance Corp. (WPS) will lay off 36 employees at its office at 1717 W. Broadway in Monona and 92 employees at its location at 1480 County Road XX in Rothschild.

AmFam, Urban League create loan fund to promote business equity

As part of American Family Insurance’s “Free to Dream” initiative, the insurer is partnering with the Urban League of Greater Madison on a $400,000 revolving loan program for new and emerging minority-owned businesses that will be located in the new minority business hub in Madison’s South Park Street corridor.

In Business magazine