Insurance Startup Hippo to Go Public in $5 Billion SPAC Merger

Kimiko G. Judith

Residence-insurance policy know-how upstart Hippo Enterprises Inc. is teaming with a specific-objective acquisition enterprise to go public, the latest insuretech small business to faucet equity marketplaces and obstacle common insurers head-on. The six-yr-old Hippo, based in Palo Alto, Calif., will go general public via a merger with Reinvent Engineering Companions […]

Limiting Private Insurance Reimbursement to Medicare Rates Would Reduce Health Spending by About $350 Billion in 2021

Kimiko G. Judith

The cost of well being treatment is getting to be a lot less cost-effective for both privately insured folks and businesses who supply overall health coverage coverage. Lengthy-standing considerations about substantial and growing health treatment costs in the United States have been lately exacerbated by the COVID-19 pandemic, which has […]