AHIP On Defense After E&C Announces Probe Of Business Practices

Hours after the House Energy & Commerce Committee launched a probe into health insurers’ business practices due to record-setting second quarter profits, the industry’s main lobby, America’s Health Insurance Plans (AHIP), issued a lengthy response highlighting plans’ efforts to assist throughout the pandemic and pointing to potentially large future costs due to the pandemic’s long-term effects. AHIP noted insurers’ pledge to cover an eventual COVID-19 vaccine and stressed COVID cases continue to increase and recovered patients could need care for...