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KPMG: Tailwinds and Headwinds for Payers in 2024

Payers in the US will face several challenges and changes this year, according to a report from KPMG. The company predicts positive impacts including reduced worries about recession, insurance premium increases, and more access to insurance. Nevertheless, challenges such as high lending interest rates, federal antitrust enforcement, recruitment issues, Medicare Advantage plans and scrutiny of pharmacy benefit managers could cause headwinds for payers.

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Risk Non-Payment or Deny Medications

A ransomware attack by the ‘Blackcat’ group on UnitedHealth Group subsidiary Change Healthcare has disrupted payment systems and prescription processing in nearly 90% of US