Health insurance companies in the United States are very profitable. In 2021, the top five health insurance companies in the United States (UnitedHealth Group, Anthem, Aetna, Humana, and Cigna) made a combined profit of $60.6 billion. This represents an increase of 16% from their earnings in 2020. …

Consumers still pay attention to branding. A study by Nielsen found that 66% of consumers are willing to pay more for a product from a brand they trust. Additionally, 72% of consumers say a brand’s reputation is essential to their decision-making process. There are several reasons why consumers pay attention…

Retailers face many problems, but the most critical challenge is hiring people caring about customers. Bad customer service can result in lost sales. There are several reasons why retailers need help in hiring people. Labor market conditions: The overall labor market conditions can significantly impact retailers’ ability to hire employees…

The high cost of patients skipping doctor’s appointments is a growing problem in the United States. According to a study by the Centers for…

Traditional advertising can still be effective, depending on the context and target audience. While digital advertising has gained significant popularity and offers various advantages, traditional advertising methods such as television, radio, print, billboards, and direct mail can still be impactful in reaching a broad audience. Here are a few factors…

The American healthcare system is often considered dysfunctional for several reasons. Perhaps because there is too much profit or “players” involved, but here are some reasons why. Lack of Universal Coverage: Unlike many other developed countries, the United States still needs a universal healthcare system. This means that most of…

Many employers are demanding that their employees return to the office. Allowing employees to work from home can offer several benefits, but it also presents its share of challenges. Here are some common advantages and issues associated with remote work. Benefits of letting employees work from home: Problems of letting…

As Home Depot, Target, and Walmart reported their quarterly sales and shared full-year outlooks, the companies offered up the latest clues about the health of the American consumer. They previewed what could be ahead for the economy. Retailers report that shoppers spent less, especially on discretionary merchandise. Stubbornly high prices…

More than 70% of U.S. adults feel the healthcare system is failing to meet their needs in at least one way, according to new data from the Harris Poll. Only 27% of the survey participants said the U.S. medical system meets all their needs. Despite spending more per capita on…