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Stock impact report

Their physical therapy coverage ran out before they could walk again [CBS News]

Elevance Health, Inc. (ELV) 
Company Research Source: CBS News
Katie Kriegshauser suffered organ failure during pregnancy, weakening her so much that she couldn't lift her baby daughter. All went to physical therapy, but their health insurers stopped paying before any could walk without assistance. Paulo spent nearly $1,500 out of her own pocket for more sessions. Millions of Americans rely on physical and occupational therapists to regain strength and motor skills after operations, diseases, and injuries. But recoveries are routinely stymied by a widespread constraint in health insurance policies: rigid caps on therapy sessions. Insurers frequently limit such sessions to as few as 20 a year, a KFF Health News examination finds, even for people with severe damage such as spinal cord injuries and strokes, who may need months of treatment, multiple times a week. Patients can face a bind: Without therapy, they can't return to work, but without working, they can't afford the therapy. Paulo said she pressed her insurer for more sessions, to no Show less Read more
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