H.S.B.I.s report on intermediaries said that intermediaries are among the top recipients of federal money in the US and that they have benefited from the federal government’s support in several areas.
In 2016, intermediaries contributed $3.3 billion to the federal budget, according to the report, released Monday.
The H.P.B.’s data shows that intermediates spent more than $1.2 billion on insurance products and services last year.
H.H.S., an insurance company that provides products to the government and private insurers, also received $2.2 million in federal funding.
The US Postal Service received $1 million in support for its services to the health care industry.HSBC, which is also part of the H.R. 476 health care legislation, said it is also “excited to see the potential of blockchain and its technology to enable more cost-effective, more efficient and more reliable delivery of care.”HSBC said that it is exploring partnerships with more than 100 companies, including the US Postal Services, to help develop blockchain technology.
S.P.’s statement said that the platform will “enable the adoption of blockchain as a payment method for health insurance.”