Oscar Health has appointed Janet Liang to oversee its growing insurance business. Ms. Liang most recently served as group president and COO of care delivery for Kaiser Foundation Health Plan and ...
A federal court in Tennessee has upheld a jury's decision in favor of a former BlueCross BlueShield of Tennessee employee who filed a religious discrimination lawsuit after she was terminated for ...
Cigna has agreed to pay $2.9 million to settle a class-action lawsuit alleging it failed to reimburse members for COVID-19 testing. The lawsuit was filed in May 2022 in the U.S. District Court for the ...
Centene lost nearly 1.5 million Medicaid members in 2024, but posted 12% enrollment growth in its marketplace segment, according to the company's fourth quarter earnings report published Feb. 4 Total ...
Molina Healthcare has closed the acquisition of ConnectiCare, a subsidiary of New York City-based EmblemHealth. The transaction closed Feb. 1, according to a Feb. 3 news release from Molina Healthcare ...
Moody's has revised its outlook for the health insurance sector to negative, citing continually high medical costs that are expected to constrain earnings growth in 2025. In a Jan. 31 report shared ...
Payers are trimming their workforces and cutting jobs due to financial or operational challenges, along with contract losses. Below are workforce reduction efforts or job eliminations that were ...
Salt Lake City-based Intermountain Health, through its insurance arm SelectHealth, rebranded its pharmacy benefit manager to Scripius, a move that highlights the growing trend of health systems ...
The Cigna Group will tie executive pay to customer satisfaction as part of an initiative to improve members' experiences. According to a Feb. 3 news release, the company will tie leaders' compensation ...
Cigna's board of directors declared a $1.51 per share cash dividend to be paid March 20. This reflects an 8% increase from the 2024 quarterly cash dividend of $1.40 per share, according to Cigna's Jan ...
Independence Health Group CEO Gregory Deavens plans to retire at the end of 2025. The company is the parent of Independence Blue Cross. Blue Shield of California named Lois Quam as its next CEO. Ms.
The sale of Cigna's Medicare Advantage business to Health Care Service Corp. has been approved by all federal regulators, according to The Cigna Group CFO Brian Evanko. Mr. Evanko, who is also CEO of ...