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 ...
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 ...
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 ...
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 ...
Aetna, Blue Shield of California and Centene's Health Net have launched a shared, value-based payment model for reimbursing primary care physicians in California. The project, led by the California ...
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.
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 ...
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 ...
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 ...
Alabama has the highest average in-network denial rate for ACA insurers, while South Dakota has the lowest, according to KFF. KFF analyzed CMS data on claims denials and appeals for non-group ...