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Blue Cross and Blue Shield of Massachusetts reported a net loss of $222.8 million and a -2.2% profit margin in 2025, citing unprecedented medical and pharmacy spending. The company’s annual revenue was $10.3 billion. It posted an operating loss of…

UnitedHealth Group is limiting employee raises to between 0% and 2% this year and laying off an unspecified number of workers, Bloomberg reported Feb. 27. Minnesota, the company’s home state, has not posted any relevant Worker Adjustment and Retraining Notification…

Anthem Blue Cross of California is extending the pause on its upcoming evaluation and management claim downcoding policy until April, the insurer confirmed to Becker’s Feb. 27. A Feb. 23 news release from the California Medical Association said the policy…

The Massachusetts Group Insurance Commission during a Feb. 26 meeting voted to eliminate GLP-1 coverage for state employees and retirees. Chair Valerie Sullivan said removing the coverage would help with managing the budget. She called the vote “a very difficult…

An investigation into former CalOptima Health board member and chair Andrew Do found no fraud during his tenure, the insurer said in a Feb. 18 news release. In 2025, Mr. Do — previously an Orange County supervisor — was sentenced…

Longtime UnitedHealth Group executive Heather Cianfrocco is leaving the company. Ms. Cianfrocco has served as executive vice president of governance, compliance and information security at UnitedHealth since April 2025. She briefly served as CEO of Optum from 2024 to 2025…


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