Today's Top 20 Stories
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UnitedHealth in the headlines: 10 updates
From posting a $5.8 billion profit in the third quarter of 2023 to enhancing the benefits of its UCard, here are 10 updates on UnitedHealth Group Becker's has reported since Sept. 29: -
Meet the CEO of the BCBS affiliate in every state
Most of the nation's largest health payers have a single CEO at the helm and operate under one name across many states. In contrast, Blue Cross and Blue Shield payers function as smaller, independent companies, though they are often the largest insurer within their respective state. -
Empire BCBS names president
Empire BlueCross BlueShield and Empire BlueCross have named Victor DeStefano as its next president.
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Cigna reduces workforce
Former employees with the Cigna Group and its subsidiaries have taken to social media in October regarding layoffs they say are occurring across the company. -
Centene sees 75% marketplace enrollment growth
Centene's individual marketplace business has grown 75% year over year, adding 1.6 million members since the third quarter of 2022, according to the company's third quarter earnings report published Oct. 24. -
ACO REACH predecessor saved $371M in 2022
The Medicare Global and Professional Direct Contracting model saved the program more than $300 million in net savings in 2022, according to CMS data published Oct. 24. -
Inside Select Health's Medicare Advantage partnership with Kroger
Gone are the days when the grocery store was just for food — now it can provide your health insurance, too.
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Centene names chief growth officer
Centene has named Wade Rakes as chief growth officer. -
The Medicare ACOs that saved the most in 2022
Participants in the Medicare Global and Professional Direct Contracting model saved the program more than $300 million in net savings in 2022. -
Centene posts $469M profit in Q3
Centene reported a 36% decline in net income year-over-year, along with major growth in exchange enrollment, according to its third-quarter earnings posted Oct. 24. -
Georgia's Medicaid work requirement program slow to gain participants
The nation's only Medicaid program that requires proof of work to receive benefits is off to a slow start, the Georgia Recorder reported Oct. 21.
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2.3 million people will gain insurance if 10 states expand Medicaid
Around 2.3 million people would gain insurance coverage if 10 states expanded Medicaid in 2024, according to an Oct. 23 report from the Robert Wood Johnson Foundation. -
8 providers being acquired by payers
Here are eight providers that payers have acquired or announced plans to acquire in 2023: -
The largest commercial payer in each state
Below are the largest commercial payers in each state by total enrollment, according to data and analytics firm ValuePenguin. -
Michigan codifies ACA provisions into state law
Michigan has codified several provisions of the Affordable Care Act into state law, ahead of a Supreme Court case that could strike down the law's preventive care coverage requirements. -
4 recent Medicare Advantage overpayment cases
The Cigna Group will pay over $170 million to settle allegations of Medicare Advantage fraud, and government watchdogs are auditing other plans for potential overpayments. -
UnitedHealthcare names CEO for dental, vision
UnitedHealthcare has promoted Colleen Van Ham to CEO of its dental and vision divisions, according to an October LinkedIn post. -
Illinois pauses enrollment in insurance program for older immigrants
Illinois will pause enrollment in a Medicaid-like program for immigrant older adults beginning in November. -
Humana plans 8 new CenterWell clinics in Virginia
Humana plans to open eight new CenterWell clinics in Virginia in 2023 and 2024. -
Medicare Advantage in the headlines: 15 recent updates
October is a busy month for Medicare Advantage, with the beginning of open enrollment and CMS announcing plans' star ratings.
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