Today's Top 20 Stories
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UnitedHealth Group posts $5.8B profit in Q3
UnitedHealth Group recorded double-digit growth in revenue year over year across its core lines of business at UnitedHealthcare and Optum, according to the company's third-quarter earnings report released Oct. 13. -
Medicare premiums to increase in 2024
Medicare part B premiums and deductibles will increase slightly in 2024. -
HealthPartners names chief medical officer for health plan
HealthPartners has named Ginger Kakacek, MD, as chief medical officer for its health plan.
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Medicaid in the headlines: 10 recent updates
Medicaid redeterminations continue, and one state, Arkansas, has finished the process. States are also seeking new Medicaid contractors and dropping others. -
Oscar Health expanding to 165 new counties for 2024
Oscar Health is expanding its market footprint and adding new plans for 2024. -
Alignment Health opens new community center in Southern California
Medicare Advantage company Alignment Health opened a new community center in Laguna Woods, California on Oct. 3. -
Southern California payer puts $52M behind affordable housing
CalOptima Health, a Medicaid insurer in Orange County, Calif., is awarding $52.3 million in grants to 15 organizations for the creation of affordable and permanent supportive housing.
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5 things to know about Humana's next CEO
Humana CEO Bruce Broussard will step down from his role after a decade in 2024, and Envision Healthcare CEO Jim Rechtin will be his successor, the company said Oct. 11. -
MetroPlusHealth names chief marketing officer
MetroPlusHealth has named Laura Santella-Saccone as chief marketing and brand officer. -
Elevance Health cuts jobs as company confirms 'changes'
Former employees with Elevance Health, previously known as Anthem, and its subsidiaries have taken to social media regarding an unknown number of job cuts they say are occurring across the company. Elevance confirmed "recent changes" with Becker's. -
Texas extends Medicaid redetermination deadlines
Texas is granting some Medicaid beneficiaries an extra month to complete renewal paperwork.
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Virginia health system ending its Medicare Advantage plan
Fredericksburg, Va.-based Mary Washington Healthcare will not offer its Medicare Advantage plan in 2024, the Free Lance-Star reported Oct. 11. -
BCBS Michigan, Vermont receive green light for affiliation
Vermont regulators have approved Blue Cross Blue Shield of Vermont becoming a subsidiary of Blue Cross Blue Shield of Michigan. -
North Carolina's unique new Medicaid challenge
North Carolina is expanding its Medicaid program to an additional 300,000 people in December, but the state is facing unique enrollment challenges amid Medicaid redeterminations, The Washington Post reported Oct. 11. -
Envision CEO will be Humana's next top exec
Envision Healthcare president and CEO Jim Rechtin will be Humana's next CEO. -
Lawmakers are scrutinizing managed care
Federal lawmakers have been probing payers on a variety of issues in recent months, raising concerns on prior authorizations, Medicare Advantage costs, artificial intelligence and more. -
Push for Florida Medicaid disenrollment pause continues
Advocates are calling for Florida to pause Medicaid enrollments and reinstate coverage for eligible children, as the state defends itself against a potential class action lawsuit. -
Arkansas completes Medicaid redetermination speed run, disenrolls 370,000
Arkansas has completed its Medicaid unwinding process, one of the first states to do so. -
6 health systems launching Medicare Advantage plans
Some health systems may be dropping patients with Medicare Advantage plans, but others are continuing to expand into the MA market or are entering it for the first time in 2024. -
Cigna's Evernorth buys telehealth platform Bright.md
The Cigna Group's Evernorth Health Services is purchasing telehealth platform Bright.md for an undisclosed amount to enhance its existing virtual services through MDLive.
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