Today's Top 20 Stories
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2 payers among the 'most just' companies
The Cigna Group and Elevance Health were ranked in the top 10 on Just Capital and CNBC's ranking of the "most just" companies. -
CMS' 2025 Medicare Advantage rates lower than expected, Humana says
CMS' proposed Medicare Advantage rates for 2025 are lower than Humana predicted, the company said in a filing with the Securities and Exchange Commission Feb. 5. -
J&J worker accuses employee health plan of drug benefits mismanagement
A Johnson & Johnson employee is suing the New Brunswick, N.J.-based pharmaceutical giant for allegedly mismanaging workers' prescription drug benefits and violating its fiduciary duties under the Employee Retirement Income Security Act.
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BCBS Massachusetts launches reproductive clinical team, expanded services
Blue Cross Blue Shield of Massachusetts is launching a set of new initiatives aimed at ensuring access to reproductive care services. -
BCBS Arizona, Dignity Health split
Blue Cross Blue Shield of Arizona is out of network with San Francisco-based Dignity Health's Arizona locations as of Feb. 1. -
Employee arrested for making threats after Medica layoffs
A former Dean Health Plan employee was arrested for making threats after being laid off from his job, according to a Madison, Wis. police incident report. -
Complaint filed with FTC over Deloitte's Medicaid eligibility software
A software Texas uses to process Medicaid renewals is not working accurately, causing people to be wrongfully disenrolled from the program, advocates allege.
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Cigna isn't done with Medicare
Cigna is selling its Medicare plans, but Evernorth, its health services arm, is still in the business. -
$12M Medicaid expansion campaign launches in Florida
A campaign to put a Medicaid expansion proposal to Florida voters is underway, the Tallahassee Democrat reported Feb. 1. -
Judge rejects proposed class-action challenge to BCBS, Elevance deal
A Louisiana judge rejected a proposed class-action lawsuit seeking to block the current terms of the proposed sale of Blue Cross Blue Shield of Louisiana to Elevance Health, nola.com reported Feb. 1. -
After called-off merger, Humana, Cigna double down on Medicare strategies
After a called-off merger between Humana and Cigna, executives at both companies say they are focused on staying on their existing courses.
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Cigna posts $1B profit in Q4
The Cigna Group is projecting $235 billion in revenue by the end of 2024 and recorded double-digit growth in the fourth quarter across its core lines of business at Evernorth Health Services and Cigna Healthcare, according to the company's year-end earnings report published Feb. 2. -
3 Blues plans becoming providers
As the nation's largest insurers have evolved, several Blue Cross Blue Shield companies are following suit and becoming providers as well. -
Florida Blue adds Medicare-focused primary care center
Florida Blue has opened a primary care center for Medicare beneficiaries and Florida Blue members over 50. -
Louisiana physicians vote 'no' on Elevance-BCBS deal
The Louisiana State Medical Society has voted against the proposed sale of Blue Cross Blue Shield of Louisiana to Elevance Health. -
Mississippi prior authorization bill makes 2nd go-round, but governor has other plans
The Mississippi Senate has advanced an updated version of a prior authorization bill that was vetoed by the governor last year, but this version's chances of being signed into law remain unlikely, the Magnolia Tribune reported Jan. 31. -
Cigna's Medicare sale 'clears path' for M&A
Cigna's plan to sell its Medicare business to Health Care Service Corp. is clearing a path for future mergers and acquisitions, according to S&P analysts. -
15 sentenced in California for $40M health insurance fraud scheme
The last of 15 defendants have been sentenced in Santa Clara, Calif. for their roles in a $40 million statewide insurance scam involving "overpriced and unneeded" telehealth prescriptions and medical devices. -
CMS proposes Medicare Advantage rate cut
CMS proposed a slight decrease in Medicare Advantage benchmark payments for 2025. -
6 payers among Fortune's most admired healthcare companies
Six payers are among Fortune's annual list of the World's Most Admired Companies.
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