Author: Jakob Emerson

The Cigna Group is buying back $3.2 billion in common stock through accelerated repurchase agreements with Deutsche Bank and Bank of America, the company announced Feb. 15. 

It's no secret that climate change is already affecting insurance markets in places like Florida — but the health insurance industry could be the next to face rising coverage costs as a result of a warming planet, The Wall Street…

UnitedHealthcare is seeking about 120 Medicaid employees in New Mexico, Albuquerque Business First reported Feb. 12.

BlueCross BlueShield of Tennessee was ranked 11th overall in Forbes' ranking of the 600 best large employers in America, and Excellus BlueCross BlueShield was ranked sixth among the best midsize employers.

UnitedHealth Group, Centene and Cigna have recently completed major divestitures of assets outside the U.S. as the companies focus on domestic growth or core business operations.

Elevance Health is laying off 90 employees at a facility in Dearborn, Mich., according to regulatory documents filed with the state Jan. 31. 

In 2024, Medicare Advantage plans must provide coverage for an inpatient admission when the admitting physician expects the patient to require hospital care for at least two midnights, otherwise known as the two-midnight rule.

The FTC has obtained a $195 million judgment in a Florida federal court against Simple Health Plans and its CEO Steven Dorfman for selling and enrolling members in "sham" health plans that "effectively left consumers uninsured and exposed to limitless…

A Virginia lawmaker has proposed new legislation that would expand health insurance coverage to undocumented residents under the age of 19. The bill passed in the Virginia Senate Feb. 13.

Elevance Health had the largest profit margin in the third quarter of 2023 among the leading Blue Cross Blue Shield companies, according to a February analysis by Mark Farrah Associates.