Author: Rylee Wilson

Legislation that would allow Blue Cross and Blue Shield of North Carolina to reorganize, adding a nonprofit parent holding company, is moving ahead in the state's House of Representatives. 

Elevance Health CEO Gail Boudreaux was paid 383 times more than the company's median employee in 2022. 

Insurer groups say hospitals are to blame for higher costs of specialty drugs, while hospitals say the problem stems from drug manufacturers and pharmaceutical benefit managers. 

Centene posted $1.1 billion in profit in the first quarter of 2023 in its earnings report filed April 25. 

Pharmaceutical benefit managers are often choosing higher-priced options as biosimilar competitors to Humira hit the market, Bloomberg reported April 26. 

Humana posted a 33 percent increase in profits year over year and added more than 500,000 Medicare Advantage members in the past year, according to its first-quarter earnings posted April 26. 

The North Carolina Department of Insurance is suspending new enrollment in Friday Health Plans. 

A lack of data about Medicare Advantage plans means there are several unanswered questions about the program, according to an analysis from the Kaiser Family Foundation. 

Centene exited 103,585 square feet of office space in Creve Coeur, Mo., earlier this year, the St. Louis Business Journal reported April 24. 

AHIP launched a new advertising campaign blaming drug manufacturers for rising drug costs.