More insurance brokers said they would enroll in traditional Medicare over Medicare Advantage, according to a report published Feb. 28 by the Commonwealth Fund.
Author: Rylee Wilson
Bright Health Group reported a net loss of $668.6 million in the fourth quarter of 2022 and shed doubt about the company's future ability to continue operating.
Humana will price a $1.25 billion senior note offering, the company's second senior note offering since November.
CMS has launched more than 50 savings model programs since the agency's innovation center was created in 2010, according to the Center for Medicaid and Medicare Innovation's 2022 Report to Congress.
Clover Health improved on its loss margins in 2022, posting a $84 million loss in the fourth quarter of 2022, down from a $187.2 million loss in the fourth quarter of 2021.
Medicare Advantage plans grossed $1,730 per enrollee in 2021, far exceeding margins for individual, group and Medicaid markets, according to Kaiser Family Foundation.
Site-neutral payment policies under Medicare could save $471 billion over 10 years for the federal government and in premiums and out-of-pocket costs, the Blue Cross Blue Shield Association said in a new report published Feb 28.
Elevance Health agreed to pay $2.5 billion for Blue Cross and Blue Shield of Louisiana, its first state Blue Cross Blue Shield acquisition in over 15 years, Bloomberg reported Feb. 27.
Idaho dropped nearly 10,000 people from its Medicaid program during the COVID-19 public health emergency, a move federal officials say was improper, NPR and Kaiser Health News reported Feb. 27.
UnitedHealth Group's Board of Directors is made of a wide range of former business executives, top medical leaders, and voices from tech and other industries.
