Four of the major health insurance companies in the U.S. released financial results this week.
Author: Staff
Health insurer Cigna reported better-than-expected revenue growth in the first quarter of fiscal 2015, as the company benefitted from higher premiums and fees.
Louisville, Ky.-based Humana today reported net income of $430 million for the first quarter of fiscal year 2015, up $62 million from the comparable period of 2014.
Health insurer Anthem reported net income of $865.2 million, or $3.09 per share, for the first quarter of fiscal 2015, up from $701 million, or $2.40 per share, a year earlier.
Insurance giant Assurant is exploring the sale of its employee benefits and health insurance business.
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Health insurer Aetna reported net income of $777.5 million for the first quarter of fiscal 2015, up from $665.5 million for the comparable period of 2014.
Blue Cross and Blue Shield companies are launching a private health insurance exchange for Medicare-eligible retirees this summer.
L.A. Care Health Plan, the largest publicly run health plan in the nation, has partnered with PayNearMe to allow its L.A. Care Covered members to pay their monthly health insurance premiums with cash at 683 locations throughout Los Angeles County,…
New York City-based Oscar Health announced it has raised $145 million in funding, and has reached a $1.5 billion valuation, according to Wired.
UnitedHealth Group, the largest health insurer in the U.S., reported its revenue increased by 13 percent in the first quarter of fiscal 2015 to $35.8 billion.