Clover Health posted a $28 million profit for the second quarter of 2026, according to a recent earnings filing. During the same period last year, Clover logged a $10.6 million loss. The company had its first profitable quarter in 2024.…
Financial
Oscar Health’s membership as of June 30 was 2,963,002, up from 2,027,148 at the same time in 2025. The company reported net income of $361.8 million for the second quarter of 2026, up from a $228.4 million loss during the…
In 2025, 73% of health plans had an operating loss, up from 70% in 2024 and 54% in 2023. While 42% of health plans grew their operating margin from 2024, and 16% with losses in 2024 became profitable the following…
Payers and for-profit health systems alike are feeling the fallout from changes to the ACA environment, according to second-quarter 2026 earnings. Centene’s exchange membership fell by more than 2 million, Cigna announced plans to exit ACA exchanges entirely in 2027,…
Blue Cross of Idaho is caught in the middle as the trust responsible for covering schools’ benefits confronts a shortfall. A letter from the Idaho School Benefit Trust informed participating schools and districts of “extremely high” medical claims during the…
CVS Health brought in nearly $3 billion in profit for the second quarter of 2026, up from $1 billion during the same period in 2025. Total revenue was $106.1 billion for the quarter, a 7.3% year-over-year increase. The company lifted…
Group health insurers are being pushed harder than ever to deliver speed, accuracy, and value, often while working with fragmented data and highly variable claim patterns. Underwriters are expected to answer tougher questions, in less time, with greater precision. The…
Alignment Healthcare grew its membership 31.5% year over year to just over 294,000, the Medicare Advantage insurer said in its second quarter earnings posted July 30. Total revenue was $1.3 billion, a 31.6% increase year over year. Net income was…
The No Surprises Act, passed in 2020 and implemented in 2022, was designed to protect patients from unexpected out-of-network medical bills. It also established the federal independent dispute resolution (IDR) process, allowing out-of-network providers and health plans to resolve payment…
Blue Cross Blue Shield of Michigan is moving more than 1,400 employees from its Detroit office in the Renaissance Center to other facilities downtown, the company told Becker’s July 30. “The move will improve the workplace experience for our employees,…
