Cigna's board of directors announced Feb. 28 a $450 million investment in Cigna Ventures, the payer's investment arm, which it will use to support health startups, according to eMarketer.
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UnitedHealthcare is shifting its claim payments toward digital reimbursement, effective June 1.
While 1 in 5 consumers disenroll from their insurance every year, the payers whose enrollment steadily grows the most are those that invest in long-term health, according to a study published Feb. 24 in JAMA Network Open.
El Segundo, Calif.-based Sidecar Health, a payer that advertises members paying provider's cash prices, is expanding into Illinois, achieving a coverage milestone.
Clover Health named Conrad Wai as the payer's chief technology officer, the company announced March 1.
Bright Health Group announced March 1 that Matt Manders, former president of Cigna's government and solutions arm, has joined its board of directors.
BlueCross BlueShield of Texas and Memorial Hermann failed to renew their network contract Feb. 28, forcing the region's largest health system out of network for 100,000 members, according to the Houston Chronicle.
Both of Wyoming's legislative chambers attempted to expand Medicaid as part of the state's 2023-24 budget, but efforts failed, according to a Feb. 28 Sublette Examiner report.
A federal judge in New York denied Anthem's motion to dismiss a lawsuit over its mental health coverage criteria, according to a Feb. 24 ruling.
Humana is rolling out Kindred at Home as CenterWell Home Health, an arm under its payer-agnostic brand, CenterWell.