Humana reported a 27 percent dip in 2021's profits year over year, prompting an initiative set to generate $1 billion in value through streamlined productivity and cost savings.
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UnitedHealthcare has reprocessed 1.6 million COVID-19 vaccination claims that shortchanged providers, according to a Jan. 20 congressional report from Sen. Bob Casey, D-Pa.
Long hold times, crashing websites and mailing delays are aspects of a crumbling technology infrastructure that is plaguing government-supported health insurance programs, according to an NPR report.
Payers including Anthem, Cigna and CVS Health contributed to a pool of nearly $300,000 in donations to Sen. Joe Manchin, D-W.Va., following his swing vote blocking President Joe Biden's $1.75 trillion Build Back Better spending package, according to CNBC.
Oscar Health is expecting its premiums to have grown 80 percent year over year by the middle of the year, the payer said during an update to its 2022 outlook.
Florida Blue parent company GuideWell finalized its acquisition of Puerto Rico-based Blue Cross Blue Shield affiliate Triple-S Management Corp., according to a news release shared with Becker's.
The American Medical Association is calling on members of Congress to act on "repeated failures" of health insurers to comply with substance use and mental health parity regulations over the past 15 years.
Lawmakers did not vote by its Jan. 31 deadline on a California Assembly bill that would establish universal healthcare in the state, killing the bill, according to the Los Angeles Times.
Evernorth is adding mental healthcare provider Meru Health to its national network, building on a limited relationship established in 2020.
Blue Cross and Blue Shield of Minnesota announced a tentative $28 million settlement with Vyera Pharmaceuticals and parent company Phoenixus AG following a lawsuit that accused the companies of monopolizing the Daraprim drug market.
