When asked for reason behind increasing health insurance premiums, payers frequently point to the rising cost of prescription drugs as one culprit, with insurers covering a larger share of prescription drug costs today than a decade ago.
The Latest
Honolulu-based nonprofit payer AlohaCare appointed Laura Esslinger CEO effective Dec. 1, according to Pacific Business News.
Sacramento, Calif.-based Sutter Health is in talks with Blue Shield, Cigna and Health Net regarding contract renewals for 2017, reports Santa Cruz Sentinel.
After seven news organizations objected to the sealing of testimonies given by Anthem and Cigna CEOs during their antitrust case last week, a judge ordered the transcripts — highlighting large disagreements over their proposed combination — be released Monday, reports The Wall Street…
Collaboration is the key to ensuring a successful payer-provider relationship. However, effective collaboration requires mutual understanding between both parties. When payers and medical providers understand each others' goals and compromise for the good of the patient, both parties benefit from…
Ahead of investor and analyst meetings Cigna plans to attend over the next several weeks, the Bloomfield, Conn.-based payer disclosed its full-year operating profits will surpass $2 billion, according to a Monday regulatory filing.
Voters in Arkansas, Florida, Montana and North Dakota this month approved initiatives legalizing the medical use of marijuana. A total of 28 states already or will soon permit medical use of the drug, while eight states have approved it for…
The following payers made headlines this week. They are listed below, beginning with the most recent.
The top executives from Anthem and Cigna testified to defend their proposed $54 billion combination from a U.S. Department of Justice antitrust lawsuit Tuesday, The Wall Street Journal reports.
To combat rocketing premiums on the individual market, America's most sparsely populated state agreed to earmark $55 million to fund healthcare costs for its sickest residents, according to The Wall Street Journal.