Health Care Service Corp., the nonprofit parent company of five Blue Cross Blue Shield health plans, posted net income of $4.1 billion in fiscal year 2018, according to financial documents.
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The CEO of nonprofit Blue Cross Blue Shield of Michigan received $19.2 million in total compensation in 2018 — a record for the health insurer, according to the Detroit Free Press.
Blue Cross and Blue Shield of Minnesota's parent company, Stella, named two leaders to its health IT and analytics operations.
Enrollment in the Children's Health Insurance Program and child-focused Medicaid programs declined almost 600,000 in the first 11 months of 2018, according to an analysis from Stateline, part of Pew Charitable Trusts.
Older adults in rural areas particularly face affordability challenges when purchasing policies off the ACA marketplace, according to a brief from the Kaiser Family Foundation.
Humana CEO Bruce Broussard made 231 times what an average employee at the health insurer did in 2018, according to a recent proxy statement filed with the Securities and Exchange Commission.
Blue Cross Blue Shield companies weighed increasing a breakup fee for a proposed Anthem-Cigna deal to as high as $10 billion, according to Law360.
Some health plans like Blue Cross Blue Shield of North Carolina's "My Choice" policies and Minnesota startup Bind Benefits are eliminating annual deductibles and having members negotiate their own claims in an effort to curb medical spending, according to NPR.
Anthem doesn't plan to acquire a large amount of physicians like rival health insurer UnitedHealth Group, according to Forbes contributor Bruce Japsen.
In October 2017, Anthem unveiled plans to establish an in-house pharmacy benefits manager called IngenioRx. Now, amid increasing public scrutiny of PBMs, executives at the Indianapolis-based insurer are promising a much more consumer-friendly, transparent experience, according to Bloomberg.