Billionaire Carl Icahn, an activist investor holding about 0.5 percent of Cigna, publicly opposed the health insurer's $54 billion bid for Express Scripts Aug. 7.
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Starting Aug. 6, Blue Cross and Blue Shield of Texas will no longer pay for out-of-network emergency room visits in which the insurer determines the patient should have sought treatment elsewhere, according to the Houston Chronicle.
The former president and CEO of Blue Cross and Blue Shield of Rhode Island received a seven-figure payout in 2017, despite having left the institution the previous year, WWLP-22 News reports.
UnitedHealthcare Medicare Advantage members can no longer access providers with the Aurora-based UCHealth University of Colorado Hospital and the University of Colorado School of Medicine, according to The Denver Post.
Aetna reported similar net income in the second quarter of fiscal year 2018 compared to the same period a year prior, boosted by the sale of its domestic group life and disability insurance, and absence management businesses.
Cigna reported strong results in the second quarter of fiscal year 2018.
Carl Icahn, an activist investor, intends to vote against Cigna's proposed $54 billion takeover of Express Scripts, according to The Wall Street Journal.
The Trump administration released a final rule for short-term health plans Aug. 1.
California's insurance commissioner asked the Department of Justice to sue to block CVS Health's $69 billion takeover of Aetna, according to an Aug. 1 announcement.
Humana will consider ways to expand its relationship with Walmart, the health insurer's CEO said during an Aug. 1 earnings call, according to Reuters.