Chicago-based Health Care Service Corp., the umbrella company of five Blue Cross and Blue Shield plans, reported a $1.26 billion surplus in 2017, turning around three years of losses and modest growth, Crain's Chicago Business reports.
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Cigna will phase out 50 positions at an office in Hooksett, N.H., WMUR 9 reports.
Albuquerque-based New Mexico Heart Institute, one of the state's largest cardiology practices, terminated its contract with Presbyterian Health Plan — a move that will affect about 3,000 patients, the Albuquerque Journal reports.
The U.S. Court of Federal Claims granted class-action status for a health insurer's lawsuit against the U.S. government over its decision to end cost-sharing reduction payments, which helped insurers subsidize the cost of coverage for low-income Americans.
The payment landscape is undergoing profound changes as a greater burden of healthcare costs move from insurers to patients.
Aetna is adding more than 250 jobs at its Wellesley, Mass.-based consumer health and services offices, The Boston Globe reports.
Blue Cross and Blue Shield of Illinois can no longer enroll members in the state's overhauled managed care Medicaid program, according to Crain's Chicago Business.
Humana added a second specialty bundled payment initiative to its value-based care program: a maternity episode-based model.
Cigna confirmed it will undergo Department of Justice scrutiny as it attempts to acquire Express Scripts for $54 billion, according to a Bloomberg report.
Aetna will realign its business segments as it gears up for a pending $69 billion merger with CVS Health.