The Cigna Group raised its year-end adjusted income from operations to at least $29.60 per share, according to the company’s first quarter earnings published May 2. Total revenues in the first quarter were $65.5 billion, up 14% year over year.…
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Facing a $200 million loss in 2024, Bloomington, Minn.-based HealthPartners is scaling back its health plan operations, the Minnesota Star-Tribune reported April 30. As of April 1, HealthPartners has exited Minnesota’s Special Needs Basic Care Medicaid program, per the Star-Tribune.…
A group of New York state employees is suing Carelon Behavioral Health, alleging the health benefits provider knowingly maintained inaccurate directories of mental health providers, referred to in the lawsuit as “ghost networks.” In a proposed class-action lawsuit filed in…
Novo Nordisk and Humana’s CenterWell Pharmacy are expanding their GLP-1 partnership to further increase access to Wegovy through direct-to-patient delivery and telehealth services. Telehealth providers Hims & Hers Health, LifeMD, and Ro will work directly with NovoCare to prescribe Wegovy…
Health insurers face “relatively modest short-term effect from tariffs,” according to an April 28 brief from Fitch Ratings. The short-term effects could change though depending on how long tariffs last and the industries they apply to, and insurers could face…
Aetna will exit the individual ACA exchange market in 2026, citing continued underperformance. CVS Health reported its first quarter earnings May 1. On a call with investors, CEO David Joyner said the company determined there is “not a near or…
CMS is considering proposals that would cut the number of procedures that are subject to prior authorization, Bloomberg reported April 29. Five things to know: 1. People familiar with the discussions told Bloomberg that CMS is exploring making prior authorization…
Humana recorded a net income of $1.2 billion in the first quarter of 2025, up from a net income of $741 million during the same period last year, according to its April 30 financial report. Total revenue for the three…
Elevance Health will remove most of its Anthem Medicare Advantage plans from online broker platforms. According to a message sent to brokers, Anthem said most of its standard Medicare Advantage plans will be removed from online broker platforms May 1.…
Cigna Group Executive Vice President and Global CIO Noelle Eder will depart the company for a role at London-based international banking group Standard Chartered. Ms. Eder’s resignation from Cigna is effective May 16, according to an April 22 filing with…