In January, some Blue Cross Blue Shield companies planned layoffs and buyouts to combat rising costs.
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Insurance CEOs hired police in multiple states to provide security and conduct checks at their homes following the fatal shooting of UnitedHealthcare CEO Brian Thompson in late 2024, the Washington Post reported Jan. 29
Cigna's board of directors declared a $1.51 per share cash dividend to be paid March 20.
Portland-based Oregon Health & Science University will go out of network with UnitedHealthcare if the two sides are unable to reach a new contract agreement by March 31, Willamette Week reported Jan. 30.
A federal judge has partially dismissed a lawsuit filed by a former Johnson & Johnson employee alleging that the pharmaceutical giant mismanaged its employees’ prescription drug benefits, thereby violating its fiduciary duties under the Employee Retirement Income Security Act.
The sale of Cigna's Medicare Advantage business to Health Care Service Corp. has been approved by all federal regulators, according to The Cigna Group CFO Brian Evanko.
Independence Health Group CEO Gregory Deavens plans to retire at the end of 2025.
Aetna, Blue Shield of California and Centene's Health Net have launched a shared, value-based payment model for reimbursing primary care physicians in California.
Centene and CVS Health had the highest rates of prior authorization denials in 2023, according to a report from KFF.
The Cigna Group saw a 34% decline in profits year over year as the company faces rising costs within its insurance business, according to its fourth quarter earnings report published Jan. 30.