A Minnesota federal judge has given preliminary approval to UnitedHealth's agreement to pay $69 million to settle a class-action lawsuit alleging the company prioritized its business relationship with Wells Fargo over concerns that its 401(k) plan contained low-performing target-date funds.
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GuideWell, the parent company of Florida Blue, is laying off 3% of its workforce across 29 states, First Coast News reported Jan. 22.
Banner|Aetna has named Victoria Coley as CEO.
Blue Cross and Blue Shield of Vermont is sounding the alarm about the escalating financial challenges facing the state's healthcare system, noting that "the cost surge was unrelenting through 2024."
Colorado's employee health plan will drop coverage in July for GLP-1s prescribed to treat obesity in an effort to cut costs, the Colorado Sun reported Jan. 23.
Almost every state has completed the unwinding of Medicaid continuous coverage, but the process is still causing problems for insurers.
Elevance Health has "many areas of interest" when it comes to future acquisitions Carelon President and Elevance Executive Vice President Peter Haytaian told investors.
An Indiana lawmaker has reintroduced legislation that would cap all prior authorization rates at 1%, the Indiana Capital Journal reported Jan. 23.
CMS' proposed Medicare Advantage rates for 2026 are moving in the right direction, but still "insufficient" to cover rising costs in the program, according to Elevance Health executives.
UnitedHealth Group has chosen a new CEO to lead its insurance business, following the fatal shooting of former UnitedHealthcare CEO Brian Thompson late last year.