At least three major insurers are eliminating broker commissions for some Medicare Advantage plans.
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Aetna's SimplePay plan cut healthcare costs for employers while encouraging members to seek out higher quality care.
Tim McKnight has been named UnitedHealth Group's chief information security officer, according to a post on his LinkedIn page.
Open enrollment for individual plans on the ACA exchange begins Nov. 1.
From star rating lawsuits to a record antitrust settlement, here are eight lawsuits, settlements and legal developments involving payers that Becker's has reported since Oct. 3:
Texas will delay awarding Medicaid contracts until 2025, pausing a shakeup that could have led 1.8 million beneficiaries to switch plans, The Dallas Morning News reported Oct. 31.
Though he did not mention the deal directly, Cigna CEO David Cordani appeared to dismiss rumors of reignited merger talks with Humana and said the company was focused on share buybacks.
The Cigna Group posted a net income of $739 million in the third quarter of 2024, which included a non-cash after-tax investment loss of $1 billion related to VillageMD, according to its Oct. 31 financial report.
Humana is upping its investments in its Medicare Advantage star ratings performance, CEO Jim Rechtin said.
Payer executives are looking forward to investing in AI, improving equity and new care models in 2025.