Bright Health has closed the sale of its last insurance business to Molina Healthcare.
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Devoted Health, a startup Medicare Advantage plan, raised $175 million in series E funding.
McKinsey and Company agreed to pay $78 million to health plans to settle allegations the consulting firm helped Purdue Pharma create misleading advertising campaigns for opioids, The Hill reported Dec. 30.
Cigna and Raleigh, N.C.-based WakeMed have agreed to a two-year contract.
A new CMS rule aiming to streamline Medicare Advantage and Part D prior authorizations took effect Jan. 1.
UnitedHealthcare and Greenville, S.C.-based Prisma Health went out of network Jan. 1 after the two sides failed to reach a new agreement.
New requirements for payers under CMS' Transparency in Coverage rule took effect Jan. 1.
In July, Reps. Michael Burgess, MD, and Vicente Gonzalez, both of Texas, introduced gold-card legislation that would exempt qualifying providers from prior authorization requirements for Medicare Advantage plans.
UnitedHealth Group will sell its health insurance and hospital operations in Brazil to a private investor for an undisclosed amount, the company said in regulatory documents filed Dec. 29.
From the start of Medicaid redeterminations to short-lived megamergers, these are the 10 most read health insurance stories reported by Becker's in 2023: