BCBS companies collectively reported an average medical loss ratio of 90.2% in the first half of 2023, according to an Oct. 24 report from Fitch Ratings shared with Becker's.
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New York Gov. Kathy Hochul has appointed Tonya Webster to serve as the state's first chief customer experience officer.
Centene is adding a new member to its executive leadership team, with Susan Smith set to become COO Jan. 1.
Kate Goodrich, MD, chief medical officer of Humana, is leading a companywide initiative to improve members' health literacy.
The Cigna Group's board authorized the company to pay a cash dividend of $1.23 per share on Dec. 21 to all shareholders of record as of the close of business Dec. 6, according to an Oct. 25 Cigna news release.
A federal judge upheld a $2.7 billion settlement agreement resolving allegations Blue Cross Blue Shield Association members engaged in anti-competitive actions to drive up costs.
BCBS companies collectively reported $7.5 billion in net income in the first half of 2023, according to an Oct. 24 report from Fitch Ratings shared with Becker's.
The proportion of people with employer-sponsored insurance enrolled in high-deductible health plans is similar to five years ago, according to KFF's employer health benefits survey published Oct. 18.
Centene reported $469 million in profit in the third quarter of 2023 and is adding new executives.
The Better Medicare Alliance is recommending a set of policies to Congress and CMS to improve prior authorization, behavioral health access, equity and more in the program.