Over the past 15 years, Blue Cross and Blue Shield of Kansas has donated almost $3 million to various organizations, according to WIBW.com. But this year marked a new accomplishment.
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Minnetonka, Minn.-based UnitedHealth Group is acquiring its 32nd hospital in Brazil for an estimated cost of approximately $350 million, according to the Minneapolis/St. Paul Business Journal.
Minnetonka, Minn.-based insurer UnitedHealth Group does not plan to pay broker commissions on the sale of individual health plans in many states where it participates in the health insurance marketplace, according to the Minneapolis/St. Paul Business Journal.
Cigna is losing money on its Affordable Care Act marketplace plans, but the Bloomfield, Conn.-based insurer remains committed and is not considering pulling out of the exchanges, unlike UnitedHealthcare.
Payers and healthcare providers were traditionally seen as having conflicting goals — payers wanted to cut expenses, while providers wanted to provide quality care regardless of cost. However, as the healthcare industry evolves and implements outcomes-based payment models, health insurers…
By 2018, Blue Cross Blue Shield of Michigan will cut $300 million in costs, according to Crain's Detroit Business.
University of Iowa Hospitals and Clinics in Iowa City, UnityPoint Health in Des Moines, Iowa, and Genesis Health System in Davenport, Iowa, have agreed to Medicaid managed care contracts, according to office of Gov. Terry Branstad.
Shareholders of Anthem and Cigna overwhelmingly approved the merger of the two health plans during a special shareholder meeting on Thursday.
Kentucky's Republican senate leaders said they will not prevent the $250 million in state funding needed to pay for the state's Medicaid expansion program, according to The Associated Press.
Last month, New York-based insurer Oscar Health sent a letter that notified brokers of adjusted commission rates beginning in February, according to Crain's New York Business.