Eighteen insurers have exited Medicare Advantage markets for 2025, with more than 1.8 million people currently enrolled in plans that will not exist next year, according to OliverWyman.
Payer
Centene is the latest insurer challenging CMS' Medicare Advantage star ratings in court.
Cigna's board of directors declared a $1.40 per share cash dividend to be paid on Dec. 19.
From renewed talks of a potential merger with Cigna to filing a lawsuit against CMS over its 2025 star ratings, here are 10 updates on Humana that Becker's has reported since Aug. 16:
UnitedHealth Group reached a $20.25 million settlement with the U.S. Department of Labor on Feb. 7, resolving allegations that its subsidiary, UMR, improperly denied claims for emergency room visits and urinary drug screenings for thousands of patients.
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Oscar Health is rolling out new plans for 2025.
Blue Cross Blue Shield companies are launching new products, reforming internal processes, and facing big industry challenges.
Blue Shield of California is partnering with Salesforce on a new platform solution that aims to make prior authorization simpler and faster.
Ten providers recently posted job listings seeking leaders in payer contracting and relations.
Several insurers are disputing CMS' Medicare Advantage star ratings.