Community health plans could be facing hundreds of millions in losses in Medicaid this year due to inadequate state payment rates, according to the Alliance of Community Health Plans.
Payer
Elevance Health executives say financial challenges in its Medicaid business will be temporary.
The chairman of the Senate Finance Committee is seeking more answers from UnitedHealth Group CEO Andrew Witty regarding the February cyberattack against its Change Healthcare subsidiary, the Washington Post reported Oct. 17.
Elevance Health posted $1 billion in net income during the third quarter, a 21% decrease compared to the same period last year, according to the company's earnings report published Oct. 17.
Aetna has launched SimplePay Health, a health plan with no deductibles and exact costs for covered services.
Four insurers have been named the best Medicare Part D carriers for 2025 by U.S. News & World Report.
Four insurers have been named the best Medicare Advantage carriers for 2025 by U.S. News & World Report.
Changes from the Inflation Reduction Act are one factor driving up medical costs for UnitedHealth Group.
UnitedHealth Group posted nearly $6.1 billion in net income during the third quarter of 2024, a 3.7% increase year over year.
The Blue Cross Blue Shield Association, along with the 33 independent BCBS companies, have agreed to pay $2.8 billion to settle antitrust claims from healthcare providers, marking the largest settlement of its kind in the healthcare industry.
