Anthem has entered into a definitive agreement to acquire rival health insurer Cigna in a cash and stock transaction valued at $54.2 billion.
Payer
The following insurers made headlines in the past two weeks. They are listed below, beginning with the most recent.
Anthem announced that it has reached terms to buy Cigna. Earlier this month, Aetna inked a deal to acquire Humana. These two mergers involve four of the five largest payers in the nation and will greatly shift the healthcare landscape.
Former Georgia Insurance Commissioner John Oxendine has filed a lawsuit claiming Blue Cross and Blue Shield of Georgia overcharged consumers for their premiums at the same time it was cutting payments to physicians who were outside of its coverage network,…
Following news of the hallmark acquisition of Humana by Aetna, many observers' first thought — and concern — is this kind of consolidation is a bad thing, as it will inevitably lead to less competition and higher prices. However, some…
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CMS levied fines totaling $755,795 on six Medicare Advantage providers this week for giving inaccurate information about costs and benefits to policyholders.
California officials have found health insurance giant Aetna's premium increases on small businesses unreasonable for the fourth time since 2013, according to a Los Angeles Times report.
Long Beach, Calif.-based Molina Healthcare and MyCare Chicago announced Wednesday an agreement for Molina Healthcare of Illinois to acquire the assets of some of MyCare Chicago's Medicaid business.
UnitedHealth Group has released promising numbers for the second quarter of fiscal year 2015.
The average provider network for plans offered on the health insurance exchanges under the Affordable Care Act include 34 percent fewer providers than the average commercial plan offered outside the exchanges, according to a new analysis from healthcare advisory services…