Tampa, Fla.-based WellCare Health Plans — a private Medicare and Medicaid managed care company — posted better-than-expected profit in the first quarter of 2015 as its Medicaid membership grew, according to The Wall Street Journal.
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More than 80 percent of visits to clinics run by CVS Health or Walgreens are now covered by insurance, according to The Wall Street Journal.
Four of the major health insurance companies in the U.S. released financial results this week.
Health insurer Cigna reported better-than-expected revenue growth in the first quarter of fiscal 2015, as the company benefitted from higher premiums and fees.
Health insurance giant Anthem has launched its first CareMore clinic in Cincinnati, according to a Cincinnati Business Courier report.
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Louisville, Ky.-based Humana today reported net income of $430 million for the first quarter of fiscal year 2015, up $62 million from the comparable period of 2014.
Health insurer Anthem reported net income of $865.2 million, or $3.09 per share, for the first quarter of fiscal 2015, up from $701 million, or $2.40 per share, a year earlier.
Insurance giant Assurant is exploring the sale of its employee benefits and health insurance business.
Health insurer Aetna reported net income of $777.5 million for the first quarter of fiscal 2015, up from $665.5 million for the comparable period of 2014.
National Heritage Insurance failed at times to report Medicare cost reports and reconcile outlier payments, according to a report from HHS' Office of Inspector General.