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Artificial intelligence has the potential to lower internal and member costs for insurers while also increasing profits, but the industry has largely not embraced these opportunities, according to a June 5 analysis from McKinsey.

California improperly used $52.7 million in federal Medicaid funds to pay for nonemergency care for Medicaid recipients without legal status, according to an audit from HHS' Office of Inspector General. 

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A federal appeals court ruled that a lower court did not abuse its broad discretion by granting Cigna a request for a preliminary injunction barring a former executive from taking a job at CVS Health while a lawsuit over her…

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