The nation's largest payers have filed their fourth-quarter earnings reports, revealing which recorded the largest revenues in 2023.
Payer
KLAS Research, a healthcare IT data and insights company, named its "Best in KLAS" payer tools for 2024.
Facing rising spending in Medicare Advantage, CVS Health lowered its 2024 earnings guidance.
The nation's largest payers have filed their fourth-quarter earnings reports, revealing which recorded the largest profits in 2023.
These are seven health insurance industry rebrands that have taken place since Jan. 1:
Advertisement
Insurers are reporting rising costs in the Medicare Advantage business but differ in their predictions of how these trends will affect their business in 2024.
On top of a home insurance crisis, Florida residents face higher than average health insurance premiums due to a growing senior population and limited competition in the insurance marketplace, Newsweek reported Feb. 6.
Centene lost more than 1.5 million Medicaid members through redeterminations year over year, but posted 88% enrollment growth in its marketplace segment, according to the company's earnings report published Feb. 6.
CMS' proposed Medicare Advantage rates for 2025 are lower than Humana predicted, the company said in a filing with the Securities and Exchange Commission Feb. 5.
A Johnson & Johnson employee is suing the New Brunswick, N.J.-based pharmaceutical giant for allegedly mismanaging workers' prescription drug benefits and violating its fiduciary duties under the Employee Retirement Income Security Act.