Devoted Health, a startup Medicare Advantage plan, raised $175 million in series E funding.
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McKinsey and Company agreed to pay $78 million to health plans to settle allegations the consulting firm helped Purdue Pharma create misleading advertising campaigns for opioids, The Hill reported Dec. 30.
In July, Reps. Michael Burgess, MD, and Vicente Gonzalez, both of Texas, introduced gold-card legislation that would exempt qualifying providers from prior authorization requirements for Medicare Advantage plans.
From the start of Medicaid redeterminations to short-lived megamergers, these are the 10 most read health insurance stories reported by Becker's in 2023:
From CareFirst suing Johnson & Johnson over alleged anticompetitive biosimilar tactics to Humana accused of using an AI tool to wrongfully deny Medicare Advantage claims, here five lawsuits, settlements and legal developments involving payers that Becker's has reported since Dec.…
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HHS urged nine states to do more to keep eligible children enrolled in Medicaid, and more states are considering Medicaid work requirements.
In 2023, Humana announced plans to end its commercial insurance business, named its next CEO and saw a planned merger with Cigna fall through.
From the continued slow start of Georgia's program to the Kansas governor's "middle of the road" proposal, here are four state Medicaid work requirement updates Becker's has reported on since Dec. 19:
Elevance Health named new leadership, planned acquisitions and settled lawsuits in 2023.
From expanding its Medicare Advantage offerings to cutting 20% of prior authorization requirements, these are the 10 most read stories about UnitedHealth Group published by Becker's in 2023: