Medical costs for 2023 may be higher than CVS Health projected, CFO Thomas Cowhey said.
Payer
Alignment Health is beginning 2024 with 155,000 Medicare Advantage members.
Mark Cuban's Cost Plus Drug Co. announced a new partnership Jan. 9 with startup insurance provider Sidecar Health.
Idaho is the latest start considering Medicaid work requirements, the Idaho Capital Sun reported Jan. 9.
Walgreens will pay Humana $360 million to settle a lawsuit alleging the pharmacy inflated its drug prices.
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CMS is terminating Chicago-based Zing Health's Medicare Advantage prescription drug plan at the end of 2024 following three consecutive years of star ratings below three stars.
Managed Medicaid and Medicare Advantage insurers economically lagged behind other payers and the wider market in 2023, according to a Jan. 5 analysis from S&P Global Market Intelligence.
Recent research on Medicare Advantage has tracked competition in local markets and investigated the rates of biosimilar drug uptake in both MA and traditional Medicare.
Aetna President Brian Kane said CVS Health is still in the "early innings" of integrating the payer into the company, the Hartford Business Journal reported Jan. 8.
From accusing two former executives of stealing trade secrets to selling its health insurance and hospital operations in Brazil, here are 12 updates on UnitedHealth Group Becker's has reported since Dec. 12: