Humana had the largest Medicare Advantage membership growth in the second quarter of 2023, and UnitedHealthcare continues to have the largest member base, according to the companies' earnings reports.
Payer
The uninsured rate hit a record low of 7.7 percent in the first quarter of 2023, according to data published Aug. 3 by the CDC.
UnitedHealth Group is the 10th largest company in the world by revenue, according to Fortune's "Global 500" list.
From the labor department suing over emergency claims denials, to releasing details of its planned 20 percent reduction in prior authorization requirements, here are 10 updates about UnitedHealth Group Becker's has reported since July 12.
The Cigna Group raised its year-end revenue projections to $190 billion and reported a 6 percent decrease in shareholders' net income, according to the company's second quarter earnings published Aug. 3.
Health Partners Plans will rebrand as Jefferson Health Plans, beginning with its Medicare plans in 2024.
Higher utilization is putting pressure on Medicare Advantage medical cost ratios and will likely continue through the end of 2023, executives from CVS Health and Humana told investors.
Medica is expanding to seven counties in Illinois through a collaboration with Peoria, Ill.-based OSF Healthcare.
Providers and public health experts are concerned that Medicaid redeterminations could hamstring efforts to combat the opioid epidemic, Politico reported Aug. 1.
A large number of Medicaid enrollees, especially seniors, say their health plan has not reached out about how to renew coverage amid redeterminations, according to a new survey.
