Payer

Blue Shield of California lost $910 million in 2022 as medical costs rose, according to the company's 2022 annual report. 

Medicare improperly paid for over half a billion dollars in psychotherapy services, including telehealth, during the first year of the COVID-19 pandemic, an audit from HHS' Office of Inspector General found. 

The Cigna Group beat investor expectations and reported a 10 percent growth in membership year over year, according to the company's first quarter earnings published May 5.

As Medicaid redeterminations take place nationwide, some states have been terminating coverage for more than a month, including Arizona.

Maryland Gov. Wes Moore on May 3 signed a bill into law that will expand Medicaid coverage for gender-affirming treatments. 

Minnesota has ordered Salvasen Health to cease all operations in the state and fined the company $553,000 for selling unapproved health plans without a license.

L.A. Care Health Plan and Health Net said May 3 they are investing $114 million into initiatives aimed at addressing homelessness and housing insecurity as social determinants of health in Los Angeles County.

Ten providers recently posted job listings seeking leaders in payer contracting and relations.

Humana is launching new Medicare Advantage special needs plans with Longevity Health Plan in South Carolina and Georgia. 

Proposed legislation would make Illinois the latest state to operate its own ACA exchange.