From asking its shareholders to approve a reverse stock split, to two states publicly stating they're in direct control of its financial operations, here are eight updates on Bright Health, Becker's has reported since Feb. 1:
Payer
UnitedHealth Group is the most innovative payer in 2023, according to Fortune.
CMS finalized its Medicare Advantage rates for 2024, and the final rule includes a slew of changes in coding and risk adjustment rates.
Blue Cross and Blue Shield of Minnesota brought in $14.1 billion in revenue in 2022, with an operating income of $187 million for the year.
Elevance Health CEO Gail Boudreaux was paid $20.9 million in total compensation in 2022, according to regulatory filings the company published March 31.
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Centene and healthcare administration company Evolent Health expanded their partnership for oncology specialty care.
New Jersey had the highest annual household spend on health insurance in 2022, according to an analysis from ValuePenguin.
CMS has published its Medicare Advantage final rate notices for 2024, and some retirees are pushing back on New York City's MA plan for city employees.
Monthly health insurance premiums for ACA benchmark plans increased by an average of 3.4 percent in 2023, reversing a national trend from 2019 to 2022, according to an April 3 report from the Robert Wood Johnson Foundation.
The Biden administration appealed a federal Texas judge's ruling that struck down an ACA provision that requires insurance companies to provide coverage for preventive services such as certain cancer screenings and HIV prevention drugs, CNBC reported March 31.