From the release of its first-quarter earnings, to launching new Medicare Advantage special needs plans, here are eight updates about Humana that Becker's has reported since April 20:
Payer
Federal Medicaid work requirements could cost states up to $10.3 billion each year if they chose to maintain coverage for people no longer federally eligible for the program, according to an analysis from Kaiser Family Foundation.
Alignment Healthcare upped its year-over-year revenue and improved on losses in the first quarter of 2023.
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.
