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.
Payer
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.
CVS Health, parent company of Aetna, posted $2.1 billion in first quarter profits. The payer will also have a new executive taking the helm in September.
American Medical Association President Jack Resneck Jr., MD, detailed in a post on the medical group's website the "Kafkaesque" prior authorization process that an unnamed insurance company allegedly put one of his patients through.
