More insurance brokers said they would enroll in traditional Medicare over Medicare Advantage, according to a report published Feb. 28 by the Commonwealth Fund.
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Bright Health Group reported a net loss of $668.6 million in the fourth quarter of 2022 and shed doubt about the company's future ability to continue operating.
The top 10 Medicaid-focused startups have raised $1.5 billion combined in venture funding, according to a Feb. 27 report published in Health Affairs, citing PitchBook.
The top 10 Medicare Advantage-focused startups have raised more than $20 billion combined in venture funding, according to a Feb. 27 report published in Health Affairs, citing PitchBook.
Humana will price a $1.25 billion senior note offering, the company's second senior note offering since November.
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CMS has launched more than 50 savings model programs since the agency's innovation center was created in 2010, according to the Center for Medicaid and Medicare Innovation's 2022 Report to Congress.
Clover Health improved on its loss margins in 2022, posting a $84 million loss in the fourth quarter of 2022, down from a $187.2 million loss in the fourth quarter of 2021.
Medicare Advantage plans grossed $1,730 per enrollee in 2021, far exceeding margins for individual, group and Medicaid markets, according to Kaiser Family Foundation.
Kaiser Foundation Health Plans, part of Oakland, Calif.-based Kaiser Permanente, added 36,000 members in 2022, putting it at more than 12.6 million members nationwide.
Site-neutral payment policies under Medicare could save $471 billion over 10 years for the federal government and in premiums and out-of-pocket costs, the Blue Cross Blue Shield Association said in a new report published Feb 28.