Nearly 6,500 providers have opted out of a $2.8 billion antitrust settlement agreement with the Blue Cross Blue Shield Association, including hospitals owned by some of the largest health systems in the U.S. In October, the Blue Cross Blue Shield…
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Two health insurance brokers agreed to pay a combined $145 million to resolve allegations from the Federal Trade Commission that they misled millions of consumers seeking to buy comprehensive health insurance. Assurance IQ will pay $100 million to settle allegations…
Blue Cross and Blue Shield of Louisiana is laying off an unspecified number of employees, CBS affiliate WAFB reported Aug. 7. A company spokesperson told Becker’s in a statement that Louisiana Blue is navigating current industry challenges driven by rising…
As major insurers pull back on their Medicare Advantage offerings, health system-owned plans told Becker’s they’re eyeing an opportunity to regain ground ahead of the annual enrollment season. “We’re hopeful that CMS and the current administration are really going to…
CMS has lifted an enrollment sanction imposed on PACE Partners of Northeast Florida, effective Aug. 6. The enrollment suspension came after more than a year of regulatory action following compliance deficiencies identified during audits conducted in 2021, 2022 and 2023.…
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U.S. Senators Elizabeth Warren, D-Mass., and Ron Wyden, D-Ore., are pressing UnitedHealth Group for details of a program that allegedly incentivized nursing homes to avert medically necessary hospital transfers for their residents. The Aug. 6 letter to UnitedHealth Group CEO…
Arkansas Gov. Sarah Huckabee Sanders is calling on the state’s insurance commissioner to reject proposed individual ACA rates filed by Centene and Arkansas Blue Cross Blue Shield. Centene’s QCA Health Plan requested a 54% rate increase, and BCBS’ HMO plan…
From naming a new CFO to announcing it is complying with criminal and civil investigations into its Medicare Advantage business, here are 12 updates on UnitedHealth Group and its subsidiaries that Becker’s has reported since July 15: 1. U.S. Sens.…
Major insurers are retrenching their Medicare Advantage strategies as federal cost‑containment measures and rising medical expenses squeeze profitability. Amid the growing financial pressures the industry has faced for nearly two years, the largest MA carriers are cutting supplemental benefits, exiting…
UnitedHealthcare is expanding cancer detection benefits for some commercial members in 2026. Some UnitedHealthcare fully insured plans will now cover the first diagnostic breast imaging, colorectal cancer detection service, and colonoscopy at any age and at no cost when recommended…