Payer

CVS Health raised its annual earnings outlook after beating investor expectations in the third quarter, but the company reported $3.4 billion in losses after agreeing to pay into a global opioid lawsuit settlement starting next year.

The New Jersey Department of Banking and Insurance has approved Horizon Blue Cross Blue Shield of New Jersey's application to reorganize its corporate structure as a nonprofit mutual holding company. 

CMS has approved an Arkansas Medicaid waiver that will test interventions to address housing, food insecurity and other health-related social needs. 

Humana has the highest customer satisfaction rating among the nation's largest payers, while Cigna has the lowest, according to the American Customer Satisfaction Index Insurance and Healthcare Study 2021-2022.

These are the most-read health insurance articles published by Becker's in October:

Most commercial and Medicare Advantage markets are highly concentrated, with one payer controlling a large share of the market in local areas, a new report from the American Medical Association found. 

Essence Healthcare, Lumeris' Medicare Advantage plan, will be available in five new states in 2023, a 223 percent increase in counties covered. 

Nearly half of 18- to 34-year-olds say they are looking for a new job within the next year, a survey from Cigna found. 

Blue Cross Blue Shield of Massachusetts is adding several new offerings, including a pharmacy benefits partnership with CVS Caremark. 

Ten providers — including Columbia University Medical Center and Nicklaus Children's Hospital — recently posted job listings seeking leaders in payer contracting and relations.