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Elevance Health took in $1.6 billion in net income for the third quarter and raised its earnings outlook for the rest of the year, according to the company's earnings report published Oct. 19.

Illinois insurance regulators are fining Centene subsidiary Celtic Insurance Co. $1.25 million for allegedly failing to cover mental health and addiction services at the same level as other medical issues, the Chicago Tribune reported Oct. 18. 

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Forty percent of those who chose traditional Medicare over Medicare Advantage did so because of greater provider choices, according to a survey released Oct. 17 by the Commonwealth Fund. 

Most city- and state-level commercial prescription drug markets are highly concentrated, with one pharmacy benefit manager controlling a large share of the market, a report published Oct. 13 by the American Medical Association found. 

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