Payers are better prepared for a recession now compared to 2008, but persistent inflation could lead to rising premiums and employers dropping coverage, according to an economic report released Aug. 5 by Moody's Investors Service.
Payer
A Tampa, Fla.-based company accused of selling "sham" health plans was ordered to repay customers $100 million, the Federal Trade Commission said Aug. 8.
CMS has suspended Georgia Gov. Brian Kemp's plan to create an alternative healthcare exchange to the ACA marketplace, according to Georgia Public Broadcasting.
Priority Health is partnering with rural care startup Homeward to bring in-home and mobile care to Medicare Advantage members across Michigan.
In the wake of Senate Democrats passing a $739 billion piece of legislation Aug. 7 that makes major investments in healthcare, taxes and energy, payers across the nation reacted with overall approval.
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Bright Health Group posted a net loss of nearly $432 million in the first half of the year but saw extreme growth in its NeueHealth value-based membership, which has grown 1,150 percent since the same time last year, according to…
Three New Jersey hospitals are suing Cigna for allegedly "drastically" underpaying them and refusing to pay them for services, Lawstreet Media reported Aug. 9.
A federal judge in Alabama has approved a final settlement of $2.67 billion with Blue Cross Blue Shield companies following a decade long legal battle over alleged anticompetitive behavior that negatively affected members, The Wall Street Journal reported Aug. 9.
Since its founding in 2013, Orange, Calif.-based Alignment Healthcare has recorded double-digit growth annually and expanded from its home state to reach more than 8 million Medicare-eligible seniors in dozens of counties nationwide.
From continued expansions of Medicare Advantage plans across the country to Michigan forcing a payer to cease all operations, these are 11 recent moves by insurers to exit or enter markets: