With record support in Congress and in the number of plans offered nationwide, Medicare Advantage is growing fast, diversifying its members and driving senior care costs down, according to the Better Medicare Alliance's 2022 "State of Medicare Advantage Report."
Payer
From several partnerships around social determinants of health to Humana becoming an equity partner in a Pennsylvania ACO, these are eight payer partnerships Becker's has reported since June 21:
Humana is hiring 300 seasonal Medicare enrollment representatives.
Low-income Virginia residents who enrolled in the state's expanded Medicaid program reported reduced financial stress one year after enrollment, according to a study published July 20 in Health Affairs.
Long Beach, Calif.-based SCAN Group, the parent company of Medicare Advantage provider SCAN Health Plan, has invested in SafeRide Health, a non-emergency medical transport company that builds custom transportation programs for older individuals.
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Medicaid provider CalOptima hopes to launch Orange County's first public health plan option on the state's insurance marketplace, Covered California.
Elevance Health subsidiary myNEXUS, a home-based nursing management company, will expand its Indiana post-acute care program for Medicare members nationwide over the next six to 12 months, the company said July 20 during its second quarter earnings call.
Seventeen payers have been recognized for their initiatives around disability inclusion and equality for their employees in the 2022 Disability Equality Index, a national benchmarking survey created by Disability:IN and the American Association of People with Disabilities.
The Securities and Exchange Commission has charged Tampa, Fla.-based Health Insurance Innovations and its former CEO Gavin Southwell for allegedly hiding customer complaints from its investors.
As healthcare utilization returns to pre-pandemic levels, payers are increasing rates by an average of 10 percent next year across the country, according to MarketWatch.