Payer

Proxy statements for 2021 have been filed for the nation's largest payers, including the public release of CEO salaries and compensation packages.

Blue Cross Blue Shield is donating $3.7 million to UF Health Jacksonville to establish a Center for Health Equity and Social Justice, the payer's philanthropic foundation said April 26.   

In 2020, Medicare spending comprised 12 percent of the federal budget and 20 percent of national healthcare spending overall, according to the Kaiser Family Foundation.  

A federal appellate court has revived the Saginaw Chippewa Indian Tribe's lawsuit against Blue Cross Blue Shield of Michigan that alleges the payer failed to fulfill its fiduciary duties in administering tribal health insurance, costing the tribe millions of dollars.

From joining the S&P 500 to facing a lawsuit over its 401(k) plan, here are five recent headlines about the Long Beach, Calif., managed care organization: 

UnitedHealth Group's founder is retiring from the payer's board of directors, the Minneapolis Star Tribune reported April 26. 

UnitedHealth Group CEO Andrew Witty earned over $18.4 million in fiscal year 2021, on par with other CEOs but ranking below Cigna Chair and CEO David Cordani and above Humana President and CEO Bruce Broussard, according to a proxy statement…

Centene pulled in over $37 billion in revenue in the first quarter and added nearly 2 million members, according to the company's earnings report released April 26.

Financial records show for-profit Blue Cross and Blue Shield of Mississippi has accumulated a surplus significantly larger than what regulators require to protect consumers, according to Mississippi Today. 

From contract disputes over reimbursement rates to the largest fine in Georgia's history, here are nine recent headlines about Blue Cross Blue Shield companies: