Medicare Advantage enrollment saw major growth across the insurance industry in the first quarter of 2022 and over the last year. Now, payers are making plans to increase that growth even further.
Payer
Friday Health Plans Management Services Co., a Denver-based health insurance holding company, has raised $120 million in funding to primarily offer its health plans in new Affordable Care Act marketplaces.
A federal judge in California has approved a class-action settlement requiring Anthem Blue Cross to reprocess claims for eating disorder treatments or pay up to $5,500 for denied claims, Bloomberg reported May 25.
Bipartisan legislation was introduced May 24 in the Senate that would allow the Federal Trade Commission to increase drug pricing transparency and suppress pharmacy benefit manager practices such as spread pricing and payment clawbacks.
The American Medical Association criticized the health insurance industry May 24 for what it says are slow or ineffective prior authorization reforms implemented over the last four years, despite payers agreeing to changes aimed at improving care access and efficiency.
From earning a spot on the Fortune 500 to signing definitive agreements to sell Magellan Rx and Pantherx Rare, here are eight headlines about the St. Louis-based payer:
Medicare Advantage is likely to be the dominant source of Medicare coverage by 2025. This recent development will force payers and providers to find new ways to set Medicare Advantage reimbursement rates and will reimagine the role that traditional fee-for-service…
Decisions by payers such as what markets to participate in or how to design coverage plans in Affordable Care Act marketplaces may be contributing to fewer insurance options for racial and ethnic minorities, according to a study published April 27…
Centene's Sarah London is the fifth-youngest CEO of a Fortune 500 company, according to Fortune.
A group of 26 House Democrats are asking Senate Majority Leader Chuck Schumer and Speaker of the House Nancy Pelosi to fast-track legislation to extend ACA premium subsidies, Politico reported May 23.
