Payer

The Massachusetts Division of Insurance is proposing new regulations around the rate-setting process that payers use to set premiums for members and small businesses, according to The Boston Globe.

Franklin, Tenn.-based Clover Health has appointed Aric Sharp as CEO of value-based care, where he will lead all value-based care operations for the company including for the contracting arm, Clover Health Partners.

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

Three payers recently launched pilot programs to address needs ranging from colorectal cancer screenings to food insecurity: 

UnitedHealth's former CEO David Wichmann earned $142.2 million in 2021, primarily through previously issued equity awards, according to the Minneapolis Star Tribune. 

Clover Health saw explosive growth in revenue and managed lives, but posted a net loss of over $75 million in the first quarter, according to the company's earnings report published May 9.

The Kaiser Family Foundation estimated May 10 that 5.3 million to 14.2 million people could lose Medicaid coverage at the end of the COVID-19 public health emergency.

New York lawmakers are considering a 9.3 percent tax on insurance companies that move their profits out of state, Spectrum News 1 reported May 9. 

Mississippi's largest provider and payer have agreed on a mediator to oversee their contract dispute, Mississippi Today reported May 9. 

Employees making less than $75,000 have higher rates of acute care utilization and spending but lower rates of primary care spending compared with high-salary employees when high-deductible health plans are present, according to a study published May 9 in the…