Memorial Hermann Health System says Blue Cross Blue Shield of Texas owes it over $3 million in claims payments, according to federal court documents filed May 5.
Payer
The nation's largest payers have filed their first-quarter earnings reports, revealing which grew their revenues the most year over year.
Payers Humana, Cigna and Centene are among the top 50 companies for diversity in 2022, according to DiversityInc.
Senate lawmakers questioned HHS Secretary Xavier Becerra May 4 over when and how the Biden administration will take action against "junk plans," or short-term health plans that are not subject to certain rules under the Affordable Care Act.
Cigna reported over $44 billion in total revenues in the first quarter, with the strongest growth in the company's Evernorth business. Projected revenues at year end stand at $177 billion, according to the company's earnings report released May 6.
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The U.S. had a 9.2 percent uninsured rate last year, a decrease from 9.7 percent in 2020, according to a May 5 report from the CDC's National Center for Health Statistics.
A contract dispute between Raleigh, N.C.-based WakeMed Health and Hospitals and UnitedHealthcare could leave 20,000 patients out-of-network if an agreement is not reached before June 1, according to a May 5 North Carolina Public Radio report.
Blue Cross Blue Shield of Massachusetts is expanding its mental health provider network to include specialists who focus on obsessive-compulsive disorder, serious mental illness, trauma and substance use disorders.
Centene has extended employment agreements with two top executives to boost their base salaries past $1 million and keep them with the company through at least 2024, according to Securities and Exchange Commission documents filed May 2.
HHS Secretary Xavier Becerra addressed big payers about abortion rights this week and said May 4 that the federal agency plans to "double down" to ensure women can continue accessing abortion services nationwide.