After an Arizona family with health coverage from Blue Cross Blue Shield of Texas faced over $7,000 in medical bills, they headed to an out-of-network physician in Mexico to receive affordable care for their son, according to Kaiser Health News.
Payer
From an expansion of provider networks to investments in value-based health plans, these are nine recent payer partnerships and purchases:
Some payers in Colorado are being required to collect demographic data voluntarily given by network providers, including data on race, ethnicity, disability status, sexual orientation and gender identity, according to Kaiser Health News.
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.
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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…