From reaching a settlement with the Labor Department to releasing its third-quarter 2024 earnings report, here are 12 updates on UnitedHealth Group and its subsidiaries that Becker's has reported since Oct. 9:
Payer
Centene reported $713 million in net income in the third quarter, per its earnings report published Oct. 25.
Eighteen insurers have exited Medicare Advantage markets for 2025, with more than 1.8 million people currently enrolled in plans that will not exist next year, according to OliverWyman.
Centene is the latest insurer challenging CMS' Medicare Advantage star ratings in court.
Cigna's board of directors declared a $1.40 per share cash dividend to be paid on Dec. 19.
Advertisement
From renewed talks of a potential merger with Cigna to filing a lawsuit against CMS over its 2025 star ratings, here are 10 updates on Humana that Becker's has reported since Aug. 16:
UnitedHealth Group reached a $20.25 million settlement with the U.S. Department of Labor on Feb. 7, resolving allegations that its subsidiary, UMR, improperly denied claims for emergency room visits and urinary drug screenings for thousands of patients.
Oscar Health is rolling out new plans for 2025.
Blue Cross Blue Shield companies are launching new products, reforming internal processes, and facing big industry challenges.
Blue Shield of California is partnering with Salesforce on a new platform solution that aims to make prior authorization simpler and faster.