Cigna is buying back $2 billion in common stock through accelerated repurchase agreements with Morgan Stanley and JPMorgan Chase Bank.
Payer
GuideWell Mutual Holding Corporation, the parent company of Florida Blue, is acquiring San Juan, Puerto Rico-based Triple-S Management in an effort to further secure its foothold in Florida and Puerto Rico.
MedStar's network of Washington D.C.-area hospitals are cutting ties with two insurance plans, leaving about 165,000 Medicaid beneficiaries without access to local providers.
CMS will delay enforcement of the insurance price transparency rule by six months, according to recent guidance from the agency.
CVS Health employees, including those at Aetna, have until Oct. 31 to get vaccinated if they interact with patients or are a corporate worker.
A cast of insurers are forging ahead with virtual-only healthcare plans, but several are diverging on scope and application.
Iowa's Medicaid program has seen rapid growth throughout the pandemic, which analysts have said puts it in "uncharted territory," according to The Gazette.
Seventy-four percent of health plans are worried about meeting the No Surprises Act's Advanced Explanation of Benefits requirements, according to survey results released Aug. 23 by healthcare payment company Zelis.
CMS is encouraging all Medicare Advantage organizations and Medicare-Medicaid plans to waive or relax certain prior authorization requirements amid the COVID-19 surge.
Upticks in public and ACA marketplace coverage offset losses in employer-sponsored health insurance, leaving the nation's uninsured rate largely unchanged because of the COVID-19 pandemic, according to an Aug. 23 brief published by the Urban Institute.
