Kaiser Foundation Health Plans and Blue Cross and Blue Shield plans were among the highest-ranked health plans in the most regions, according to consumer insight firm J.D. Power's annual member satisfaction survey.
Payer
Healthcare costs for a family of four in 2020 dropped 4.2 percent from 2019 because of the pandemic, according to the 2021 Milliman Medical Index report.
Blue Shield of California's pharmacy initiative with San Francisco-based technology company Gemini Health resulted in drug cost savings of $20 million in its first two years.
Orange, Calif.-based Medicare Advantage company Alignment Healthcare's program for chronically-ill seniors has grown to serve more than 4,000 high-risk members since launching in 2017, the company said May 26.
The Health Reimbursement Arrangements Council held its first meeting May 21, according to Think Advisor.
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Insurance software developer Majesco announced it will work with Cigna to develop a new digital platform for its supplemental health business.
Multiple health insurers filed a lawsuit against CVS Health on May 21, accusing the company of upcharging for prescription drugs by submitting claims at "artificially inflated prices."
With the coverage of 15,000 people in the balance, Virginia's Mary Washington Healthcare and Cigna have yet to reach agreement on a contract that expires May 30, according to The Free Lance-Star.
The IRS issued guidance May 18 on expanded COBRA subsidies under the American Rescue Plan.
Anthem director Julie Hill sold 1,308 shares of the payer's stock on May 20, according to MarketBeat.