Payer

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.

An analysis of quarterly and year-end financial statements of five Illinois Medicaid companies by the Better Government Association revealed an unprecedented increase in profits from April through December of 2020.

New mothers in Texas with Medicaid insurance could keep their coverage for an additional six months postpartum instead of two, according to the Texas Tribune.

Medicaid programs in several states have made headlines over the past few weeks, as policy changes prompt lawsuits, new waiver submissions and studies.

Health insurer Anthem failed to comply with some federal coding requirements, resulting in overpayments of $3.47 million, according to a May 24 inspector general report. 

Blue Cross Blue Shield of North Carolina and Asheville, N.C.-based Mission Health signed long-term agreements making Mission Health the latest healthcare system to join the Blue Premier value-based program, which launched in 2019, as well as bringing Mission into the…

Private insurance companies are expected to provide $2.1 billion in rebates to 10.7 million policyholders, the second-highest amount issued under the Affordable Care Act, according to Yahoo Finance and the Kaiser Family Foundation.