Payer

For-profit payers saw the largest gains in new lives covered by Medicare Advantage plans in 2021, according to a report from The Chartis Group. 

More than 40 healthcare organizations in Oregon, including insurers and hospitals, signed a pledge to advance the adoption of value-based payment models in the state. 

Blue Cross and Blue Shield of Minnesota saw its operating margin dip below 1 percent in 2020, according to financial information released April 1.

The following payer executive changes were announced in March:

Despite a rocky takeover of California's vaccine distribution plan, Blue Shield of California said its provider partners can now administer 5.5 million COVID-19 vaccines a week. 

Massachusetts insurer Fallon Health is backing away from the commercial insurance business.

Craig Samitt, MD, is retiring as president and CEO of Blue Cross and Blue Shield of Minnesota.

UnitedHealthcare and Humana are the for-profit insurers with the largest national share of Medicare Advantage members, according to a report from The Chartis Group. 

Blue Cross Blue Shield of North Dakota has finished transitioning many of its information management services to an out-of-state provider, according to Inforum.

Humana reached a $17 million settlement agreement to resolve a class-action case that accused the health insurer of not properly paying overtime wages, according to court documents.