The Federal Communications Commission issued the largest fine in its history — $225 million — against Texas telemarketers who spoofed about 1 billion robocalls to sell health insurance.
Payer
Anthem and Cigna shares hit a one-year high on March 15.
A new guidance from the New York Department of Financial Services prohibits health insurers from denying hospital claims for administrative reasons.
Humana rebranded its healthcare service offerings under the name "CenterWell," the insurer said March 16.
While it conducts its criminal case, the U.S. is asking for a stay in civil lawsuits against UnitedHealth Group's surgical unit over alleged agreements with competitors to not poach senior-level employees.
The $1.9 trillion COVID-19 relief package President Joe Biden recently signed into law expands the subsidies available under the Affordable Care Act for comprehensive health insurance, according to a March 10 report from The New York Times.
Kevin Conlin, chair of Horizon Blue Cross Blue Shield of New Jersey, retired March 15.
Aetna can't pursue any overpayments it claims it made to hospitals because of alleged fraudulent billing from Mednax, a Pennsylvania court said.
Several California counties haven't signed a contract to allow Blue Shield of California to manage distribution of the state's COVID-19 vaccines, according to the Los Angeles Times.
Enrollment in Medicare Advantage plans has increased significantly in the past 10 years, according to a recent analysis from the Kaiser Family Foundation.
