Blue Cross and Blue Shield of North Carolina saw its net income fall by $234 million in 2020, primarily because of COVID-19 claim costs, the insurer said March 2.
Payer
Here are three recent updates on health insurer CEO compensation to know:
The White House will work with health insurers to make sure COVID-19 vaccines are distributed to high-risk members, according to Politico.
Oscar Health shares began trading on the New York Stock Exchange March 3 under the ticker symbol "OSCR."
Highmark and HealthNow New York officially completed their affiliation, the organizations said March 1.
Centene Corp. appointed four leaders to its executive team, effective March 1.
Several commercial health insurers will waive member cost-sharing — which includes copays, deductibles and coinsurance — for COVID-19 treatment further into this year.
When cost-sharing is waived for patients who use providers in bundled payment agreements, both payers and patients can see significant savings, according to a new study from the RAND Corp., a nonprofit think tank. The study was published March 1…
UnitedHealth Group temporarily opened an infusion center in its headquarters of Minnetonka, Minn., to provide eligible COVID-19 patients access to antibody treatments, according to the Star Tribune.
Blue Shield of California, which is overseeing COVID-19 vaccine distribution for the state, initially wanted "expansive" patient data from the University of California Health System in Oakland, according to the Los Angeles Times.
