Advertisement

Payer

Anthem's profit declined in the fourth quarter of fiscal year 2020 as the insurer saw greater expenses related to the COVID-19 pandemic, including higher testing and treatment costs.

On average, 17.4 percent of in-network claims were denied by payers that offered ACA plans in 2019, according to a new Kaiser Family Foundation report. 

Advertisement

Mike Cotton, the president and CEO of Intermountain Healthcare's health plan SelectHealth, resigned, the Salt Lake City-based health system said Jan. 21.

Health Care Service Corp. promoted four of its executives, the health insurance company said Jan. 19. The promotions are effective Feb. 1. 

Advertisement