Payer

The University of Texas Medical Branch Health is ending its contract with Aetna next spring, according to the Houston Chronicle.

CMS issued its 2020 Medicaid and Children's Health Insurance Program Managed Care final rule Nov. 9.

President-elect Joe Biden may have trouble implementing a key part of his healthcare plan: a public option.

Renton, Wash.-based Providence agreed to join Anthem Blue Cross' Vivity Health Plan as a joint venture partner, effective Nov. 1. 

Bruce Broussard, the president and CEO of Humana, sold nearly $30 million in shares, according to Analyst Ratings and a Nov. 6 filing with the Securities and Exchange Commission.

In the days between when polls for the 2020 election closed and former Vice President Joe Biden was named the president-elect, health insurance stocks were largely unaffected by the uncertainty. In fact, many health insurance stocks saw big gains.

On Feb. 1, Karen Lynch, executive vice president of CVS Health's Aetna insurance unit, will succeed Larry Merlo as CVS' president and CEO.

Premera Blue Cross Blue Shield of Alaska said it will send its individual plan members premium credits due to the COVID-19 pandemic. 

Some of the nation's largest for-profit health insurers saw their earnings continue to climb as medical services were deferred due to COVID-19, while others saw medical utilization and other expenses hamper results after a lucrative second quarter.

Cigna saw strong gains in its third-quarter financial results, driven by its health services division Evernorth, which includes pharmacy benefit manager Express Scripts.