Payer

The following payer executives changed their positions in October.

Here are 15 payers that are returning premium revenue to members due to lower healthcare costs during the COVID-19 pandemic. 

Humana is adding four retailers to its preferred standalone Medicare Part D pharmacy network for 2021. 

UnitedHealth Group recorded higher revenue and $3.2 billion in profit during the third quarter of 2020 as the company saw care volumes move closer to pre-pandemic levels.

Several health insurers have seen their profits climb amid the COVID-19 pandemic as the use of healthcare services fell. 

Highmark has avoided more than $1 billion in costs through its value-based reimbursement program for primary care physicians, the integrated health insurer and provider said Oct. 5.

Premera Blue Cross is cutting about 285 positions, or roughly 8 percent of its workforce, due to the economic effects of COVID-19, according to My Edmonds News.

CMS released its report card for Medicare Advantage and Part D prescription drug plans Oct. 8.

Blue Cross and Blue Shield of Texas is providing about $104 million in premium credits to members with fully insured employer coverage, the insurer said Oct. 7.

CVS Health-owned Aetna is eliminating an undisclosed number of jobs at its Hartford, Conn.-based headquarters, according to the Journal Inquirer.