Average premiums for Medicare Advantage plans will be an average 11 percent lower for the 2021 plan year compared to this year, CMS said Sept. 24.
Payer
Medicare Advantage startup Bright Health raised another $500 million in its latest venture capital funding round.
Kittitas Valley Healthcare in Ellensburg, Wash., is planning on leaving Kaiser Permanente's insurance network, according to the Daily Record.
UnitedHealth Group is in advanced talks to buy an online Illinois pharmacy startup called DivvyDose for about $300 million, people familiar with the matter told Bloomberg.
Blue Cross Blue Shield insurers tentatively reached a settlement in an antitrust lawsuit that accuses the companies of conspiring to divide markets and avoid directly competing with each other, according to The Wall Street Journal.
On Sept. 21, the U.S. House of Representatives passed a bill that would repeal antitrust exemptions for health insurers.
Daniel Hilferty, president and CEO of Independence Health Group, which runs Independence Blue Cross and AmeriHealth Caritas, is retiring.
Blue Cross Blue Shield of Michigan is giving more than 8,500 employees voluntary separation offers to help manage its administrative costs, the insurer said in a statement to Becker's Hospital Review.
Trauma surgery is the art of prioritization and efficiency.
Blue Cross Blue Shield Association's national employee benefit committee filed a lawsuit against an investment firm after losing $2 billion from its benefit plan trust, according to Pensions & Investments.
