Humana filed a lawsuit against Teva Pharmaceuticals over its sale of since-recalled blood pressure medication that contained carcinogenic substances.
Payer
House lawmakers said Aug. 6 that they will launch an investigation into the business practices of health and dental insurance companies after many posted high profits in the second quarter of this year.
The pandemic has renewed calls for value-based alternatives as fee-for-service models place pressure on providers who are facing large volume declines.
The second quarter of this fiscal year proved lucrative for big for-profit health insurers, who saw significantly fewer medical claims than usual because of the COVID-19 pandemic.
Big commercial health insurers continued to grow their Medicare membership in the second quarter of this year, according to filings with the Securities and Exchange Commission.
Alignment Healthcare, a California-based Medicare Advantage insurer, is expanding into several markets in California, Nevada and North Carolina in 2021.
Anthem filed a lawsuit against one of its former executives that left to work at a competing health plan.
Frank Williams, the CEO of Evolent Health, is stepping down from the role Oct. 1.
The U.S. Justice Department accused Cigna of using improper diagnostic codes to artificially inflate reimbursement for its Medicare Advantage plans by $1.4 billion in a lawsuit.
With Missouri voters approving Medicaid expansion Aug. 4, there are now 12 states that haven't adopted expansion.
