About 28 million Americans have been laid off or furloughed since early March due to COVID-19, and it's likely 12.7 million lost health insurance through their employer as a result, according to the Economic Policy Institute, a left-leaning think tank.
Payer
Executives at large national insurers have told investors that COVID-19 isn't negatively affecting business, and could actually boost earnings in some aspects. However lobbyists representing the insurance industry are seeking assistance from the federal government as costs associated with COVID-19…
The following payer executives changed their positions in April.
Cigna, Anthem, Centene Corp. and Humana released their first-quarter earning reports this week. Similar to UnitedHealth Group, their results reflected minimal effects from the COVID-19 pandemic.
Large trade associations representing hospitals, insurers and businesses urged Congress to safeguard Americans' health insurance coverage during the COVID-19 pandemic.
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Sachin Jain, MD, CEO of Anthem's CareMore Health System and Aspire Health, is stepping down by the end of the week.
The federal government owes health insurers $12 billion in payments from the ACA's risk corridors program, the U.S. Supreme Court ruled April 27, according to Politico.
Total compensation for seven CEOs of the largest commercial for-profit payers in the U.S. was about $151.3 million last year, according to proxy statements filed with the Securities and Exchange Commission.
Several health insurers are extending prior authorizations for elective services that have been canceled or deferred because of COVID-19.
Social, behavioral and environmental factors need to be incorporated into payment models that award providers for value over volume, according to a new paper published in the New England Journal of Medicine.