Payer

Through its philanthropic arm, Humana will donate $50 million in aid to organizations disproportionately affected by the COVID-19 pandemic.

Molina Healthcare entered into a definitive agreement to acquire a managed care unit within Magellan Health, the companies said April 30. 

Health insurance startup Bright Health closed its acquisition of Brand New Day, a California-based Medicare Advantage health plan, on April 30.

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. 

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.

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.