CVS Health-owned Aetna will waive copays and cost-sharing for COVID-19 inpatient hospitalizations, the insurer said March 25.
Payer
More health insurance scams and misleading marketing for short-term health plans is cropping up amid the COVID-19 outbreak.
Houston-based Memorial Hermann Health System and Cigna agreed to extend their contract again as the U.S. deals with a growing COVID-19 outbreak, according to the Houston Chronicle.
Health insurers should direct premium dollars to providers who are on the front lines of the COVID-19 pandemic now, two academics wrote in an op-ed for the Harvard Business Review.
Fitch Ratings revised its stable outlook for the U.S. health insurance industry to negative due to adverse effects from the COVID-19 outbreak.
Michael Neidorff, the CEO of Centene Corp., took home more than $26 million for the second year in a row, according to the St. Louis Post-Dispatch.
Humana priced a public offering of $1.1 billion in senior notes, the insurer said March 23.
Here are six notes on how COVID-19 is affecting health insurers and how they're responding:
New York Democratic Gov. Andrew Cuomo is urging health insurers who employ physicians and nurses to release them from their duties so they can help treat COVID-19 patients, according to Bloomberg.
As explained by VisitPay's Will Reilly, VisitPay's 2020 Annual Report, reveals through direct patient research, significant insights into what constitutes a more compassionate financial experience that benefits both patients and providers.
