An ongoing legal battle over whether Anthem or Cigna owes the other billions in termination fees may be coming to an end.
Payer
San Francisco-based Dignity Health and Cigna still lack an agreement more than a month after their contract expired Dec. 31, according to Kaiser Health News.
Health Share of Oregon, one of the state's largest Medicaid providers, began notifying 654,362 members Feb. 5 that a computer storing their information was stolen from a third-party vendor.
Cigna continued to realize higher revenues and profits in the fourth quarter of fiscal year 2019, thanks to its subsidiary Express Scripts.
CMS published a proposed rule Feb. 5 that seeks to lower drug costs for Medicare Advantage beneficiaries, boost payments for the plans and rework Star Ratings, among other proposals.
Centene Corp. is postponing the release of its 2020 financial forecast due to the insurer's recent integration with WellCare Health Plans.
Humana saw total revenue and net income grow in the fourth quarter of fiscal year 2019, according to financial documents filed with the Securities and Exchange Commission.
Centene Corp. saw its revenues grow in the fourth quarter of fiscal year 2019, but experienced higher-than-expected flu costs, the insurer said Feb. 4.
In 2018, the 10 largest health and accident insurers collectively wrote 51.8 percent of premiums in the total U.S. market, according to data from the National Association of Insurance Commissioners cited by Insurance Business America.
Humana and private equity firm Welsh, Carson, Anderson & Stowe entered into a joint venture agreement to expand Humana's primary care centers, the organizations said Feb. 3.
