UnitedHealth Group expects its revenues to surpass $260 billion in 2020, the company said Dec. 2.
Payer
The CEOs of two merging health plans in Massachusetts said their combination will benefit consumers in the state and help the insurers compete with national payers, according to The Boston Globe.
Passport Health Plan is among the losers in a bid to help manage Kentucky's $8 billion-a-year Medicaid business, according to the Courier Journal.
CVS Health will acquire a subsidiary of Centene Corp. in Illinois, the organizations said Dec. 2.
Anthem Blue Cross in California was slapped with $9.6 million in fines from January 2014 through November 2019, according to an analysis cited by the Los Angeles Times and written for Kaiser Health News.
The following payer executives changed their positions in November.
Here are 10 updates on UnitedHealth Group's business transactions, leadership and legal dealings reported by Becker's Hospital Review since October.
Rexburg-based Brigham Young University-Idaho will now allow Medicaid coverage to fulfill its student health insurance requirement, according to EastIdahoNews.com.
For the first time since 2005, CMS redesigned its Medicare Plan Finder, which helps seniors compare Medicare plan choices. However, consumer advocates say the tool is riddled with inaccurate cost estimates, according to ProPublica.
CVS Health-owned Aetna is considering selling its Coventry workers' compensation unit, three people familiar with the matter told The PE Hub Network.
