Medical cost ratio, which measures how much of an insurer's revenue goes toward medical claims, is a number investors frequently scrutinize when analyzing an insurer's financial performance.
Payer
Almost 8 in 10 health insurance consumers who purchased their health plan through eHealth's private online marketplace shopped for coverage, according to a survey from the platform.
Blue Cross Blue Shield of North Carolina is focusing on strategies that use machine learning and artificial intelligence to share patient data with providers and other healthcare professionals, according to The Herald Sun.
Anthem, Centene, Cigna, Humana, UnitedHealth Group and WellCare Health Plans all reported higher profits in the third quarter of fiscal year 2019. At the same time, Molina Healthcare saw profits decline, while Aetna boosted CVS Health's performance.
UnitedHealth Group appointed a new member to its C-level leadership team, according to the Minneapolis/St.Paul Business Journal.
Nearly half of employers see curbing healthcare benefit spending as a top priority for 2020; however, only 10 percent ranked managing employees' share of healthcare costs the same way, according to a survey published by telemedicine provider First Stop Health.
Humana saw its revenues and profits increase in the third quarter of fiscal year 2019 thanks in part to continued growth in its Medicare Advantage business.
Florida Blue will be offering its more than 1 million ACA exchange plan members transportation to their physician visits through a new partnership with Lyft.
While star ratings may help ACA exchange health plans identify areas of improvement, it's unclear how much weight consumers will give to the ratings, according to Kaiser Health News.
Pennsylvania insurance regulators fined UnitedHealthcare after an investigation found the health insurer violated mental health parity laws.
