MaineHealth in Portland is creating a joint venture with Anthem Blue Cross and Blue Shield of Maine to sell Medicare Advantage policies for 2020, according to the Portland Press Herald.
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Centene's acquisition of WellCare Health Plans is set to close in the first half of 2020, and may even close sooner, Centene's CEO said in July.
Health IT service management company CNSI hired a former Optum executive to head up its federal health agency business, according to Washington Technology.
A subsidiary of Blue Cross and Blue Shield requested the U.S. Supreme Court consider an opinion favoring medical equipment and staffing firm Encompass Office Solutions, which sued the insurer over benefit payments and defamation, according to Bloomberg Law.
The CEO of Highmark Health said he thinks a new 10-year agreement with UPMC will draw members to Highmark's insurance products, but affiliate hospitals are seeing mixed results after the landmark deal.
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Humana completed its public offering of $1 billion in senior notes Aug. 15.
Health insurers selling policies on the ACA exchanges will be required to show star ratings for the first time during the 2020 enrollment period, CMS said Aug. 15.
Oscar Health signed a reinsurance deal with a Berkshire Hathaway subsidiary, the health insurance startup shared in a second-quarter earnings statement cited by Forbes contributor Bruce Japsen.
The American Medical Association left an organization the health industry founded to combat single payer proposals, the organization confirmed with Becker's Hospital Review.
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.