Hospitals were paid, on average, 241 percent of Medicare rates for services provided to privately insured patients in 2017, according to a RAND Corp. study done in collaboration with the Employers' Forum of Indiana.
Payer
UnitedHealth Group unveiled a bundled payment program for maternity services aimed at closing care gaps for moms and babies before and after delivery.
The CEO of Health Alliance Plan, a subsidiary of Henry Ford Health System in Detroit, will retire June 30, according to a news release obtained by Becker's Hospital Review.
While the early years of the ACA exchanges featured volatile price and offering changes, by 2017, the individual market had begun to stabilize, according to the Kaiser Family Foundation.
New York City Mayor Bill de Blasio debuted the city's new NYC Care Cards for its uninsured population on May 7.
An Oscar Health lawsuit alleging Florida Blue's broker policy is anticompetitive shouldn't be dismissed based on the McCarran-Ferguson Act, according to the Department of Justice.
UnitedHealth Group CEO David Wichmann purchased a record 20,000 UnitedHealth shares May 3, according to a filing with the Securities and Exchange Commission.
While Pfizer gained approval for its drug tafamidis to treat a rare and fatal heart disease, whether insurers and employers will cover the drug's list price — $225,000 — remains uncertain, according to Forbes contributor Bruce Japsen.
Americans who changed over to Medicare Advantage from traditional Medicare in 2016 spent an average $1,253 less in 2015 than beneficiaries who didn't make the jump, according to an analysis from the Kaiser Family Foundation.
The Health Plan, a West Virginia-based health insurer, will integrate with West Virginia University Health System, a nine-hospital system in Morgantown, the organizations said May 7.
