UnitedHealth Group CEO David Wichmann purchased a record 20,000 UnitedHealth shares May 3, according to a filing with the Securities and Exchange Commission.
Payer
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.
MVP Health Care, a health plan in New York, hired former Health Care Service Corp. executive Bruce Himelstein, MD, as its CMO.
Cigna's U.S. privacy officer and lead cybersecurity counsel left the company for a new position, according to Bloomberg Law.
Two major hedge funds that built stakes in Centene Corp. are considering challenging its proposed $17.3 billion bid for WellCare Health Plans, sources familiar with the matter told Reuters.
While stock in hospital companies has taken a hit over discussion around Medicare for All proposals, Larry Robbins, founder and CEO of Glenview Capital Management, says investors should still bet on hospitals, according to Barron's.
Here are seven lawsuits involving payers posted by Becker's Hospital Review in recent weeks.
The Wall Street Journal's editorial board scrutinized the Congressional Budget Office's analysis of what a single-payer system could look like, calling the office's characterization of the "major undertaking" of single payer a "hilarious understatement."
