Advertisement

Payer

The largest health insurers make up the S&P Managed Care sector and have led more than 1,100 percent in gains during the market's bull run — twice as much as biotech firms, according to CNBC.

Health insurers across the U.S. are pursuing a new strategy to lower healthcare costs and bolster their profits — investing in housing, medicine and even food programs for those who can't afford it, according to Forbes.

Advertisement

Jackson-based University of Mississippi Medical Center and Blue Cross & Blue Shield of Mississippi reached an agreement to keep all UMMC facilities and providers in network with the health insurer, according to the Clarion Ledger.

Peter Pronovost, MD, PhD, one of the nation's leading patient safety experts, left UnitedHealthcare weeks after being named CMO in summer 2018, according to the Minneapolis/St. Paul Business Journal.

The National Health Law Program, Legal Aid of Arkansas and the Southern Poverty Law Center filed a lawsuit Aug. 14 to stop the implementation of Medicaid work requirements in Arkansas, according to CNN.

Health insurance startup Oscar Health reported net income of about $5 million in the first half of fiscal year 2018, a significant improvement from its $57.6 million loss in the first half of 2017, the insurer said in an email…

Advertisement