CMS will use the statewide average premium for the 2018 benefit year in its risk adjustment payment calculations, allowing the program to continue for the 2018 benefit year, federal officials proposed Aug. 8.
Payer
The Trump administration's final rule for short-term health plans, released Aug. 1, already is facing resistance from state governments and state insurance regulators, according to The New York Times.
Neighborhood Health Plan, acquired six years ago by Boston-based Partners HealthCare, will change its name to AllWays Health Partners next year — a rebranding aimed at positioning the insurer as one of the top health plan providers in the state,…
UnitedHealth Group will acquire four clinics through its purchase of Peoples Health, a Metairie, La.-based Medicare Advantage plan, according to the Star Tribune.
While it may be a few years before the healthcare industry can study the effects of Amazon, Berkshire Hathaway and JPMorgan Chase's joint healthcare venture on the industry, Bloomberg columnist Max Nisen claims key industry players should be more concerned…
The American Medical Association called on the Department of Justice Aug. 8 to sue to block CVS Health's proposed $69 billion acquisition of Aetna.
Molina Healthcare saw its finances turn around in the three months ended June 30, after the health insurer recorded a $230 million net loss in the second quarter of fiscal year 2017.
Cigna's board of directors called out activist investor Carl Icahn for publicly opposing the company's proposed $54 billion takeover of Express Scripts, urging shareholders to support the deal in an Aug. 7 letter.
In its attempt to purchase health insurer Aetna for $69 billion, CVS Health has effectively dodged one antitrust hurdle because regulators don't see competitive problems from joining two companies that operate at different levels of the supply chain, according to Bloomberg.
Bronx, N.Y.-based Montefiore Health System may no longer be a part of Aetna's provider network if the organizations can't resolve a contract dispute before a Sept. 8 deadline, according to The Journal News/lohud.
