Marilyn Tavenner will retire as CEO of America's Health Insurance Plans, the biggest trade group for health insurers, June 1.
Payer
CVS Health and Aetna shareholders have overwhelmingly approved the drug store chain's proposed acquisition of the insurer, according to CNBC.
UnitedHealth Group, Cigna, Humana and other health insurance stocks dipped March 12 following a Wall Street Journal report stating the insurers boosted Medicare payments by gaming the Medicare Advantage plan rating system, Insider Louisville reports.
UnitedHealth Group selected Sir Andrew Witty, former CEO of GlaxoSmithKline, as CEO of Optum, effective July 1.
Ohio residents with Anthem insurance told The Plain Dealer they fear Anthem's discretionary emergency department policy will negatively affect them.
Becker's Hospital Review reported these 13 contract resolutions and dissolutions between payers and providers since Jan. 1, beginning with the most recent.
Humana, UnitedHealth, Aetna, Anthem and other insurance companies that provide Medicare Advantage plans use a tactic known as "crosswalking" to collect additional revenue from the federal government, according to an analysis of federal data by The Wall Street Journal.
Cigna's stock price dropped March 8 after the company announced a $67 billion deal to acquire pharmacy benefits manager Express Scripts.
HHS Secretary Alex Azar discussed the nation's transition to a value-based care system in a speech to America's Health Insurance Plans in Washington, D.C., March 8.
Two Democratic senators penned a letter to HHS Secretary Alex Azar and Labor Secretary Alexander Acosta requesting they review whether Anthem's emergency department policy violates law.
