Indianapolis-based Anthem will establish an in-house pharmacy benefits manager called IngenioRx.
Payer
The philanthropic division of Louisville, Ky.-based Humana appointed Walter Woods CEO.
Hartford, Conn.-based Aetna will pay approximately $85 million for its New York City headquarters, according to a Hartford Courant report.
In the wake of President Donald Trump's decision to cut federal funding of cost-sharing reduction payments to insurers, states are falling back on secondary plans or hassling to map next steps, The Washington Post reports.
In 2015, U.S. Medicare beneficiary population was estimated to be 55.5 million individuals, according to the Kaiser Family Foundation (KFF).
Health plans are projected to lose more than $1 billion through the end of this year if Congress does not reverse President Donald Trump's decision to end federal funding for cost-sharing reductions, according to the National Association of Insurance Commissioners.
UnitedHealth Group generated revenues of $50.3 billion in the third quarter ended Sept. 30, up 9 percent compared to the same period last year.
Fifty-six percent of Americans are insured through a private payer, according to America's Health Insurance Plans' new report.
Eight of the 20 Medicare Advantage plans selected as five-star policies by U.S. News & World Report for 2018 were Kaiser Permanente brands.
The Department of Justice called off its lawsuit against UnitedHealth Group claiming the Minnetonka, Minn.-based insurer submitted false claims to increase Medicare payments, Reuters reports.
