While many analysts predicted CVS Health is in talks to buy Aetna to stay ahead of Amazon, industry experts are now attributing the proposed merger to another competitor — UnitedHealth Group, according to the Los Angeles Times.
Payer
A district judge tossed a lawsuit filed by Hartford (Conn.) HealthCare against Anthem Blue Cross and Blue Shield in Connecticut Wednesday, according to a Hartford Courant report.
John Snyder stepped into the chief administrative officer role at Health Alliance, a for-profit health insurance company under Urbana, Ill.-based Carle Foundation, according to a Journal Gazette & Times-Courier report.
Four rural Oklahoma hospitals sued Blue Cross Blue Shield of Oklahoma for allegedly breaching contract amid an ongoing rate dispute, The Oklahoman reports.
S&P Global Ratings predicts enrollment on the 2018 ACA exchanges will be between 7 percent and 13 percent lower than last year.
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Shares of WellCare, a Florida-based Medicaid and Medicare managed care plan, hit a record high Tuesday as the payer more than doubled its net income in the third quarter of fiscal year 2017, Reuters reports.
Becker's Hospital Review reported these 17 contract resolutions and dissolutions between payers and providers in October, beginning with the most recent.
Aetna saw revenues dip 5 percent in the third quarter of fiscal year 2017 compared to the year prior, but cost containment allowed the insurer to boost net income.
Open enrollment on the ACA exchanges begins Nov. 1 amid cuts to insurer subsidies and advertising funds, according to The Hill.
CMS issued its proposed HHS Notice of Benefit and Payment Parameters for 2019.