Payer

Aetna CEO Mark Bertolini said a single-payer health system wouldn't "generate any savings for the American public" during an interview on CNBC's "Closing Bell" Aug. 3.

The Commonwealth Court of Pennsylvania placed Penn Treaty American Corp., an Allentown, Pa.-based long-term care insurer, and its two subsidiaries in liquidation March 1. As a result, health insurers in the states Penn Treaty is licensed to do business assumed…

Long Beach, Calif.-based insurer Molina Healthcare is owed $52 million in risk corridors payments, a federal judge ruled Friday.

The following five contract agreements and dissolutions between payers and providers occurred in the past week.

Cleveland Clinic joined Molina Healthcare of Ohio's Medicaid network Aug. 1.

WellCare Health Plans, a Tampa, Fla.-based Medicaid and Medicare managed care plan, reported an 18 percent dip in net income in the second quarter of fiscal year 2017.

University of Chicago Medicine will drop its contract with Illinois Medicaid managed care plan IlliniCare Health next month, according to a Chicago Tribune report.

Multiple Missouri healthcare leaders sent a letter to the state's insurance director asking her to consider the legality of a new policy from Anthem that makes patients liable to pay the entirety of their emergency room bill if the payer…

The health insurance industry's five largest payers reported solid earnings for the three months ended June 30 in fiscal year 2017.

Bloomfield, Conn.-based Cigna reported net income of $813 million in the second quarter of fiscal year 2017, representing a year-over-year 59.4 percent increase from $510 million in the same period last year.