Minnetonka Minn.-based UnitedHealth Group recorded $2.3 billion in net earnings attributable to shareholders in the second quarter of this year, compared to $1.8 billion in the same period a year prior.
Payer
Richardson-based Blue Cross and Blue Shield of Texas will take on more than 400,000 members as it replaces Minnetonka, Minn.-based UnitedHealthcare's third-party contract with Employees Retirement System of Texas, according to Houston Chronicle.
Indianapolis-based Anthem sued Insys Therapeutics in Chandler, Ariz., for allegedly issuing kickbacks to physicians prescribing its opioid painkiller and misrepresenting diagnoses to inflate reimbursement, Reuters reports.
Oklahoma City-based Integris Health and Tulsa-based Blue Cross Blue Shield of Oklahoma reached a stalemate in contract negotiations, The Journal Record reports.
Columbia-based Missouri Care, part of Tampa, Fla.-based managed care provider WellCare, signed a contract with St. Louis-based SSM Health that includes in-network access for Missouri Care's HealthNet Managed Care Members.
The Senate healthcare bill unveiled last Thursday includes a proposal from Sen. Ted Cruz, R-Texas, allowing health insurers to sell health plans noncompliant with the ACA — which state insurance regulators fear will reinstate "junk insurance," The New York Times…
St. Charles, Mo.-based Mercy patients with health insurance through Indianapolis-based Anthem will be able to access Mercy providers at in-network prices beginning Jan. 1, 2018.
The majority of consumers are using their health savings accounts as an alternative checking account and not an investment account, according to an Employee Benefit Research Institute brief.
Mississippi Affiliated Health Network, a 13-hospital physician-led network in Jackson, aligned with Hartford Conn.-based Aetna for an integrated care delivery model.
Health insurers are speaking out in opposition to a proposal by Republican Sens. Ted Cruz of Texas and Mike Lee of Arizona that would allow payers to offer plans that don't meet ACA coverage requirements, according to Politico.
