UnitedHealth Group CFO John Rex was the highest-paid CFO of a major insurer in 2023.
Payer
The Cigna Group's board authorized the company to pay a cash dividend of $1.40 to be paid on June 20.
Humana is expanding its use of Cohere's prior authorization platform for diagnostic imaging and sleep services.
Humana expects to exit Medicare Advantage markets in 2025, company executives told investors.
Humana reported $741 million in net income in the first quarter of 2024.
The California Hospital Association is alleging Anthem Blue Cross of California violated the state's patient safety laws by failing to facilitate members' transfer to post-acute care.
Health insurance leaders were paid up to 392 times more than their respective median employee in 2023, according to recently filed proxy statements with the Securities and Exchange Commission.
UnitedHealth Group's CEO was the highest paid out of major payer CEOs in 2023.
UnitedHealth Group CEO Andrew Witty was paid $23.5 million in total compensation in 2023.
CarelonRx will launch SpecialtyRx Savings Navigator, designed to help employers manage specialty drug spending.