U.S. District Judge John Bates will begin hearing testimonies from Aetna and Humana Dec. 5 as they defend their $37 billion acquisition agreement against a Justice Department antitrust lawsuit.
Payer
The department responsible for establishing Minnesota's state-run insurance exchange, MNsure, improperly spent $1.2 million in federal grants, according to a recent federal audit.
The Patient Protection and Affordable Care Act (ACA) introduced restrictions on underwriting and new federal subsidies to expand access for Americans through the individual and small group health insurance markets.
Zenefits, a software startup based in San Francisco, has been fined $7 million by California's insurance regulator for multiple license violations.
When asked for reason behind increasing health insurance premiums, payers frequently point to the rising cost of prescription drugs as one culprit, with insurers covering a larger share of prescription drug costs today than a decade ago.
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Honolulu-based nonprofit payer AlohaCare appointed Laura Esslinger CEO effective Dec. 1, according to Pacific Business News.
Sacramento, Calif.-based Sutter Health is in talks with Blue Shield, Cigna and Health Net regarding contract renewals for 2017, reports Santa Cruz Sentinel.
After seven news organizations objected to the sealing of testimonies given by Anthem and Cigna CEOs during their antitrust case last week, a judge ordered the transcripts — highlighting large disagreements over their proposed combination — be released Monday, reports The Wall Street…
Collaboration is the key to ensuring a successful payer-provider relationship. However, effective collaboration requires mutual understanding between both parties. When payers and medical providers understand each others' goals and compromise for the good of the patient, both parties benefit from…
Ahead of investor and analyst meetings Cigna plans to attend over the next several weeks, the Bloomfield, Conn.-based payer disclosed its full-year operating profits will surpass $2 billion, according to a Monday regulatory filing.