1. CVS Health, UnitedHealth Group and Cigna filed a lawsuit against the FTC in response to the agency’s case against the nation’s largest pharmacy benefit managers over inflated insulin prices.
2. UnitedHealth Group uses an algorithm that has been subject to legal scrutiny to manage behavioral health costs, ProPublica reported.
3. UnitedHealthcare alleges CMS treated its Medicare Advantage star ratings differently compared to Elevance Health, according to unsealed court documents.
4. UnitedHealth Group claims processing subsidiary Change Healthcare restored its clearinghouse services and received $3.2 billion in loan repayments from providers following a February cyberattack.
5. UnitedHealth Group CEO Andrew Witty was one of four U.S. healthcare leaders featured in Fortune’s “100 Most Powerful People in Business” list.
6. The U.S. Justice Department is suing UnitedHealth Group and home health company Amedisys over the companies’ planned $3.3 billion merger. In response, UnitedHealth launched a website to defend the deal.
7. UnitedHealthcare and Duluth, Minn.-based Essentia Health reached an agreement that will keep the health system in the payer’s Medicare Advantage network in 2025.
8. Aetna and UnitedHealth Group’s Optum agreed to settle a class-action lawsuit that accused the companies of improperly charging administrative fees as medical expenses.
9. Bloomington, Minn.-based HealthPartners reached an agreement on a multi-year contract with UnitedHealthcare.
10. UnitedHealth reported a medical benefit ratio of 85.2% in the third quarter of 2024, compared to 82.3% in the same quarter last year.
11. CVS Health named Steve Nelson as president of Aetna. Mr. Nelson previously served as CEO of UnitedHealthcare from 2017 through 2019.
12. Tim McKnight was named UnitedHealth Group’s chief information security officer.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.