The Cigna Group will invest in making prior authorization faster and simpler in 2025, CEO David Cordani said. On a Jan. 30 call with investors, Mr. Cordani said the shooting of UnitedHealthcare CEO ...
From preliminary approvals to agreements with the federal government, these are five recent legal settlements involving UnitedHealth Group and its subsidiaries. 1. A Minnesota federal judge gave ...
Payers are trimming their workforces and cutting jobs due to financial or operational challenges, along with contract losses. Below are workforce reduction efforts or job eliminations that were ...
Aetna, Blue Shield of California and Centene's Health Net are launching a shared, value-based payment model for reimbursing primary care physicians in California. The project, led by the California ...
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Independence Health Group CEO Gregory Deavens plans to retire at the end of 2025. The company is the parent of Independence Blue Cross. Blue Shield of California named Lois Quam as its next CEO. Ms.
Cigna's board of directors declared a $1.51 per share cash dividend to be paid March 20. This reflects an 8% increase from the 2024 quarterly cash dividend of $1.40 per share, according to Cigna's Jan ...
Payers faced state penalties in 2024 for slow reimbursements, improper claims denials, or the sale of unapproved products. Centene's California Health and Wellness was fined $100,000 by California in ...
The Cigna Group saw a 34% decline in profits year over year as the company faces rising costs within its insurance business, according to its fourth quarter earnings report published Jan. 30. "While ...
The number of prior authorization determinations issued by Medicare Advantage insurers continued to grow in 2023, according to a new report from KFF. The report, published Jan. 29, examines data from ...
Alabama has the highest average in-network denial rate for ACA insurers, while South Dakota has the lowest, according to KFF. KFF analyzed CMS data on claims denials and appeals for non-group ...
Rhode Island lawmakers have introduced legislation that would prohibit payers from requiring prior authorization for treatment or services ordered by a patient's primary care provider. The proposed ...