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Elevance Health is the latest insurer challenging CMS' star ratings. In a lawsuit filed in federal court Oct. 31, the insurer alleged CMS' star ratings process was "fraught with statistical variance." ...

The Cigna Group posted a net income of $739 million in the third quarter of 2024, which included a non-cash after-tax investment loss of $1 billion related to VillageMD, according to its Oct. 31 ...

Humana reported $480 million in net income in the third quarter of 2024, down 42% since the same period last year, according to its third quarter earnings report published Oct. 30. Total revenue in ...

Aetna and Elevance Health will eliminate broker commissions for some Medicare Advantage plans, according to the National Association of Benefits and Insurance Professionals. According to documents ...

Tim McKnight has been named UnitedHealth Group's chief information security officer, according to a post on his LinkedIn page. Mr. McKnight takes over the role from Steven Martin, who is moving into ...

Independence Blue Cross is laying off about 130 employees, or 3% of its total workforce of 4,600. "In response to rapid changes in market conditions and industry dynamics, we are undertaking a careful ...

Payer executives are looking forward to investing in AI, improving equity and new care models in 2025. The 18 executives featured in this article are speaking at the upcoming Becker's Payer Issues ...

Eighteen insurers have exited Medicare Advantage markets for 2025, with more than 1.8 million people currently enrolled in plans that will not exist next year, according to OliverWyman. Market exits ...

Vermont has the highest average ACA benchmark premium for 2025 coverage, while New Hampshire has the lowest, according to KFF. The ranking was created by analyzing premiums using the second-lowest ...

UnitedHealth Group brought in an estimated $3.7 billion in payments linked to health risk assessments and chart reviews in 2023, according to an audit published by HHS' Office of Inspector General.

Open enrollment for individual plans on the ACA exchange begins Nov. 1. Enrollment in ACA plans hit a record high of 21.4 million in 2024, spurred by enhanced premium subsidies. 2025 could be the last ...