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 ...

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 ...

From star rating lawsuits to a record antitrust settlement, here are eight lawsuits, settlements and legal developments involving payers that Becker's has reported since Oct. 3: 1. Centene is asking a ...

Though he did not mention the deal directly, Cigna CEO David Cordani appeared to dismiss rumors of reignited merger talks with Humana and said the company was focused on share buybacks. "We don't ...

Humana has seen stable inpatient trends in the second and third quarters of 2024, according to CEO Jim Rechtin. In July, the company reported higher than expected inpatient costs. CFO Susan Diamond ...

Texas will delay awarding Medicaid contracts until 2025, pausing a shakeup that could have led 1.8 million beneficiaries to switch plans, The Dallas Morning News reported Oct. 31. Texas's Health and ...

Aetna's SimplePay plan cut healthcare costs for employers while encouraging members to seek out higher quality care. The company is expanding the plan for 2025, Amie Benedict, president of diversified ...

From challenging CMS' Medicare Advantage star ratings to completing the sale of another subsidiary, here are 10 updates on Centene that Becker's has reported since Sept. 11: 1. Centene reported $713 ...