Today's Top 20 Stories
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Georgia seeks bidders for $6B Medicaid contracts
Georgia is seeking bids from payers to manage the state's Medicaid program. -
Former Medicare Advantage organization executive charged in multimillion dollar fraud scheme
A former executive of Elevance-owned HealthSun Health Plans has been charged for allegedly orchestrating a multimillion-dollar Medicare fraud scheme. -
BCBS companies ranked by medical loss ratios in first half of 2023
BCBS companies collectively reported an average medical loss ratio of 90.2% in the first half of 2023, according to an Oct. 24 report from Fitch Ratings shared with Becker's.
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BCBS Massachusetts exec appointed as New York's first customer experience officer
New York Gov. Kathy Hochul has appointed Tonya Webster to serve as the state's first chief customer experience officer. -
Why Humana is training every employee on health literacy
Kate Goodrich, MD, chief medical officer of Humana, is leading a companywide initiative to improve members' health literacy. -
Cigna sets quarterly dividend
The Cigna Group's board authorized the company to pay a cash dividend of $1.23 per share on Dec. 21 to all shareholders of record as of the close of business Dec. 6, according to an Oct. 25 Cigna news release. -
Judge upholds BCBS companies' antitrust settlement
A federal judge upheld a $2.7 billion settlement agreement resolving allegations Blue Cross Blue Shield Association members engaged in anti-competitive actions to drive up costs.
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Most profitable BCBS companies in first half of 2023
BCBS companies collectively reported $7.5 billion in net income in the first half of 2023, according to an Oct. 24 report from Fitch Ratings shared with Becker's. -
High-deductible health plan growth stalls
The proportion of people with employer-sponsored insurance enrolled in high-deductible health plans is similar to five years ago, according to KFF's employer health benefits survey published Oct. 18. -
Centene in the headlines: 8 recent updates
Centene reported $469 million in profit in the third quarter of 2023 and is adding new executives. -
The Better Medicare Alliance's vision for MA: 10 things to know
The Better Medicare Alliance is recommending a set of policies to Congress and CMS to improve prior authorization, behavioral health access, equity and more in the program.
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Aetna, OHSU at odds over new contract
About 30,000 Aetna beneficiaries are at a risk of losing coverage at Portland-based Oregon Health & Science University if the sides are unable to agree on a new contract by Dec. 31, the Lund Report reported Oct. 24. -
How payers' ACOs fared in 2022
Humana's ACO saved over $25 million for the Medicare program in 2022. -
Centene CEO: Bipartisan support for Medicaid expansion growing
Centene CEO Sarah London is expecting more states to expand Medicaid. -
BCBS companies ranked by total revenue in first half of 2023
BCBS companies collectively reported $214.8 billion in revenue in the first half of 2023, according to an Oct. 24 report from Fitch Ratings shared with Becker's. -
UnitedHealth in the headlines: 10 updates
From posting a $5.8 billion profit in the third quarter of 2023 to enhancing the benefits of its UCard, here are 10 updates on UnitedHealth Group Becker's has reported since Sept. 29: -
Empire BCBS names president
Empire BlueCross BlueShield and Empire BlueCross have named Victor DeStefano as its next president. -
Cigna reduces workforce
Former employees with the Cigna Group and its subsidiaries have taken to social media in October regarding layoffs they say are occurring across the company. -
Centene sees 75% marketplace enrollment growth
Centene's individual marketplace business has grown 75% year over year, adding 1.6 million members since the third quarter of 2022, according to the company's third quarter earnings report published Oct. 24. -
ACO REACH predecessor saved $371M in 2022
The Medicare Global and Professional Direct Contracting model saved the program more than $300 million in net savings in 2022, according to CMS data published Oct. 24.
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