Health insurer Centene reported first quarter net income of $1.5 billion despite a 2 million enrollee drop in Obamacare enrollment.
Mark Cuban’s Cost Plus Drug Company and Humana’s CenterWell Pharmacy confirmed they have formed a partnership “to develop new end-to-end employer prescription solutions.”
Specialty drugs are an increasing worry for health plans and employers as new and innovative therapies enter the U.S. market and patients flock to them.
Elevance Health reported $1.7 billion in first quarter net income as cost issues continued to drag on earnings of the nation’s second-largest health insurer.
UnitedHealth Group reported first quarter net income of $6.3 billion as medical costs fell, triggering an improved outlook for the rest of the year.
UnitedHealthcare, the nation’s largest health insurer, will exempt rural physicians and hospitals from “prior authorization requirements across all lines of business.”
Oscar Health launched a new health marketplace to connect consumers to major individual health insurance plans as well as supplemental coverage beyond what it sells.
UnitedHealth Group earnings next week may signal whether health insurance companies are getting a handle on rising costs dragging down the industry.
The Trump administration announced a 2.48% payment increase for Medicare Advantage plans for 2027, a much bigger boost than an earlier proposal that kept rates flat.
Centene is bolstering its management team by creating two new senior executive positions as health insurers battle higher costs and new policies at the federal level.