As New CEO Takes Charge, Cigna Reports $1.7 Billion Quarterly Profit

The Cigna Group reported second quarter net income of nearly $1.7 billion despite continued elevated medical costs dogging the entire health insurance industry.

Humana Profits Hit $694 Million As Medicare Costs Fall In Line

Humana reported second quarter net income of $694 million as costs of care for older adults in its Medicare Advantage plans fell in line with company expectations.

Centene Reports $1 Billion Profit As Health Insurer’s Costs Ease

Health insurer Centene’s net income eclipsed $1 billion in the second quarter as the company is getting a better handle on rising costs of people in its health plans.

UnitedHealth Group Profits Hit $5.4 Billion As Costs Continue To Ease

UnitedHealth Group reported second quarter net income of $5.48 billion as medical costs dropped, triggering an improved financial outlook for the rest of the year.

Elevance Health Profits Eclipse $1.4 Billion As Costs Ease Somewhat

Elevance Health reported second quarter net income of $1.45 billion as medical costs fell in some health plans, triggering an improved outlook for the rest of the year.

Eyes On Elevance Health, UnitedHealth For Continued Insurer Rebound

This week’s Elevance Health and UnitedHealth Group quarterly earnings are much anticipated for signs health insurers are keeping a handle on rising costs.

Another Wave Of Double-Digit Obamacare Rate Hikes Coming For 2027

Health insurers selling Obamacare are proposing another year of double-digit percentage premium increases for 2027, a new KFF analysis shows.

Specialty Pharmacy Gets Even Hotter After Cigna Investment And Peak Rock’s Asembia Buy

Cigna’s $100 million investment to support a new AI-powered pharmacy program and Peak Rock Capital’s purchase of Asembia may spur even more specialty pharmacy deals.

Peak Rock Capital Buys Asembia As Specialty Pharmacy Industry Grows

Peak Rock Capital bought Asembia, a provider of services surrounding specialty pharmacy including distribution, group purchasing and technology connecting patients.

Doctor Pay Is Up Because They’re Busy, Not Because Of Reimbursement

Physicians are working harder for more pay amid an ongoing doctor shortage while reimbursement rates are stagnant and expected to worsen, a new AMGA report shows.