Today's Top 20 Stories
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Hospitals' Medicare Advantage market share is decreasing — how Geisinger is bucking the trend
Health system-owned Medicare Advantage enrollment continues to grow overall, but providers' share of the national MA market currently sits at 13%, compared to 17% in 2019. -
Cigna's 5 highest-earning executives in 2023
Cigna Group CEO David Cordani was paid $21 million in total compensation in 2023, up slightly from 2022. -
Payers to meet with federal officials over Change attack
Federal health officials and payers are expected to meet March 18 to discuss how to support providers still struggling financially following the February cyberattack on UnitedHealth's Change Healthcare, according to a Bloomberg report.
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5 trends shaping the future of Medicare Advantage
Higher medical spending could be the new normal in Medicare Advantage — and insurers will have to find a way to respond, McKinsey analysts wrote. -
MedPAC: Medicare Advantage needs major overhaul — now
The Medicare Payment and Advisory Commission called for a "major overhaul" of Medicare Advantage policies in its annual report to Congress. -
Health insurance executive moves | 2024
Payer executive moves reported by Becker's in 2024: -
Anthem loses out on Kentucky Medicaid contract after court ruling
Elevance Health's Anthem BCBS subsidiary will not administer Medicaid benefits in Kentucky, the state's supreme court ruled March 14, the Kentucky Lantern reported.
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Optum receives green light for emergency purchase of Oregon clinic
Oregon state regulators will allow UnitedHealth Group's Optum to bypass a state review of its planned purchase of Corvallis Clinic, citing an immediate need to maintain the provider's financial solvency. -
Hospital CEO blames Medicare Advantage for layoffs
A lack of payments from Medicare Advantage plans is one reason a Connecticut hospital is laying off staff, the Hartford Courant reported March 14. -
UnitedHealth Group in the headlines: 12 updates
From the fallout of the Change Healthcare cyberattack to the Justice Department reportedly beginning an antitrust investigation into the company, here are 12 stories involving UnitedHealth Group that Becker's has covered since Feb. 22: -
These 9 states cover Wegovy through Medicaid
Five states offered unrestricted coverage of the weight loss drugs Wegovy and Saxenda, a study published March 14 in JAMA found.
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Senators eye dual-eligible changes: 5 things to know
A bipartisan group of senators is introducing legislation to require states to offer integrated Medicaid and Medicare plans to dual-eligible beneficiaries. -
Feds sue 6 health plans for allegedly hiding overpayments
The Justice Department is suing six health plans participating in the Uniformed Services Family Health Plan program for allegedly concealing overpayments for services provided to retired military members and their families. -
Medicare Advantage in the headlines: 9 recent updates
Several new studies uncovered differences between Medicare Advantage and fee-for-service, and CMS is calling on Medicare Advantage organizations to extend advanced funding to providers affected by the Change Healthcare outage. -
California names Medicaid director
California has appointed Tyler Sadwith as the state's Medicaid director. -
15 payers among Newsweek's greatest workplaces for women in 2024
Newsweek has published its 2024 "America's Greatest Workplaces for Women" ranking, which includes 15 health insurers. -
Feds select 32 health plans for U.S. Postal Service contract
The U.S. Office of Personnel Management has selected 32 health plans to administer health benefits for U.S. Postal Service employees and their families. -
Optum Financial Services names CEO
Optum Financial Services has named Dhivya Suryadevara as CEO. -
Washington state fines Molina Healthcare for enrollment, billing errors
The Washington state insurance commissioner's office fined Molina Healthcare of Washington $100,000 for enrollment and billing errors. -
Medicare Advantage beneficiaries receive fewer days of at-home care: Study
Medicare Advantage beneficiaries received less at-home care than their counterparts in fee-for-service Medicare, a study published March 1 in JAMA Health Forum found.
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