Numerous health insurers — including BCBS of Illinois, Oscar Health and UnitedHealthcare — are cutting or altogether eliminating agents' commissions, according to USA Today.
Compensation Issues
Iowa Gov. Terry Branstad's (R) plan to privatize Medicaid in the state has come to fruition.
Tenet Healthcare President and CEO Trevor Fetter and the Dallas-based system's CFO Daniel Cancelmi experienced compensation cuts of 14.5 percent and 47.2 percent, respectively, in 2015.
Physicians bring home considerable paychecks — in fact it is the highest paying profession in the U.S. in 2016, according to Glassdoor. Data from Medscape's latest Physician Compensation Report shows average annual physician compensation ranges from $204,000 for pediatricians to…
Physicians are taking a 5 percent pay cut to keep the lights on at Springfield-based Southern Illinois University School of Medicine. The cuts are due to a lack of state funding since July 1, in addition to the lack of…
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After the Oklahoma Health Care Authority — the state's Medicaid agency — said Medicaid rates will likely be cut by nearly 25 percent as of June 1, leaders from the Oklahoma State Medical Association are asking physicians to consider dropping…
Despite a lengthy dispute and negotiation process, Morehead, N.C.-based Carteret Health Care and Blue Cross and Blue Shield of North Carolina have come to an agreement, according to WCTI12.com.
Although Blue Cross Blue Shield of North Dakota was struggling in 2013, it has since recuperated and seen drastic increases in capital and surplus, according to The Jamestown Sun.
After a public hearing and much consideration, California Insurance Commissioner Dave Jones has approved St. Louis-based Centene's acquisition of Woodland Hills, Calif.-based Health Net — with a few conditions.
Although Bloomfield, Conn.-based Cigna CEO David Cordani's total compensation in 2015 increased 80 percent to $49 million, he was not the insurer's highest-paid employee, according to the Hartford Courant.