Elevance Health had the largest profit margin in the third quarter of 2023 among the leading Blue Cross Blue Shield companies, according to a February analysis by Mark Farrah Associates.

Every major insurer has reported that Medicare Advantage costs are going up. 

New guardrails for Medicare Advantage plans' use of AI may not be clear enough, experts told members of the Senate Finance Committee. 

Cigna Healthcare has named Mike Cole as general manager for its employer business in North Texas and Oklahoma. 

Hundreds of people, including physicians, patients and Oregon Senate Majority Whip Sara Gelser Blouin, have urged the state department of health to block Optum's proposed acquisition of Corvallis (Ore.) Clinic, the Corvallis Gazette-Times reported Feb. 8.

UnitedHealthcare ended 2023 with the largest total membership of large payers across Medicare, Medicaid, military, commercial and individual business. 

Algorithms and artificial intelligence-powered software tools can be used to support Medicare Advantage plans in making coverage decisions for members, but payers are still bound by CMS' internal benefits requirements and nondiscrimination rules under the ACA, the agency said in guidance to insurers regarding its final 2024 MA rule.

Medicare Advantage is now the dominant form of Medicare in the U.S., with a projected 54% share by the end of 2024, or more than 33 million enrollees.

UnitedHealthcare is still the largest Medicare Advantage insurer in the U.S. 

CVS Health is looking for an executive director of payer contracting to provide strategy and oversight of the company's primary care contracts.

Wellmark Blue Cross and Blue Shield has partnered with the University of Iowa on a risk management and insurance degree program.

Centene has promoted its chief diversity, equity and inclusion officer, Erika McConduit, to chief impact officer.

UnitedHealth Group president and COO Dirk McMahon plans to retire April 1. 

Payer executives are not happy with CMS' proposed Medicare Advantage rates for 2025. 

CalOptima, a Medicaid insurer in Orange County, Calif., terminated its contract with four hospitals owned by Ontario, Calif.-based Prime Healthcare on Feb. 5.

Asking Medicare Advantage members a single question over the phone can help determine their health literacy status, a study from Humana published in the American Journal of Managed Care Feb. 7 found. 

It's going to be a difficult task for Health Care Service Corp. to turn Cigna's Medicare business into a financially successful endeavor, according to a Moody's analysis shared with Becker's.

The nation's largest payers have filed their fourth-quarter earnings reports, revealing how medical loss ratios changed year over year.

Georgia is suing the Biden administration to keep the state's partially expanded Medicaid expansion program running until Sept. 30, 2028, the Georgia Recorder reported Feb. 2. 

The nation's largest payers have filed their fourth-quarter earnings reports, revealing which recorded the largest revenues in 2023.