Eighteen insurers have exited Medicare Advantage markets for 2025, with more than 1.8 million people currently enrolled in plans that will not exist next year, according to OliverWyman. Market exits ...

Elevance Health is laying off 123 employees in Southern California, according to regulatory documents filed with the state Oct. 14. Elevance will lay off 59 employees at Anthem Blue Cross in Woodland ...

Centene is the latest insurer challenging CMS' star ratings in court. In a lawsuit filed Oct. 22, Centene asked a federal judge to require CMS to recalculate its star rating without including a secret ...

CMS has lifted an enrollment suspension on a UnitedHealthcare subsidiary's Medicare Advantage plan following three years of not meeting the required 85% medical loss ratio. In September 2023, CMS ...

Gordon Smith has been elected to Humana's board of directors. Mr. Smith currently serves as an operating advisor for private equity firm Clayton, Dubilier & Rice, according to an Oct. 23 Humana news ...

Oscar Health is rolling out new plans for 2025. The insurer will offer individual plans in 504 markets in 18 states, according to an Oct. 21 news release. Oscar will add new markets in Texas, Oklahoma ...

Four insurers have been named the best Medicare Advantage carriers for 2025 by U.S. News & World Report. U.S. News used CMS star ratings data and more than 30 quality measures from the agency to ...

Cigna's board of directors declared a $1.40 per share cash dividend to be paid on Dec. 19. The dividend will be paid to shareholders of record as of the close of business Dec. 4, according to a Oct.

Define Ventures, a venture capital firm focused on early-state health tech companies, has named former Humana president and CEO Bruce Broussard as venture partner. Mr. Broussard will partner closely ...

Wall Street analysts say a potential Cigna-Humana merger depends on the results of the presidential election, Bloomberg reported Oct. 21. Scott Fidel, an analyst with Stephens, wrote that the merger ...

Changes from the Inflation Reduction Act are one factor driving up medical costs for UnitedHealth Group. The company reported its third-quarter earnings Oct. 15. UnitedHealth predicted its 2024 ...

UnitedHealthcare and York, Pa.-based WellSpan Health remain at odds over a new contract as their current deal is set to expire Oct. 31, ABC affiliate WHTM reported Oct. 14. UnitedHealthcare is ...