Independence Health Group CEO Gregory Deavens plans to retire at the end of 2025. The company is the parent of Independence Blue Cross. Blue Shield of California named Lois Quam as its next CEO. Ms.

Cigna's board of directors declared a $1.51 per share cash dividend to be paid March 20. This reflects an 8% increase from the 2024 quarterly cash dividend of $1.40 per share, according to Cigna's Jan ...

Aetna, Blue Shield of California and Centene's Health Net are launching a shared, value-based payment model for reimbursing primary care physicians in California. The project, led by the California ...

The number of prior authorization determinations issued by Medicare Advantage insurers continued to grow in 2023, according to a new report from KFF. The report, published Jan. 29, examines data from ...

Portland-based Oregon Health & Science University will go out of network with UnitedHealthcare if the two sides are unable to reach a new contract agreement by March 31, Willamette Week reported Jan.

Alabama has the highest average in-network denial rate for ACA insurers, while South Dakota has the lowest, according to KFF. KFF analyzed CMS data on claims denials and appeals for non-group ...

The sale of Cigna's Medicare Advantage business to Health Care Service Corp. has been approved by all federal regulators, according to The Cigna Group CFO Brian Evanko. Mr. Evanko, who is also CEO of ...

UnitedHealthcare has reached a settlement to resolve three proposed class action lawsuits alleging that the insurer wrongfully denied coverage for a specialized cancer treatment that plaintiffs claim ...

Insurance CEOs hired police in multiple states to provide security and conduct checks at their homes following the fatal shooting of UnitedHealthcare CEO Brian Thompson in late 2024, the Washington ...

An organization representing Medicare Advantage insurers is asking CMS to pause any policy changes to the program not required by law in 2026. In a Jan. 28 press release, the Better Medicare Alliance, ...

A federal judge has partially dismissed a lawsuit filed by a former Johnson & Johnson employee alleging that the pharmaceutical giant mismanaged its employees’ prescription drug benefits, thereby ...

Centene and CVS Health had the highest rates of prior authorization denials in 2023, according to a report from KFF. The report, published Jan. 29, analyzed data submitted to CMS by Medicare Advantage ...