Payer: Page 10


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    Deep Dive

    Insurers closed out 2024 on shaky footing

    Operating income fell for all but two major payers’ insurance divisions in the fourth quarter. And 2025 may be no better, after many insurers released outlooks suggesting medical costs will continue to rise.

    By Feb. 25, 2025
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    Physicians say prior authorization stands in the way of medically necessary care

    Physicians surveyed by the American Medical Association say prior authorization can cause care delays or force patients to abandon treatment. Denials could also increase as insurers adopt AI to review claims.

    By Feb. 25, 2025
  • Explore the Trendline
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    Yujin Kim/Healthcare Dive
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    Trendline

    Payer/provider relationships

    As M&A intensifies and companies embrace more holistic and value-based care models, partnerships have become more closely intertwined.

    By Healthcare Dive staff
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    Express Scripts, Caremark, Optum Rx plan to appeal effort to block FTC lawsuit

    The “Big Three” PBMs are kicking their suit up to the 8th Circuit and, in the meantime, are once again asking a Missouri district judge to halt the FTC’s administrative case against them.

    By Feb. 24, 2025
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    Medicaid cuts could worsen home care worker shortage: KFF

    States have increased provider payment rates to address workforce shortages, but they may have to cut back if spending cuts hit Medicaid, according to the health policy researcher.

    By Feb. 20, 2025
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    FTC case against Caremark, Express Scripts, Optum Rx can move forward, judge rules

    A Missouri district court judge on Tuesday said stopping the FTC’s suit against the Big Three PBMs would be “against the public’s interest.” 

    By Feb. 20, 2025
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    Courtesy of Humana
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    Humana plans to add up to 30 more primary care centers this year

    The new centers are being built or acquired in 11 of the 15 states where Humana’s primary care network already has a presence.

    By Updated Feb. 19, 2025
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    CVS taps Ed DeVaney to head Caremark

    DeVaney was named president of the pharmacy benefit manager after serving in the interim role since December. 

    By Feb. 19, 2025
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    MultiPlan rebrands as Claritev amid alleged price-fixing lawsuits

    The company has faced a spate of lawsuits, including recent litigation by the American Medical Assocation that claimed it colluded with insurers to underpay providers for out-of-network care. 

    By Feb. 18, 2025
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    Trump administration slashes funding for ACA navigators

    The CMS on Friday announced a record cut to funding for community groups that help consumers learn about and select ACA plans, suggesting President Donald Trump plans to once again chip away at the exchanges.

    By Feb. 18, 2025
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    RFK Jr.'s path to HHS secretary

    RFK Jr. confirmed as HHS secretary

    Robert F. Kennedy Jr., a prominent vaccine critic, was confirmed Thursday by the U.S. Senate in a 52-48 vote to serve as the nation’s top health official.

    By Feb. 13, 2025
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    GOP calls for $1.5T in cuts, much of which could come from healthcare

    House Republicans unveiled their budget wish list last week, which directs the Energy and Commerce Committee — which oversees Medicare and Medicaid — to find $880 billion in savings.

    By Feb. 13, 2025
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    CVS slashes profit in 2024 as high medical costs hit Aetna

    However, the healthcare giant beat Wall Street expectations for earnings and revenue in the fourth quarter, sending its stock soaring on Wednesday. 

    By Feb. 12, 2025
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    Large healthcare companies are redistributing most of their profits to shareholders, study finds

    Researchers suggested that policymakers encourage reinvestment of capital into patient care and limit share buybacks based on the findings.

    By Feb. 12, 2025
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    Permission granted by Vertex Pharmaceuticals
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    Deep Dive

    A new, non-opioid pain drug is here. Getting it to patients could be agony.

    After decades of research, Vertex Pharmaceuticals now has an approved pain medication. Can one of the world’s most powerful biotechs contend with a healthcare system that’s long favored opioids?

    By Jacob Bell • Feb. 11, 2025
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    Humana’s 2024 profit slashed in half amid higher medical spending

    The massive insurer now expects to lose 550,000 Medicare Advantage members — roughly one-tenth of its individual MA footprint — this year as a result of plan cuts.

    By Feb. 11, 2025
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    Nearly two-thirds of Medicaid beneficiaries already work: KFF

    Most adults on Medicaid are employed, suggesting few beneficiaries wouldn’t meet a work requirement policy being considered by Republicans in Congress.

    By Feb. 7, 2025
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    Alphabet’s Verily to sell stop-loss insurance unit to Elevance

    The deal could signal that Elevance wants to build out its commercial products to hedge against volatility in Medicaid and privatized Medicare plans.

    By Feb. 7, 2025
  • Elon Musk embraces Republican presidential nominee, former President Donald Trump during a campaign rally at the Butler Farm Show fairgrounds on October 05, 2024 in Butler, Pennsylvania.
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    Elon Musk’s DOGE gains access to CMS

    The CMS said it’s working to find “opportunities for more effective and efficient use of resources in line with meeting the goals of President Trump.” The agency could be a big — and politically delicate — target for DOGE.

    By Feb. 6, 2025
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    New contract wins ding Molina’s earnings outlook for 2025

    Medicaid and dual-eligible contracts fuel growth for the California-based insurer, but also come with upfront implementation costs that will lower its earnings this year, executives said.

    By Feb. 6, 2025
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    Express Scripts, Kroger reach new pharmacy network agreement

    The two have mended fences after a nasty contract dispute in 2022 caused Kroger pharmacies to go out of network with Express Scripts’ members.

    By Feb. 5, 2025
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    Oscar Health reports first profitable year

    The insurer lost $153.5 million in the fourth quarter but still eked out a $25.4 million profit for the full year thanks to snowballing growth in ACA plans.

    By Feb. 5, 2025
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    Molina closes ConnectiCare acquisition

    The deal adds $1.4 billion in annual premiums to Molina’s topline and 140,000 additional Medicare, Affordable Care Act marketplace and commercial members to the insurer’s rolls.

    By Feb. 4, 2025
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    Samantha Liss/Healthcare Dive
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    Centene sets itself up for ‘equilibrium’ in 2025

    The insurer also reported notable ACA growth for this year, though membership could tick back down through the second quarter due to program integrity efforts.

    By Updated Feb. 5, 2025
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    Cigna to tie executive compensation to customer satisfaction

    Cigna is one of a handful of national insurers that pledged to ameliorate customer pain points with healthcare, but the first to release a specific plan. 

    By Feb. 3, 2025
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    ACA plans denied one-fifth of in-network claims in 2023, KFF finds

    Insurers poked holes in KFF’s methodology — a spokesperson for UnitedHealth called the study “grossly misleading” — to argue that they approve most of the claims they receive.

    By Jan. 31, 2025