Payer: Page 30
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CMS pausing Medicaid redeterminations in states noncompliant with renewal requirements
The Biden administration is cracking down on states in an effort to curb rampant procedural disenrollments from the safety-net program.
By Rebecca Pifer • July 20, 2023 -
Elevance curbs elevated medical costs, raises 2023 forecast
Although it’s still early in the redeterminations process, Elevance is seeing “encouraging” signs that many Medicaid members who lose coverage are transitioning onto ACA plans, according to its CFO.
By Rebecca Pifer • July 19, 2023 -
Explore the Trendline➔
Yujin Kim/Healthcare DiveTrendlinePayer/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 -
Opinion
Patients and physicians pay the consequences for health plan delays
The chief medical officer at the Alliance for Patient Access argues for reforms to reduce burdens associated with prior authorization.
By David Charles • July 19, 2023 -
Returned UnitedHealth executive to lead Optum Health after stint at CVS
Amar Desai will become CEO of Optum’s care delivery organization after returning to UnitedHealth Group from CVS Health this spring.
By Emily Olsen • July 19, 2023 -
Colorado to shut down failing Friday Health Plans
State regulators had initially hoped the insurtech could operate for the rest of the year, but Colorado’s insurance division became concerned about Friday’s longevity after placing the insurer into rehabilitation.
By Emily Olsen • July 18, 2023 -
UnitedHealth beats Q2 expectations, despite medical cost growth fears
Rising outpatient utilization among seniors that spooked investors earlier in the quarter left the payer’s bottom line largely unscathed.
By Rebecca Pifer • July 14, 2023 -
Kraft Heinz sues Aetna, says insurer breached ERISA fiduciary duties
Aetna wrongly retained millions in undisclosed fees and paid provider claims “that should have never been paid,” according to the lawsuit filed in a Texas federal court.
By Ryan Golden • July 13, 2023 -
Deep Dive // Medicaid redeterminations
States’ varying approaches complicate effort to determine impact of Medicaid redeterminations
Millions of people have been disenrolled from Medicaid, but it’s too early to get a full picture of redeterminations’ effect on vulnerable Americans, experts say.
By Emily Olsen • July 13, 2023 -
Humana, Elevance, Centene downgraded days before second-quarter earnings kickoff
J.P. Morgan and Wolfe Research analysts cited uncertainty and pricing concerns in Medicare Advantage in addition to cost pressures in the commercial market when downgrading major U.S. payers.
By Rebecca Pifer • July 13, 2023 -
CMS faces poor data quality in payment model health equity push
Variable race and ethnicity data is making it difficult to determine whether CMS Innovation Center models are reaching, enrolling and helping underserved beneficiaries, according to a new white paper from the agency.
By Rebecca Pifer • July 12, 2023 -
CVS Caremark, GoodRx partner on automatic drug discounts for commercially insured
The program will be a source of revenue for GoodRx, and might also open a new fee stream for CVS’ pharmacy benefit manager as the drug middlemen face increased scrutiny for complex pricing models.
By Rebecca Pifer • July 12, 2023 -
CMS to return $9B to 340B hospitals under new plan
Hospital groups said the proposed rule is an important step toward restitution for years of 340B underpayments, but they criticized regulators for proposed rate decreases and a lack of additional interest payments.
By Rebecca Pifer • July 10, 2023 -
Home health industry group sues CMS, HHS over payment cuts
The National Association for Home Care and Hospice said regulators used “an illogical and invalid methodology” in a new payment model.
By Emily Olsen • July 7, 2023 -
Biden admin rolls back Trump-era expansion of short-term health plans
The proposed rule released Friday would limit short-term plan duration to up to four months. Stakeholders have been waiting for President Joe Biden to restrict access to the bare-bones coverage since he assumed office.
By Rebecca Pifer • July 7, 2023 -
FDA grants Eisai’s Leqembi full approval, opening door to wider use of Alzheimer’s drug
The broader approval is expected to push insurers, namely Medicare, to increase coverage of amyloid-targeting therapies.
By Jacob Bell • July 6, 2023 -
MA beneficiaries more socioeconomically disadvantaged than FFS enrollees, report finds
People who enroll in privately-run MA plans are more likely to be non-white and have lower incomes, according to a white paper from Inovalon and Harvard Medical School.
By Emily Olsen • July 6, 2023 -
Medicare Advantage’s quality bonus program needs reform, Urban Institute argues
The QBP is a significant source of revenue for MA insurers, but generally doesn’t translate to higher quality care for beneficiaries, according to the nonprofit’s new report.
By Rebecca Pifer • July 6, 2023 -
Opinion // Medicaid redeterminations
More funding for cultural outreach is imperative to curb procedural Medicaid disenrollments
Investing in appropriate outreach as states resume eligibility checks is both humane and economically efficient, argues Jackie Leung, a public health researcher and professor at Linfield University.
By Jackie Leung • July 6, 2023 -
CMS proposes $375M reimbursement cut to home health agencies
Industry groups argue the payment cuts will exacerbate an already shaky financial situation for home health providers.
By Emily Olsen • July 5, 2023 -
Rural health startup Homeward names long-standing Centene executive to board
Brent Layton’s experience scaling Centene could help Homeward as it looks to grow and transform its rural healthcare services.
By Brian T. Horowitz • July 5, 2023 -
Georgia’s Medicaid work requirements pricier, more restrictive than full expansion
By only enacting a partial expansion, the state is forgoing $1.1 billion in federal funding and harming access to coverage, according to a new report.
By Rebecca Pifer • June 30, 2023 -
Molina lowers price of Bright Health’s California MA plans
Bright Health will get less money than expected for its California Medicare Advantage unit, after agreeing to lower its sale price from $510 million to $425 million.
By Emily Olsen • Updated Dec. 18, 2023 -
Healthcare costs will grow 7% next year, PwC finds
Providers are expected to seek rate increases from payers as they struggle with labor costs, while health plans will face pressure from increased pharmaceutical expenses.
By Emily Olsen • June 29, 2023 -
MA beneficiaries with chronic conditions have lower utilization, spending, industry-backed report finds
The Better Medicare Alliance-funded analysis compared beneficiaries with hypertension, hyperlipidemia and diabetes across MA and traditional Medicare and found that spending was “consistently higher” among FFS beneficiaries.
By Emily Olsen • June 28, 2023 -
Pfizer, citing safety concerns, scraps one of two obesity pill hopefuls
Liver enzyme elevations in early- and mid-stage testing have led the drugmaker to discontinue development of a medicine known as lotiglipron, dealing a blow to its hopes of catching rivals Lilly and Novo Nordisk.
By Ben Fidler • June 26, 2023