Thursday, November 10, 2022: M&A

Elevance Health announced it will acquire specialty pharmacy company BioPlus from CarepathRx. BioPlus provides pharmacy care to patients living with chronic conditions and operates Centers of Excellence that help oncology and multiple sclerosis patients receive...

Thursday, November 10, 2022: Payers

Bright Health Group announced it will end Medicare Advantage (MA) and Affordable Care Act (ACA) operations in all states except California for 2023. In October, the insurtech announced it would exit the ACA exchange business to focus next year solely on its MA...

Wednesday, November 9, 2022: Payers

Oscar Health CEO Mario Schlosser told investors on Tuesday that the insuretech company has effectively abandoned Medicare Advantage (MA) after attracting few policyholders during its four years in the market. Oscar Health offered MA plans in New York and Texas this...