by Jordana Choucair | Oct 18, 2022 | Payers
The Department of Justice (DOJ) filed a lawsuit against Cigna, alleging it made tens of millions of dollars by making certain Medicare Advantage (MA) patients seem sicker than they actually were. According to the lawsuit, Cigna structured home visits for the primary...
by Jordana Choucair | Oct 18, 2022 | Payers
For the first time in 40 years, overall inflation accelerated at a faster rate than health care costs, but experts warn it won’t last long. According to a Mercer survey, employers expect health benefits costs to increase 4.4 percent this year – half the rate of...
by Jordana Choucair | Oct 17, 2022 | Payers
A new Commonwealth Fund study shows that seniors who select Medicare Advantage (MA) over traditional Medicare plans this enrollment season will do so because of the perks. Overall, enrollment in MA plans is projected to rise to more than 50 percent by 2025....
by Jordana Choucair | Oct 17, 2022 | Payers
UnitedHealth Group’s Chief Financial Officer John Rex said it will cost the insurer $100 million to integrate Change Healthcare’s claims processing with its OptumInsight revenue cycle management unit. According to Rex, Change Healthcare will bring in a projected $800...
by Jordana Choucair | Oct 13, 2022 | Payers
Willis Towers Watson’s 2023 Global Medical Trends Survey of health plans found that inflation could drive health benefit costs about 10 percent higher this year. Seventy-eight percent of the 257 insurers surveyed said it will be especially costly over the next three...
by Jordana Choucair | Oct 13, 2022 | Payers
Willis Towers Watson’s 2022 Retiree Medical Survey indicates that employers are looking for ways to counter rising health care costs for their pre-Medicare and Medicare-eligible retiree plans. According to the survey, 49 percent of employers expect to introduce...
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