Thursday, February 9, 2023: Payers

A new survey from Willis Towers Watson revealed that employers are examining their relation with health and wellbeing vendors to ensure they are getting their money’s worth and receiving the services that the vendor said they would deliver. The survey found that 88...

Thursday, February 9, 2023: Payers

Centene Corp. has agreed to pay more than $215 million to California over allegations it overcharged the state for pharmacy services. The agreement makes California at least the 17th state to settle pharmacy billing claims totaling $939 million with Centene and the...

Thursday, February 9, 2023: Payers

UnitedHealthcare announced UnitedHealthcare Rewards – a new wearables-based rewards program for members and their spouses. Via the program, eligible members can earn up to $1,000 per year by using wearable devices to complete health goals and activities. The insurer...

Thursday, February 9, 2023: Payers

The Department of Justice (DOJ) announced that it collected $2.2 billion in False Claims Act settlements and judgments for the federal fiscal year 2022, with over $1.7 billion related to the health care industry. The $1.7 billion in collections range from fraud in...

Wednesday, February 8, 2023: Payers

A study published in Health Affairs found that Medicare Advantage (MA) plans added 22.2 million beneficiaries while traditional Medicare lost 1 million enrollees from 2006 through 2022. According to the research, MA growth occurred broadly across counties and age...

Wednesday, February 8, 2023: Payers

Centene expects to lose an estimated 2.2 million Medicaid members during the redetermination process over the next 18 months, which would significantly dial back the insurer’s pandemic-era growth. For full-year 2022, Centene reported $1.2 billion in profit, down...