by Jordana Choucair | Mar 17, 2022 | Payers
Blue Cross Blue Shield affiliates and other payers filed a lawsuit against Walgreens for knowingly overcharging payers and customers for prescription drugs. The lawsuit alleges that Walgreens submitted claims with artificially inflated drug prices for more than a...
by Jordana Choucair | Mar 16, 2022 | Payers
The Medicare Payment Advisory Commission (MedPAC) released a new report indicating that the federal government spent $12 billion more on patients enrolled in Medicare Advantage (MA) than it would have under traditional Medicare in 2020. MedPAC told Congress the rising...
by Jordana Choucair | Mar 11, 2022 | Payers
A new report from the Kaiser Family Foundation (KFF) and the Peterson Center revealed that Americans owe at least $195 billion of medical debt. The bulk of the debt (71 percent) is owed by people with over $10,000 in debt. The financial burden falls disproportionately...
by Jordana Choucair | Mar 10, 2022 | Payers
Anthem Inc. plans to change its name to Elevance Health Inc., aiming to recast itself as a company with a broader portfolio and focus than its traditional business of health insurance. Anthem CEO Gail Boudreaux said that the new name better reflects Anthem’s business....
by Jordana Choucair | Mar 9, 2022 | Payers
The Senate passed The Postal Service Reform Act, a sweeping bipartisan bill that will overhaul the US Postal Service’s finances and allow the agency to modernize. The bill would require retired postal employees to enroll in Medicare when eligible, while dropping...
by Jordana Choucair | Mar 9, 2022 | Payers
Amazon Pharmacy announced it is partnering with select Blue Cross and Blue Shield (BCBS) insurers to integrate its drug discount card into their health care coverage. Individuals who receive health insurance through five BCBS plans in Alabama, Florida, Kansas,...
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