DRH Health and Blue Cross and Blue Shield of Oklahoma (BCBSOK) have signed a new, two-year contract keeping DRH Health facilities and providers in-network. This agreement will continue the partnership in place with DRH Health and BCBSOK to promote quality, cost-effective health outcomes for BCBSOK members.
Cigna reported nearly $1.2 billion in fourth quarter net income as it continues to reap profits as both a health insurance company and a diversified provider of healthcare services. Cigna Friday said net income rose slightly to $1.17 billion, or $3.83 per share, in the fourth quarter ended Dec. 31, 2022 compared to $1.12 billion, or $3.39 per share, in the year-ago quarter.
A software update at Kaiser Permanente's Colorado division threw off its system that calculates how much members have paid toward their deductibles, and thousands of them will receive refund checks.
Policyholders have been trying to collect on policies for 'business interruption,' but courts have so far sided with insurers that argue the policies are triggered by physical damage to property, not the presence of virus
A proposal for lower-than-expected Medicare Advantage rates in 2024 has sent shares of publicly traded health insurers falling. UnitedHealth Group Inc.’s UNH, -5.22% stock fell 1.2% in trading on Thursday, shares of Elevance Health Inc. ELV, -3.74% were down 3.3% and Molina Healthcare Inc.’s MOH, -2.44% stock tumbled 1.6%.
All 12 health insurance companies in the individual, small group, and large group markets in Oregon failed to comply fully with the Reproductive Health Equity Act at varying levels, according to reports released Wednesday by the Oregon Department of Consumer and Business Services’ Division of Financial Regulation.