The Biden administration is trying to jump start a Medicare program that pays health providers based on patient outcomes rather than by how many services they perform.
Humana reported nearly $1.2 billion in third quarter profits largely due to growth in its Medicare Advantage health plans and lower than expected medical expenses. The health insurer Wednesday said net income was $1.19 billion compared to $1.5 billion in the third quarter of 2021.
Advocates estimate New York state could be overpaying $1 billion for health care amid an increasing disparity in hospital costs depending where a person receives treatment. Some lawmakers are working to find out by just how much.
BSA Health System and Physician Surgical Hospitals have reached an agreement with Blue Cross Blue Shield of Texas. The release says, the agreement ensures patients will not experience any disruption in care.
Carle Health and Aetna Monday struck a deal. Retired state employees enrolled in state-sponsored health benefits will be able to continue to see their Carle doctors at an in-network rate in the new year, according to both companies’ leadership. The news came late on the first day of open enrollment for those state benefits administered by the Illinois Department of Central Management Services (CMS).
Open enrollment launches Tuesday on HealthCare.gov, and the event has particular relevance for over half a million Texans. That’s because their current insurers, Bright Healthcare and Friday Health Plans, are exiting the Texas exchange business at the end of December and are not offering plans for next year.
