Experts Predict Robust Health Care Agenda After Election
Avalere Health experts who spoke during an Aug. 11 webinar predicted an “active legislative environment” for health care regardless of which party emerges victorious from the coming election. The selection of Se...
MCO Stock Performance, July 2020
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Major Insurers Get Financial Boost From COVID-19
Publicly traded health insurers had unusually strong financial performances during the second quarter of 2020, mainly driven by a reduction in health care utilization due to the coronavirus pandemic. Six leading hea...
News Briefs
✦ Molina Healthcare Inc. and two of its subsidiaries have been accused of providing subpar care and overbilling the government for children’s behavioral health services by $20 million, Axios reported on Aug. 13....
Experts: Congress Must Build on Telehealth Executive Order
Recent events indicate the telehealth boom caused by the COVID-19 pandemic will result in a permanent expansion of virtual care. On Aug. 3, the Trump administration issued an executive order directing HHS to make pe...
New Health Benefit Designs Aim to Offer ‘Softer Landing’
With the COVID-19 pandemic ushering in significant economic uncertainty and consumer frustration mounting over rising health insurance deductibles, benefit designs that aim to give consumers more upfront value appea...
CVS’s Aetna Unit Gets Big Boost From Utilization Decline
While Aetna is just one part of CVS Health Corp.’s massive health care enterprise, it was disproportionately responsible for the company’s strong financial performance during the second quarter of 2020, thanks t...
Humana Touts Home Care Deals, Sees COVID Earnings Boost
Humana Inc.’s second quarter earnings exceeded investor expectations due to a drop in utilization, although the insurer expects spending on health care services to rebound somewhat as patients continue to return t...
California Exchange Insurers File Record-Low Rate Requests for 2021
In its initial release of requested rate increases from insurers, Covered California, the state’s Affordable Care Act (ACA) exchange, announced a state record-low average rate increase of 0.6% for the individual m...
Insurers Collect Billions Following SCOTUS Risk Corridors Ruling
The U.S. Court of Federal Claims last month issued judgments of $3.7 billion to insurers involved in two class-action lawsuits, after the Supreme Court ruled in April that insurers were entitled to more than $12.2 b...