MCO Stock Performance, April 2021
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Emails, Letters Spur Better Plan Choices Among California Exchange Members
California’s individual health exchange successfully used inexpensive email and letters to encourage consumers to switch to lower-cost coverage that provided them with better benefits, according to new research. T...
News Briefs
✦ Centene Corp. has appointed Drew Asher as its new chief financial officer (CFO) and executive vice president, replacing Jeffrey Schwaneke, who is rotating to manage the firm’s HealthCare Enterprises venture ca...
Payers Use Data, Outreach, Rides to Encourage Vaccination
Health insurers across the country are doing what they can to get their members vaccinated against COVID-19, drawing on member communication and big data strategies that they have developed over the last several yea...
CVS/Aetna 1Q Results Receive Wall Street Stamp of Approval
CVS Health Corp. impressed Wall Street analysts with strong first-quarter 2021 financial results, which were largely driven by the performance of its PBM and health benefits segments. Evercore ISI analysts, for exam...
In 2020, Insurers Profited Across Multiple Markets With Chart: Health Insurers Remain Profitable Amid Pandemic
Last year payers were profitable across multiple business lines, according to a May 3 report from the Kaiser Family Foundation (KFF). The report, which was based on data submitted to the National Association of Insu...
News Briefs
✦ Nearly 940,000 people have signed up for health insurance plans through HealthCare.gov during the pandemic-related special enrollment period as of May 6, according to HHS. Also, nearly 2 million people who are a...
Analysts Expect Plenty of Insurer M&A but Few Big Deals
Industry analysts say they expect the environment for mergers and acquisitions in the health insurance sector to be “favorable” this year, and thus they anticipate “robust M&A activity” among firms that ...
Washington’s Public Option Gets Mixed Results in First Year
Washington became the first state in the country to implement a public option on its individual exchange, with plans launching in the 2021 plan year. Experts say that it’s not yet clear whether the plans, which ar...
Centene’s 1Q Features Lots Of Pandemic Upside, Downside
Centene Corp.’s two dominant business lines — managed Medicaid and the Affordable Care Act exchanges — both were sources of significant headwinds and tailwinds in the first quarter of 2021, underscoring the of...