With Closed Network, UnitedHealth Goes ‘Back to the Future’

UnitedHealthcare is testing a new product in southern California using a closed network that relies on the company’s own OptumCare medical group. The product, which the insurer first rolled out in mid-2019, boasts premiums that are significantly lower than other plans from United and from competing insurers.

OptumCare has grown over the past decade to include nearly 50,000 employed or aligned physicians, and the company is expecting it to point the way forward for plans to “reinvent health care delivery,” Optum CEO Andrew Witty told investors late last year at UnitedHealth Group’s annual investor day (HPW 12/9/19, p. 4). The new insurance product, Harmony, is part of that effort.

0 Comments
© 2024 MMIT
Freelance Reporter

Freelance Reporter Freelance Reporter

Related Posts

doctor-looking-at-screen
March 22

New Billing Codes Led to Explosion of Patient-Messaging Claims

READ MORE
businessman-viewing-news-update-journalism-headline-on-a-laptop
March 22

News Briefs: ACA Plan Signups Totaled 21M During 2024 Open Enrollment

READ MORE
magnifying-glass
March 22

GAO Urges CMS to Collect Better Data on Appeals, Grievances in Managed Medicaid

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today