News Briefs

News Briefs

✦ UnitedHealthcare will expand its presence on the Affordable Care Act exchanges by offering plans in at least one additional state in 2021. Maryland Gov. Larry Hogan (R) said on May 12 that the insurer will join ...
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News Briefs

✦ In its final Notice of Benefit and Payment Parameters for the 2021 benefit year, CMS crystallized a controversial policy of allowing commercial health insurers to prevent drug manufacturer coupons from counting ...

News Briefs

✦ Health Care Service Corp. (HCSC) on May 5 named Maurice Smith its new president and CEO, effective June 1. Smith, HCSC’s current president, will replace David Lesar, who has served as interim CEO since Paula S...
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News Briefs

✦ Molina Healthcare, Inc. on April 30 said it entered into a definitive agreement to purchase Magellan Complete Care (MCC) for approximately $820 million, net of certain tax benefits. MCC is the managed care arm...

News Briefs

✦ Molina Healthcare, Inc. said on April 30 that it plans to buy Magellan Health, Inc.’s managed care organization, Magellan Complete Care (MCC), for about $820 million. MCC served approximately 155,000 members a...
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News Briefs

✦ Ontruzant (trastuzumab-dttb) launched on April 15. Merck & Co., Inc. will commercialize the Herceptin (trastuzumab) biosimilar in the U.S. per a deal with Samsung Bioepis Co., Ltd. Ontruzant is available in ...

News Briefs

✦ Citing the COVID-19 crisis, the Trump administration will apply a “policy of enforcement discretion to allow compliance flexibilities” regarding the interoperability rules it finalized March 9. “Now more t...
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News Briefs

✦ Recent developments related to Gilead Sciences Inc.’s antiviral drug remdesivir indicate that it could be a promising treatment for COVID-19. In a New England Journal of Medicine paper published on April 10, r...

News Briefs

✦ Covered California, the state’s individual insurance exchange, said 58,400 people had enrolled in plans during its COVID-19-related special enrollment window in the three weeks following March 20. Covered Cali...
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News Briefs

✦ UnitedHealth Group on April 15 reported first-quarter 2020 adjusted earnings per share of $3.72, in line with the same period last year, and maintained its full year EPS outlook in the range of $16.25 to $16.55...