Cigna Plans To Exit Obamacare In 2027 Affecting 369,000 With Coverage

Cigna will exit the individual health insurance business also known as Obamacare, leaving about 369,00 health plan members in 11 states looking for new coverage in 2027.

Humana Profits Eclipse $1 Billion As Medicare Costs Ease Slightly

Humana reported first quarter net income of nearly $1.2 billion as costs of care for older adults in its Medicare Advantage plans eased a bit but remained high.

Centene’s Obamacare Enrollment Drops By 2 Million After Congress Strips Subsidies

Health insurer Centene reported first quarter net income of $1.5 billion despite a 2 million enrollee drop in Obamacare enrollment.

Mark Cuban’s Cost Plus Drugs, Humana In Deal To Take On Employer Drug Costs

Mark Cuban’s Cost Plus Drug Company and Humana’s CenterWell Pharmacy confirmed they have formed a partnership “to develop new end-to-end employer prescription solutions.”

Cell, Gene And Specialty Drug Costs Intensify For Health Plans

Specialty drugs are an increasing worry for health plans and employers as new and innovative therapies enter the U.S. market and patients flock to them.

Elevance Health Profits Eclipse $1.7 Billion Despite Elevated Costs

Elevance Health reported $1.7 billion in first quarter net income as cost issues continued to drag on earnings of the nation’s second-largest health insurer.

UnitedHealth Group Profits Eclipse $6 Billion As Medical Costs Ease

UnitedHealth Group reported first quarter net income of $6.3 billion as medical costs fell, triggering an improved outlook for the rest of the year.

UnitedHealthcare Reduces Need For Prior Approvals For Patients In Rural America

UnitedHealthcare, the nation’s largest health insurer, will exempt rural physicians and hospitals from “prior authorization requirements across all lines of business.”

Oscar Health Launches Consumer Marketplace For Insurance Beyond Its Own

Oscar Health launched a new health marketplace to connect consumers to major individual health insurance plans as well as supplemental coverage beyond what it sells.

Attention Turns To UnitedHealth Earnings For Signs Of Insurer Rebound

UnitedHealth Group earnings next week may signal whether health insurance companies are getting a handle on rising costs dragging down the industry.