Health insurer Aetna has agreed to pay $17 million to settle claims that it breached the privacy of thousands of customers who take HIV medications.
UnitedHealth Group's 2017 revenue surpassed $200 billion, while its profit more than doubled. On top of that, the No. 1 insurer will reap an extra $1.7 billion in 2018 earnings thanks to the Trump administration's tax overhaul.
As Congress barrels toward Friday's budget deadline, GOP leaders offer ACA tax delays but punt Medicare extenders and DSH cut delays.
Healthcare companies last week were buzzing about the savings they expect to reap from the Trump administration's sweeping tax overhaul, which reduced the corporate tax rate to 21% from 35%.
Short-term health plans could saddle ACA plans with a sicker group of customers and drive up costs.
In a shift from earlier talks, the GOP-led House is seriously considering funding CSRs and reinsurance in the February spending bill.
The inability to make a profit and continued uncertainty over the future of the ACA may be the reason that the CMS is now estimating that there are only 700 issuers in the individual and small-group marketplaces, down from 2,400 in an earlier estimate from the agency.
The potential growth of short-term health plans worries health policy analysts, state regulators and major insurance trade groups, who predict such plans will saddle Obamacare plans with a sicker group of customers.
The loss of the contract is a blow to the company, which is in the midst of an overhaul after ousting CEO Dr. Mario Molina and his brother, who was CFO, last May.
The Federal Circuit's ultimate decision on whether the federal government must fulfill risk-corridor payments could affect billions of dollars in unpaid claims. Insurers claim the government legally can't default on its obligation to make the payments when Congress takes away the money stream.
The de Blasio administration has canceled the $9.6 million incentive package Aetna was offered to move its headquarters from Connecticut to the Meatpacking District, according to Crain's New York Business.
Mission and margin can coexist, says Joseph Zubretsky, the new CEO at Molina Healthcare. Zubretsky discussed his goals for the company with Modern Healthcare during the J.P. Morgan Healthcare Conference.