The bill, part of a more than $300 billion package, extends enhanced ACA premiums and allows Medicare to negotiate select prescription drug prices starting in 2026.
Taft Parsons, who previously worked for Molina Healthcare and Henry Ford Health System, will be tasked with focusing on mental well-being for patients and leading the Aetna Medical Affairs Behavioral Health organization.
The insurer’s premium revenue increased 18% in the second quarter compared with the prior-year period as the payer saw membership increase 9%.
CVS said in a statement that the “allegations are without merit and we will defend ourselves vigorously.”
States have a wide variety of opinions on how difficult the looming process of resuming annual eligibility reviews after the COVID-19 public health emergency ends might be, according to MACPAC.
The cost of the average breach for healthcare increased by $1 million to $10.1 million. That’s up more than 40% since the 2020 report by Ponemon and IBM Security.
The for-profit hospital operator missed Wall Street expectations on revenue and saw admissions decline 3.4% year over year.
Teladoc recorded another major net loss in the second quarter, driven in part by the Livongo acquisition’s goodwill impairment charge.
The payer maintains its headquarters in Long Beach, California, along with offices in New York City and assorted properties in other states. It employs 14,000 people.
The issues stem from Centene’s WellCare acquisition and plans are already underway to turn the star ratings around, CEO Sarah London said.