by Geralyn Isler | February 24, 2023 | Business Benefit News, Employee Benefits, Employer Guidance, Insurance Company News, Recommended Articles
On February 23, 2023, Humana announced that they will be exiting the Employer Group Medical business, which includes all fully insured and self-funded group plans including Go365. To read their full announcement go full announcement and FAQ. They have communicated... by Geralyn Isler | February 3, 2023 | Employee Benefits, Employer Guidance, Insurance Company News, Recommended Articles
The Christ Hospital Health Network (TCH) and Anthem Blue Cross and Blue Shield have reached an agreement on a new contract starting April 1, 2023. Their plan’s benefits will continue to cover care at all Christ Hospital Network locations with Christ Hospital Network... by Geralyn Isler | April 20, 2021 | Insurance Company News
This settlement is a result of a class action lawsuit that alleges Blue Cross Blue Shield companies and affiliate companies (i.e. Anthem Blue Cross Blue Shield is an affiliate company) violated antitrust laws by entering into an agreement not to compete with each other and to limit competition among themselves in selling health insurance and administrative services for health insurance. Blue Cross companies and affiliates deny all allegations of wrongdoing and assert that their conduct results in lower healthcare costs and greater access to care for their customers. The Court has not decided who is right or wrong. Instead, Plaintiffs and Settling Defendants have agreed to a Settlement to avoid the risk and cost of further litigation.
by Geralyn Isler | August 10, 2020 | Employee Benefits, Employer Guidance, Insurance Company News, Recommended Articles
As we approach cold and flu season, the nation and the economy are still combating the affects of the COVID-19 pandemic. As with any public health issue, the insurance carriers work with and follow the guidance and protocols issued by the Centers for Disease Control... by Jimmy Beatrice | July 29, 2015 | Employee Benefits, Insurance Company News
Another rumored major health carrier agreement has unfolded just following the recent buy-out agreement of Aetna for Humana. After several long weeks of deal making, Anthem finally agreed to pay 54.2 billion dollars for Cigna Corporation on July 24th, becoming... by Jim Beatrice | July 3, 2015 | Employee Benefits, Insurance Company News, Medicare & Individual, Recommended Articles
Of the recent rumored major health carrier acquisitions, the first official agreement was announced today, July 3, 2015. Aetna and Humana agreed to a $37 billion deal. See official announcement here. The approval and acquisition process is expected...
