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Cigna Expects Headwinds As Coronavirus Hits Employer Health Benefits
Cigna is expecting “headwinds” in its commercial health insurance business as employer clients struggle to maintain medical benefits in a U.S. economy hit hard by the coronavirus strain COVID-19.
In Mental Health Play, UnitedHealth’s Optum May Buy Virtual Provider AbleTo
UnitedHealth Group’s Optum medical provider unit may increase its investment in AbleTo, a provider of virtual behavioral healthcare services.
Humana Medicare Plans Grow As Coronavirus Tests Social Determinants Network
Humana’s Medicare Advantage enrollment continues to grow as the coronavirus strain COVID-19 tests the health insurer’s effort to address social determinants of health for its elderly membership.
Anthem’s PBM And Medicare Advantage Drive Growth Ahead Of Coronavirus Impact
Anthem Blue Cross is increasing membership thanks to seniors signing up to Medicare Advantage and benefitting financially from the launch of its own pharmacy benefit management company, IngenioRx.
Obamacare Insurer Centene Expects $4B Pandemic Boost In Revenue
Health insurer Centene expects the rise in unemployment amid the spread of the coronavirus strain COVID-19 to boost Medicaid and Obamacare enrollment in the coming months and increase revenue by $4 billion.
CVS, Walgreens, Walmart Ramping Up Hundreds Of New Coronavirus Test Sites
CVS Health, Walgreens and Walmart are prepping hundreds of parking lots and store drive-thru windows in a much-anticipated effort to test Americans for the Coronavirus strain COVID-19.
Abbott Labs Has Shipped One Million Rapid Coronavirus Tests To All 50 U.S. States
In less than a month, Abbott Laboratories has shipped more than one million of its highly touted “rapid” molecular tests for the Coronavirus strain COVID-19 to all 50 U.S. states.
Hundreds Of U.S. Hospitals Join Convalescent Plasma Study To Treat Coronavirus
Hundreds of U. S. hospitals are collecting plasma from their patients who have recovered from the coronavirus strain COVID-19 as researchers search for a treatment for the deadly virus.
Insurers To Sell More Obamacare As Coronavirus Hits Employer Coverage
Health insurers are looking at growing their individual business known as Obamacare as employers drop small group coverage amid the ailing U.S. economy.
Medical Device Makers: 25 Million Diagnostic Tests For Coronavirus Will Be Made By April’s End
The medical device industry projects there will be 25 million diagnostic tests in the U.S. for the coronavirus strain COVID-19 by the end of April.
