Centene reported $600 million in fourth quarter profit as membership grew by more than 1 million thanks to a big increase in enrollment in its Medicaid plans.
Cigna reported $1.1 billion net income for the fourth quarter of last year aided by the company’s Evernorth health services business which manages pharmacy benefits.
A new Mercer poll shows 44% of employers “currently have a vaccine mandate in place for employees working onsite and 6% are planning to implement one, with another 9% still considering it.”
Humana said it will invest $1 billion in its Medicare Advantage business following a disclosure the health insurer would add fewer seniors to such plans than expected for 2022.
City Of Hope is looking to expand its “research, innovation and specialized cancer care” to more patients nationally now that its $390 million purchase of Cancer Treatment Centers of America acquisition has closed.
The parent of Blue Cross and Blue Shield of Florida has completed its $900 million purchase of Puerto Rico’s Triple-S Management, broadening its reach into several new markets.
Oscar Health said its 2022 enrollment will top one million members and the company will reap more than $6.1 billion in premium revenue but last year losses will exceed a half billion dollars.