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Cigna divests life, accident and supplemental benefits businesses in Asia

Cigna has divested its Asia-based life, accident and supplemental benefits business, selling it to Chubb in a transaction estimated at about $5.4 billion.
Cigna chairman and CEO David M. Cordani said the transaction allows the insurer to focus on growi…

Inflation, lingering effects of COVID-19 will impact 2023 premiums

Several factors are expected to impact premiums in 2023, including global inflation, the lingering effects of COVID-19 and the end of enhanced subsidies for plans on the exchange, according to a new report from the American Academy of Actuaries.

Children’s uninsured rate fell during COVID-19

The annual rate of uninsured children fell from 5.1% in 2019 to 4.1% in 2021, representing about 700,000 fewer uninsured children during the COVID-19 pandemic, according to new data released by the Urban Institute.

HHS awards more than $155 million to expand training for primary care residents

The federal government is making a push to expand residency programs, with the Department of Health and Human Services announcing more than $155 million in awards for 72 teaching health centers that operate primary care medical and dental residency pro…

House members urge CMS to expand Medicare dental coverage

Lawmakers from the U.S. House of Representatives are asking the Centers for Medicare and Medicaid Services to expand the definition of medically necessary dental coverage for Medicare beneficiaries, saying the agency currently has the regulatory author…

Supreme Court declines to hear UnitedHealthcare appeal of Medicare overpayment rule

The U.S. Supreme Court has declined to hear UnitedHealthcare’s challenge to a federal rule stipulating insurers offering Medicare Advantage plans refund payments based on unsupported diagnoses in patients’ medical records.

Optum launches laboratory benefit management solution to reduce unnecessary testing

Optum announced it’s launching a laboratory benefit management solution designed to help health plans reduce unnecessary lab testing and ensure their members receive appropriate, high-quality tests.
The potential savings for health plans range from $12…

Matt Nyquist tapped as chief population health officer for Lifespark

Former Optum executive Matt Nyquist has joined Lifespark as its chief population health officer and will lead the design, development and management of the company’s global risk products and market expansion. In an announcement, Lifespark framed the mo…

CMS: More than 250,000 have gained access to postpartum coverage through Medicaid extensions

About 253,000 parents have gained access to 12 months of postpartum coverage through Medicaid and Children’s Health Insurance Program extensions, according to data from the Department of Health and Human Services. It’s part of the current administratio…

CVS further expands free health screening program

CVS Health will be expanding its Project Health program, which provides free, community-based health screenings, by moving into two new geographic regions – Las Vegas, Nevada and Richmond, Virginia.