Cigna is the latest health insurer to report a big boost in second-quarter profits as its health plan members postpone treatment during the spread of the Coronavirus strain Covid-19.
Humana said it is investing $100 million in the in-home primary care company, Heal, to bring in-person physician house calls to seniors in its Medicare Advantage plans.
Health insurer Centene is seeing a boost in Medicaid enrollment as unemployment rises amid the spread of the coronavirus strain COVID-19 though Americans are signing up to such coverage at a slower pace than the company originally thought.
The large hospital operator HCA Healthcare reported improving profits thanks in large part to government stimulus income from the Coronavirus Aid, Relief, and Economic Security Act known as CARES.
Health insurers are beginning to strategize on how to deal with healthcare proposals pushed by Democrats and a future Joe Biden White House from a public option to “Medicare at 60” and expanded Medicaid benefits under an expanded Affordable Care Act.
UnitedHealth Group profits doubled to more than $6 billion in the second quarter as elective procedures the large health insurer pays for were postponed or delayed amid the spread of the Coronavirus strain Covid-19.
Universal nationwide use of face masks could bring the spread of the Coronavirus “to its knees” within four to six weeks, the head of the U.S. Centers for Disease Control and Prevention said Tuesday.