Oscar Health said it narrowed its “statutory net loss to $57 million in 2018 from $131 million in 2017” after growing Obamacare enrollment to 240,000.
Category: NYSE:AET
Urgent Care Centers Eclipse 8,700 As Walgreens, CVS Emerge
The number of U.S. urgent care centers rose 8% to 8,774 last year from 8,125 in 2017, a new report from the Urgent Care Association shows.
Rite Aid’s PBM Has New CEO Amid Speculation About Its Future
Rite Aid hired a new CEO for its pharmacy benefit manager EnvisionRxOptions amid speculation about the PBM’s future.
Baby Boomers To Push U.S. Health Spending To $6 Trillion By 2027
U.S. health spending is projected to grow 5.5% a year from 2018 to 2027, reaching nearly $6 trillion, the Centers for Medicare and Medicaid Services Office of the Actuary said.
CVS: 2019 To Be Year Of Transition Amid Drug Pricing Pressures
CVS Health chief executive Larry Merlo said the company expects some “headwinds” as the drugstore chain integrates Aetna into the business amid drug pricing pressures and an underperforming Omnicare long-term care business.
Humana-Walgreens Clinic Venture Boosts Medicare Enrollment
Humana’s joint venture with Walgreens is helping boost the health insurer’s enrollment in Medicare Advantage, the fast-growing coverage for U.S. seniors.
Cigna Eclipses 50% In Value-Based Care Pay To Providers
Cigna says it’s paying more than half of its commercial and Medicare reimbursements to medical care providers in its top 40 markets via value-based models.
Humana To Add Nearly 400K Seniors To Medicare Advantage Plans
Humana expects 2019 individual Medicare Advantage membership “growth of 375,000 to 400,000 members, representing 12% to 13% growth.”
In Loss For Oscar, Judge Says Florida Blue Cross Can Use Its Brokers
A federal judge has ruled health insurer Florida Blue can use brokers to sell its plans while a lawsuit filed by rival Oscar wends its way through the court system.
Centene’s Obamacare Marketshare Hits 20% After Expansion
Centene has nearly 2 million Obamacare customers after expanding into four new states for 2019 and expanding in six existing markets.
