Category Archive: Stephen Hemsley

UnitedHealth to compete in just three ACA exchanges in 2017

UnitedHealthcare, in an effort to cut its losses in the individual market, will only compete in three states’ Affordable Care Act marketplaces in 2017: New York, Nevada and Virginia, according to the Minneapolis Star Tribune.

 

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Health insurance CEO pay tops out at $17.3M in 2015

Last year was a pivotal one for the country’s five largest health insurers, as months of negotiation culminated in the Aetna-Humana and Anthem-Cigna mega-mergers. It also was a good year to be an executive at the “big five” payers, as total compensation rose for 4 out of 5 CEOs.

 

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UnitedHealth to exit Georgia, Arkansas health insurance exchanges

In the wake of its declining profits in the individual market, UnitedHealth now says it will pull out of the Affordable Care Act exchanges in two states, Bloomberg reports.

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Report blames poor oversight for New York CO-OP’s demise

Of the 23 consumer operated and oriented plans launched under the Affordable Care Act, 12 will officially be closed Jan. 1. A new report examines the collapse of the largest CO-OP, blaming a breakdown in state oversight of the health insuranc…

Top health insurance CEO pay exceeds $10 million in 2014

The CEOs of the Big Five for-profit health insurance companies all took home at least $10 million in 2014, according to each insurers’ annual filings with the Securities and Exchange Commission.

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Aetna, UnitedHealth, WellPoint earnings: Business is growing

Things are good for the top three health insurers right now, at least financially speaking. Aetna, UnitedHealth and WellPoint all released third quarter reports that surpassed expectations and provided more evidence that the Affordable Care Act is gene…

UnitedHealth Group’s Stephen Hemsley: Telemedicine innovation begins with fundamentals

Consumers will be the most important factor in how the healthcare industry evolves and how organizations use health information technology, UnitedHealth Group President and CEO Stephen Hemsley said Monday at the American Telemedicine Association’s annual meeting in Baltimore.

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UnitedHealth adds 10M members as revenue, profits climb

Boosted by almost 10 million new members, UnitedHealth’s revenue and profits rose during the second quarter.

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Some big insurers take ‘wait-and-see’ approach to exchanges

Industry analysts received their biggest clue as to whether big insurers would jump headfirst into online marketplaces thanks to several states that have released the names of the insurers that will submit plans to sell on their health insurance exchan…

UnitedHealth considers cutting Medicare Advantage benefits in 2014

Although the U.S. Department of Health & Human Services issued a 3 percent increase in Medicare Advantage payment rates a few weeks ago, UnitedHealth is reassessing its outlook for the program.read more

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