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News
Universal Health Services cuts 2026 forecast on Medicaid reimbursement uncertainty
3+ hour, 51+ min ago (230+ words) July 27 (Reuters) – Hospital operator Universal Health Services lowered its full-year profit forecast on Monday, citing changes in reimbursements related to certain Medicaid supplemental payment programs, sending its shares down nearly 8% in extended trading. Medicaid supplemental payment programs provide hospitals with…...
Cigna says AI tools to save customers $200 million in medical expenses over three years
4+ day, 14+ hour ago (263+ words) NEW YORK, July 23 (Reuters) – Health insurer Cigna said on Thursday that the artificial intelligence tools it is employing to identify patients with chronic or complex conditions will save customers $200 million in medical costs over the next three years. Bryan Holgerson,…...
Clover Health says employee accounts accessed in cyber incident
1+ week, 3+ day ago (210+ words) July 17 (Reuters) – Clover Health Investments said in a regulatory filing on Friday that it detected unusual login activity on some of its information systems on July 4 and later found a hacker had gained access to three employee accounts through social…...
Simpler prior authorizations, digital tools boost trust in insurers, Aetna president says
1+ week, 5+ day ago (286+ words) NEW YORK, July 15 (Reuters) – Less burdensome prior authorization procedures in which clinicians must have procedures and medicines preapproved by health plans and digital solutions for managing care have boosted trust in insurers, Aetna President Steve Nelson said on Wednesday. Overall…...
CVS settles with FTC, agrees to count TrumpRx drug purchases towards insurance
1+ week, 6+ day ago (313+ words) By Amina Niasse and Jody Godoy NEW YORK, July 14 (Reuters) – CVS Health’s Caremark has finalized a settlement with the U.S. Federal Trade Commission in which it agreed to curb use of after-market discounts known as rebates and count consumers…...
US health watchdog expects $5.56 billion in recoveries and savings
2+ week, 21+ hour ago (563+ words) WASHINGTON, July 13 (Reuters) – The federal watchdog for the U.S. health department generated $5.56 billion in expected recoveries and projected savings over six months and barred 1,212 individuals and companies from federal programs, it said on Monday, even as its overall enforcement activity…...
Obamacare insurers ask for second-highest premiums increase in nearly a decade
2+ week, 5+ day ago (344+ words) NEW YORK, July 8 (Reuters) – Companies offering Obamacare health insurance plans next year are requesting payment rates representing a 14% median increase to premiums over 2026 rates, according to data from health policy research group KFF. The proposed rate for 2027 represents the second-highest…...
Humana divests minority stake in hospice provider Gentiva
1+ mon, 2+ week ago (174+ words) June 10 (Reuters) – Humana said on Wednesday it has agreed to sell all or substantially all of its minority stake in Gentiva, a provider of hospice and palliative care services, in a deal valuing the stake at about $900 million. • The stake…...
Exclusive-Cigna drops coverage of GLP-1 obesity drugs for its own employees
1+ mon, 3+ week ago (404+ words) NEW YORK, June 2 (Reuters) – Health insurer Cigna will stop covering GLP-1 weight-loss drugs including Novo Nordisk’s Wegovy and Eli Lilly’s Zepbound in its employee health plan effective July 1, according to materials viewed by Reuters on Tuesday. Details of the change…...
US agency announces interim guidance on Medicaid work requirements
1+ mon, 3+ week ago (424+ words) NEW YORK, June 1 (Reuters) – The U.S. agency that runs the Medicare and Medicaid programs on Monday announced interim guidance on how states should implement new work requirements for Americans enrolled in Medicaid health plans. The rule announced last year as…...