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health insurer

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Latest Headlines

Aetna buys Medicare supplement unit to attract seniors

Sensing opportunity with aging Baby Boomers, Aetna ( NYSE: AET ) purchased a Medicare supplement business from Genworth Financial for $290 million, the the health insurance giant recently announced.

Insurer pressures providers to drop fee-for-service model

The CEO of Massachusetts' largest health insurer is pressuring hospitals and doctors to shrink healthcare costs. Andrew Dreyfus, CEO of Blue Cross Blue Shield of Massachusetts, has said that

HealthMarkets sued for deceptive marketing

A lawsuit filed last week by the Los Angeles city attorney's office accuses HealthMarkets Inc., a national health insurer, and its majority owners, Goldman Sachs Group Inc. and Blackstone Group, with

Harvard Pilgrim drops its Medicare Advantage plan

Harvard Pilgrim Health Care, Massachusetts' second largest health insurer, is dropping its Medicare Advantage health insurance program at the end of the year. The decision affects 22,000 senior

Blue Cross forced to refund $156M in reserves

Blue Cross and Blue Shield of North Carolina, the state's larges health insurer, has agreed to refund $156 million to 215,000 individual policyholders, in response to changes due to the new health

Compensation at health plans will rise slightly in 2011

Health insurer employees will see compensation rise a bit in 2011 with median salary budget increases expected to reach 2.9 percent for executives and 3 percent for all other employees, according to

Vermont Blue Cross to re-pay $3 million of former CEO's salary to customers

Blue Cross and Blue Shield of Vermont (BCBSVT) has agreed to reduce customer premiums by $3 million over 2011 and 2012 after the state Banking, Insurance, Securities and Health Care Administration

Health plans: They had it good and didn't know it

You know, just about everyone in the U.S. has an oar in the water when it comes to health reform. If you're not an employer or a provider, you're a consumer or a health insurer. But while the

MGMA plans 50-state payer rating survey

The Medical Group Management Association has set plans to conduct a 50-state survey of health professionals asking them to rate various aspects of their relationship with payers. The survey, which

GA Blue plan sends benefit letters to wrong addresses

It all goes to show you that even without electronic medical records in place, computers can screw things up. This week, Georgia's largest health insurer has concluded that it sent about 202,000