by Jason Yoo | Jan 22, 2021 | Insurance Industry, Market Potential Alert, news
The final Federal Health Insurance Exchange 2021 Open Enrollment period, 8,251,703 people selected plans using the HealthCare.gov platform. Read the full article here These enrollment numbers refer to the 36 states that use the HealthCare.gov platform for the 2021... read more
by Jason Yoo | Jan 21, 2021 | Medicare, Medicare Advantage, Medicare Supplement, news
Year ended December 31, 2020 Highlights: Full Year Revenues of $257.1 Billion, 6% Growth over the prior full year Earnings from operations of $22.4 Billion compared to $19.7 Billion last year. Full Year Medical care ratio of 79.1% compared to 82.5% the prior year... read more
by Jason Yoo | Jan 21, 2021 | Medicare, Medicare Advantage, news
The 39th Annual J.P. Morgan Health Care Conference was held virtually on January 11-14, 2021. CSG Actuarial has summarized a number of highlights from key presentations and sessions. Humana CEO is confident Medicare Advantage program enjoys broad, bipartisan support.... read more
by Jason Yoo | Jan 15, 2021 | Medicare, Medicare Advantage, news
Bright Health Inc. signed an agreement to acquire True Health New Mexico. True Health New Mexico is physician-led health plan and a wholly-owned subsidiary of Evolent Health Inc. Evolent is a health care company that delivers clinical and administrative solutions... read more
by Jason Yoo | Jan 15, 2021 | Medicare, Medicare Advantage, news
Integrity Marketing Group, LLC (“Integrity”), announced it has acquired Connexion Point, one of the largest contact centers in the country. With a focus on the senior market, Connexion Point weaves advanced data, analytics and dynamic technology into comprehensive and... read more
by Jason Yoo | Jan 13, 2021 | Medicare, Medicare Advantage, news
Harvard Pilgrim Health Care and Tufts Health Plan announced their organizations have formally combined, effective January 1, 2021, having received all regulatory approvals. The combined nonprofit health plan will serve 2.4 million members in Massachusetts, Maine,... read more
by Jason Yoo | Jan 13, 2021 | Medicare, Medicare Advantage, news
Clover Health, an innovative technology company aiming to improve health outcomes for America’s seniors and the special purpose acquisition company, Social Capital Hedosophia Holdings (“SCH”) completed their previously announced combination creating one of the fastest... read more
by Jason Yoo | Jan 13, 2021 | Medicare, Medicare Advantage, news
The Allstate Corporation closed its $4 billion acquisition of National General Holdings Corp. “The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share. Independent agents... read more
by Jason Yoo | Jan 12, 2021 | Medicare, Medicare Advantage, news
Bright Health Inc. signed an agreement to acquire Central Health Plan of California, Inc., further expanding its presence in California and adding to its high-growth Medicare Advantage business. Upon closing, Bright Health will serve approximately 110,000 individuals... read more
by Jason Yoo | Jan 11, 2021 | Medicare, Medicare Advantage, news
Cigna Corporation, a global health service company, has added Iora Health, an innovative primary care provider group, to its rapidly expanding Medicare Advantage (MA) network. Cigna Medicare Advantage customers will have access to Iora’s primary care practices... read more
by Jason Yoo | Jan 8, 2021 | CSG Actuarial News, Medicare, news
Optum, a diversified health services company and part of UnitedHealth Group, and Change Healthcare, a health care technology leader, have agreed to combine. Change Healthcare will join with OptumInsight to provide software and data analytics, technology-enabled... read more
by Jason Yoo | Jan 8, 2021 | CSG Actuarial News, Medicare, news
Integrity Marketing Group (“Integrity”) announced it has acquired Best Value Insurance Services, Inc, a health insurance brokerage based in Ferndale, WA. Best Value Insurance works with hundreds of independent agents who service more than 15,000 Americans annually. In... read more
