Insurance Company News

Articles related to the Insurance Companies, aka Carriers.

As we approach cold and flu season, the nation and the economy are still combating the affects of the COVID-19 pandemic.  As with any public health issue, the insurance carriers work with and follow the guidance and protocols issued by the Centers for Disease Control and Prevention (CDC) as well as state and local public health departments in supporting the needs of members.   What to do if you have symptoms? The CDC and health care providers ask th... Read more
Another rumored major health carrier agreement has unfolded just following the recent buy-out agreement of Aetna for Humana. After several long weeks of deal making, Anthem finally agreed to pay 54.2 billion dollars for Cigna Corporation on July 24th, becoming the nation’s largest insurer. Read more
Of the recent rumored major health carrier acquisitions, the first official agreement was announced today, July 3, 2015.  Aetna and Humana agreed to a $37 billion deal.  See official announcement here.  The approval and acquisition process is expected to take at least 12 months.  The combined companies would result in Aetna having the largest membership in Medicare Advantage plans.  Here is the article from the Wall Street Journal.  Toge... Read more
UnitedHealth expects to close a deal by fourth quarter worth $12.8 billion.  Catamaran is currently the fourth largest pharmacy benefits manager in the U.S.  After the deal UHC expects to fill more than a billion prescriptions, but still be ranked third after Express Scripts and CVS. Read more... Read more
To our valued clients;  Recently Anthem was a victim of an external cyber attack which allowed the attackers access to protected information of many current and past Anthem members. The information exposed includes name, address, member ID's, social security numbers and employment information. Anthem is now offering identity repair assistance and credit monitoring services to current and  former (dating back to 2004) members. Th... Read more
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