A Year After Negotiations Fell Through, Providence Oregon Reaches Agreement With Major Insurer
Tens of thousands of Aetna members in Oregon will soon have improved access to hospitals and clinics within Providence, Oregon, following a new agreement between a major insurance provider and health system. This multi-year deal means that, starting December 1, Providence Health & Services will reintegrate its facilities in Portland and across the state into […]
Insurer requests investigation into hospital billing practices by Idaho Department of Insurance
Insurance Company Requests Investigation into Hospital Billing Practices In Post Falls, Idaho, a significant health insurance provider has reached out to the Idaho Department of Insurance this week, urging an investigation into the billing practices of a newly established hospital. Blue Cross of Idaho claims that Post Falls ER & Hospital has turned down their […]
Leading CT insurer raises claims against health system during contract discussions. UConn strongly responds.
Aetna and UConn Health Negotiations Ongoing Aetna, the health insurance giant under CVS Health Corp. based in Hartford, is currently in negotiations with UConn Health. Aetna expressed concerns, highlighting that UConn Health’s actions seem to focus primarily on increasing payment for their services. Aetna’s statement described UConn’s aspirations as, perhaps, striving to be one of […]
CT healthcare system and major insurer disagree on new contract and its implications for patients.
UConn Health and Aetna Negotiation Stalemate Could Affect Thousands At a Farmington location, negotiations are ongoing between UConn Health, which oversees John Dempsey Hospital, a chain of clinics, and more than 700 healthcare providers, and the Hartford-based insurance company, Aetna. The two parties are, I think, having difficulty agreeing on reimbursement rates, which could lead […]
Oregon Insurer PacificSource Presses On with Job Cuts
PacificSource’s Withdrawal from Oregon Medicaid System PacificSource is pulling back in a noticeable way. This is evident through the layoffs, including a significant recent round, and the company’s partial exit from Oregon’s Medicaid system, particularly affecting the Portland area. Majority owned by Legacy Health, PacificSource revealed that it would cease servicing the Oregon Health Plan […]
Massachusetts’ second biggest health insurer cuts over 250 jobs in a new round of layoffs
Point32 Health Cuts Jobs Amid Financial Strain The second largest health insurer in Massachusetts, Point32 Health, announced a new round of layoffs, which saw an additional 254 employees let go this week. This decision comes as the company grapples with rising expenses related to medical and drug costs. This latest wave of layoffs represents about […]
Top Health Insurer Faces Legal Setback Regarding Medicare Advantage Ratings
Legal Setback for Humana in Coverage Denial Case Humana, a significant player in the health insurance industry, faced a setback on Tuesday regarding its attempt to deny coverage as mandated by the Centers for Medicare and Medicaid Services (CMS). This recent rating could cost Humana a substantial amount in federal bonus payments. With around 70 […]
Central NY’s biggest health insurer is increasing rates by 20% for those in the state’s individual marketplace.
Syracuse, NY – Excellus Blue Cross Blue Shield to Increase Premiums by 20.7% Excellus Blue Cross Blue Shield is set to raise premiums for individuals purchasing insurance through the state’s health market by a significant 20.7% next year. This marks the second-largest increase approved among insurers statewide. As Central New York’s largest private insurer, Excellus’s […]
Northern Light Health strikes agreement with Maine insurer to reduce expenses
Northern Light Health Signs New Agreement with Maine Insurer Northern Light Health has finalized an agreement with a Maine-based insurance provider, resulting in lower expenses for policyholders. Community Health Options, a nonprofit insurance organization led by its members, announced on Wednesday that the deal will enhance access to care for nine Northern Light hospitals and […]
Bert Nash ends agreement with insurer Cigna; 121 patients may be impacted
Bert Nash Community Mental Health Center Faces Financial Challenges With a projected multi-million dollar deficit looming for 2025, the Bert Nash Community Mental Health Center has decided to cancel its contract with an insurance provider that could affect services for over 100 centers. This information was revealed in a statement from the nonprofit, where interim […]