Health Care Service to buy Cigna Medicare business in $3.7 billion sale – USA TODAY
Healthcare Service Co., Ltd. announced It announced on Wednesday that it would acquire Cigna’s Medicare business. The $3.7 billion sale will give Healthcare Services, the nation’s largest customer-owned health insurance company, control of Cigna’s Medicare Advantage, Supplemental Benefits and Part D customers. Care Allies business We work with health care providers. Cigna’s Medicare plans cover […]
Humana's Dire Forecast Shows Private Medicare Boom Is Ending – Yahoo Finance
(Bloomberg) – Private Medicare plans, which have driven growth for U.S. health insurers for years, may become less profitable and burden older people, Humana Inc.’s results show, leading to an industry-wide decline in profitability. Stock prices fell. Most Read Articles on Bloomberg Humana, the No. 2 Medicare Advantage company, struck a pessimistic tone after it […]
Clarence Center man allegedly defrauded Medicare of millions, now faces 7.5 years in prison – Buffalo News
A Clarence Center man is facing prison time for his alleged role in an elaborate, multi-layered scheme that the U.S. Department of Justice said resulted in $29 million in false and fraudulent claims to Medicare. Jeffrey Brooks, 40, was sentenced Wednesday to 7 1/2 years in federal prison, followed by three years of court-ordered supervised […]
Asante pays $430,000 to settle Medicare fraud allegations | Asante Investigation | kdrv.com – KDRV
Doctors at the medical center were accused of performing unnecessary procedures to increase Medicare and Medicaid bills. Updated January 16th at 10:20am: Asante Health System and Dr. Charles Carmesi paid $430,000 to settle Medicare fraud allegations. According to a news release from the U.S. Attorney's Office, District of Oregon, the charges allege […]