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Startup Clever Care raises $41 million for Medicare Advantage plan

WebA health care startup integrating Western medicine and Eastern wellness benefits in a Medicare Advantage plan raised $41 million in a funding round led by …

Actived: 3 days ago

URL: https://www.businessinsurance.com/article/20230321/STORY/912356285/Startup-Clever-Care-raises-$41-million-for-Medicare-Advantage-plan

Self-funded health care plan enrollment rises to 60%

WebThe percentage of U.S. employees enrolled in self-funded health care plans increased to 60% in 2021 from 55% in 2015, according to a study by Johns Hopkins …

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N.Y. hospital system sues AIG, Allianz for COVID-19 BI cover

WebNorthwell Health Inc., which says it is New York’s largest health care provider and private employer, filed suit against American International Group Inc. and Allianz SE …

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Oscar Health sees 49% revenue increase, 56% cut in losses

WebGoogle +. Twitter. Oscar Health, the last remaining start-up from the 24 that began selling insurance when the Affordable Care Act market opened, has seen a 49% …

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As Anthem becomes Elevance, it rolls out new names for divisions

WebHealth insurer Anthem Inc.’s rebrand to Elevance Health will include the new name of “Carelon” for its health care services and the return of “Wellpoint” for certain …

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Insurers omit coverage for new RSV vaccines, sparking out-of …

WebTwitter. Newly approved vaccines for respiratory syncytial virus (RSV) are not being covered by certain insurance plans, compelling individuals to shoulder out-of …

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Elevance Health leads $50 million investment in GoHealth

WebWeeks after laying off one-fifth of its workforce, health insurance marketplace GoHealth closed a $50 million private investment round, Modern Healthcare …

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HCSC rebrands Trustmark Health as Luminare Health

WebTwitter. Health Care Service Corp. has rebranded Trustmark Health Benefits to Luminare Health, following its acquisition in October 2022, Becker’s Payer Issues …

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OSHA cites Ohio nursing facilities over worker illnesses

WebInsurance rate increases accelerate in Q1. A Cleveland-based health care company is facing workplace safety citations following inspections of three of its Ohio …

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Bright Health Group rebrands as NeueHealth, relocates HQ

WebTwitter. Health plan startup Bright Health Group Inc. is rebranding as NeueHealth and moving its corporate headquarters from Minneapolis to Doral, Florida …

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Mental health decline poses workplace hazard: Experts

WebWorkers experiencing mental health issues may suffer from insomnia, for example, and exhaustion from sleepless nights at home could pose a workplace hazard. …

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Molina Healthcare loses key Medicaid contract in Virginia

WebMolina Healthcare Inc. is set to lose a Medicaid contract in Virginia that it has held for eight years, which could impact its growth plans, Healthcare Dive reports. The …

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BCBS companies post $7.5 billion net income in first half of 2023

WebBlue Cross & Blue Shield Association companies collectively reported $7.5 billion in net income in the first half of 2023, according to a report from Fitch Ratings Inc., …

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Connecticut announces $5 million health care subsidy for …

WebTwitter. Connecticut officials announced a one-time $5 million subsidy that will help thousands of paraeducators across the state pay health insurance bills this year …

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Lifespan may stop accepting Cigna insurance amid contract …

WebRhode Island's largest health system, Lifespan, may stop accepting Cigna Healthcare insurance if a new contract agreement is not reached by March 31, Becker’s …

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Optum acquires urgent-care company MedExpress

WebUnitedHealth will release first-quarter earnings for 2015 next Thursday. Optum represented about 37% of UnitedHealth's $130.5 billion of revenue in 2014. Bob …

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Ill. high court rules hospital employees exempt under BIPA

WebIn a victory for health care institutions, the Illinois Supreme Court on Tuesday overturned a lower state appeals court and ruled that an exclusion in the state’s …

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Highmark to challenge Independence Blue Cross in Philadelphia

Web6. Costco expands health care services with new weight-loss program. Highmark Blue Shield is expanding into the Philadelphia region in 2024, where it will …

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2023 Business Insurance Best Places to Work Business Insurance

WebAscot Group. The top insurance company in the 2023 Best Places to Work in Insurance is Ascot Group, a global specialty insurer whose U.S. operations are based in …

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OSHA slams laundry business with safety fines amid worker death

WebA New Jersey-based commercial laundry company is facing more than $305,000 in fines proposed by the Occupational Safety and Health Administration …

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