Alignment Healthcare reported net income$11 million as costs of care for older adults in its Medicare Advantage plans eased amid industry struggles with medical expenses.
Cigna will exit the ACA individual health insurance business, leaving hundreds of thousands of health plan members in 11 states looking for new coverage next year.
Humana reported first quarter net income of nearly $1.2 billion as costs of care for older adults in its Medicare Advantage plans eased a bit but remained high.
Mark Cuban’s Cost Plus Drug Company and Humana’s CenterWell Pharmacy confirmed they have formed a partnership “to develop new end-to-end employer prescription solutions.”
Specialty drugs are an increasing worry for health plans and employers as new and innovative therapies enter the U.S. market and patients flock to them.
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