- Cigna changing plans amid HIV drug complaint
The Health insurance company Cigna agreed to alter its prescription drug policy and ensure Floridians with HIV and AIDS have access to their medications. The insurer is also capping customers’ costs on the drugs Atripla, Complera, Stribild, and Fuzeon to $200 per month.
http://briefly.today/cigna-changes-plan-amid-hiv-drug-complaint/
- Humana adds more members but ACA is dragging them down:
The company reported an expected 21.2% decline in net income in the third quarter, which ended Sept. 30, as investments in healthcare reform-related programs overshadowed the positive effect of additional members
- Humana’s stock down 5.8% on weak earnings:
http://tickerreport.com/banking-finance/341650/humana-stock-price-down-5-8-following-weak-earnings-hum/ - Aetna is launching a captive insurance company in CT:
Captive insurers assume the risks of a parent company and its related companies and serve as an alternative form of risk mitigation to outside insurance firms.
http://westfaironline.com/67103/aetna-to-launch-captive-insurance-company-in-connecticut/
- Cigna gained business in St. Louis via educational institutions:
Cigna announced Friday it had reached an agreement with BJC HealthCare and Washington University Physicians to include the medical providers in its network for individual health plans starting in January.
- ACQUISITION: Aetna purchases Bswift (Health Insurance Exchange developer)
Chicago-based bswift uses cloud-based technology to help employers and health-insurance exchanges streamline payroll, benefits and human resources administration. The company’s technology is intended to make shopping for insurance more personalized and specific to customers’ needs.
- Cigna CEO elected to General Mills board:
http://www.bizjournals.com/twincities/news/2014/11/04/cigna-ceo-david-cordoni-general-mills-board.html - Cigna says sales will double as fee-for-service medicine goes away:
Increasingly, health insurers and employers who pick up the tab for health care are moving from a world of fee-for-service medicine that pays doctors and hospitals no matter how treatments turn out to so-called value-based care that rewards providers based on patient outcomes.
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