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STAT+: Behind CVS CEO’s ouster, a question: Do a pharmacy and a health insurer make sense together?

STAT

Does it make sense for a chain of drug stores to own a major health insurance company? That has been the existential question for CVS Health for six years, since its $70 billion acquisition of the massive insurer Aetna. The biggest pharmacy chain in the U.S.   Continue to STAT+ to read the full story…

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STAT+: Medicare Advantage market expected to grow in 2025, despite big changes from insurers

STAT

Health insurance companies will still offer older adults a lot of plan choices with low, or completely free, premiums. Next year’s Medicare Advantage market will be two things at once: remarkably stable broadly, but rife with changes under the surface.

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STAT+: Elevance buys IU Health’s insurance company

STAT

Elevance Health, the parent of more than a dozen state Blue Cross Blue Shield plans, is purchasing Indiana University Health’s insurance business in a deal that would increase its dominance in several key cities in the state. ProMedica in Ohio sold its health plan to Medical Mutual.

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STAT+: New Medicare Advantage star ratings give extra bonuses to multiple insurers

STAT

More than two dozen Medicare Advantage insurers received higher quality marks for 2024, based on a STAT review of new data released July 2 by the federal government. Federal courts required the Centers for Medicare and Medicaid Services to make changes after ruling the agency made mistakes with its own methodology.

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STAT+: The Covid-19 test maker that pivoted to being a health insurance company

STAT

But that business is now firmly in the past, and the company has switched to an even more regulated industry: health insurance. Curative rose to prominence during the throes of the pandemic, as people and governments across the country used its Covid-19 tests. Last year, Curative had a cloud hanging over its head.

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UnitedHealth beats the Street with $6B in Q3 profit

Fierce Healthcare

UnitedHealth Group kicked off another round of earnings calls for major health insurance companies Tuesday morning, when it

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STAT+: Oscar Health’s CEO on post-hype health insurance and finally turning a profit

STAT

Oscar Health has excelled at one thing in particular since its inception a decade ago: burning cash. The health insurance company did not plan to be profitable immediately. It was staking its future on the new Affordable Care Act marketplaces and had to grow quickly to compete with larger insurance carriers.

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