by Carrie Haubensak | Jan 6, 2022 | Competitive Intelligence, Insurance Industry, Medicare Supplement, news
CompanyEffective DateAverage IncreaseComments Accendo Insurance Company 2/1/2022 - 3/1/20226.1%0% - 9%; Varies by state and plan Aetna Health and Life Insurance Company 2/1/2022 - 3/1/20225.4%Arizona & Utah Aetna Health Insurance Company 2/1/2022 - 3/1/20225.8%0%...
by Carrie Haubensak | Jan 6, 2022 | Insurance Industry, news
Centene Corporation has completed its acquisition of Magellan Health, the insurer announced. The $2.2 billion deal closes exactly one year after its announcement on Jan. 4, 2021. The combination will create one of the country’s largest behavioral health...
by Carrie Haubensak | Jan 5, 2022 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”) an omnichannel insurtech leader in life, health and wealth solutions, announced it has acquired The Diversified Companies (“Diversified”), a leading independent marketing organization based in Parsippany, New Jersey. As...
by Carrie Haubensak | Dec 16, 2021 | Insurance Industry, news
U.S. healthcare spending skyrocketed in 2020 as the federal government invested significantly in response to the COVID-19 pandemic, according to new data from the Centers for Medicare & Medicaid Services (CMS). CMS’ Office of the Actuary released its annual...
by Carrie Haubensak | Dec 16, 2021 | Insurance Industry, news
Insurtech Bright Health is getting a major infusion of $750 million in capital from existing investor New Enterprise Associates and Cigna’s venture arm. Cigna, a new investor in the company, is investing a significant chunk of change — $550 million — in an...
by Carrie Haubensak | Dec 16, 2021 | Insurance Industry, news
Healthcare merger and acquisition activity hit a new stride in 2021, fueled by investor interest in digital health and virtual care as well as the SPAC craze that’s pumping a lot of cash into the market. M&A in the healthcare industry has been more robust...