by Jason Yoo | Jul 1, 2021 | Medicare Advantage, news
Bright Health made $924 million in its initial public offering late last week, setting a new high for insurers going public. Competitors Oscar Health, Clover Health and Alignment Health all went public earlier this year. The IPO pricing values Bright Health at $11.23...
by Jason Yoo | Jun 24, 2021 | Medicare Advantage, news
Clover Health (NASDAQ: CLOV) (“Clover”), an innovative technology company committed to improving health equity for America’s underserved seniors, announces plans to nearly double its geographic footprint. The expansion, which is subject to CMS approval, will make...
by Jason Yoo | Jun 24, 2021 | Medicare Advantage, news
Centene Corporation (NYSE: CNC) dedicated its new East Coast headquarters in Charlotte. The first phase of construction, which broke ground in August 2020 and is anticipated to be completed in 2022, will span nine floors and include 800,000 square feet of meeting and...
by Jason Yoo | Jun 24, 2021 | Medicare Advantage, news
Medicare Advantage company Alignment Healthcare today announced the expansion of its award-winning health plans its plan portfolio to include new Preferred Provider Organization (PPO) plans in 28 markets nationwide beginning Jan. 1, 2022, pending regulatory approval....
by Jason Yoo | Jun 17, 2021 | Medicare Advantage, Medicare Supplement, news
Overview The United States Food and Drug Administration (FDA) recently announced accelerated approval of a new Alzheimer’s disease treatment developed by Biogen called ADUHELM. This approval is significant in many ways. Aduhelm is the first novel therapy approved for...
by Jason Yoo | Jun 17, 2021 | Medicare Advantage, news
The Medicare Payment Advisory Commission (MedPAC) wants to change how Medicare Advantage (MA) benchmarks are calculated due to concerns that plans have not yielded net savings for Medicare. The recommendation, outlined in a report to Congress released Tuesday (PDF),...
