by Jason Yoo | Jul 16, 2021 | Medicare Advantage, Medicare Supplement, news
2nd Quarter 2021 Highlights: Revenues of $71.3 Billion Grew 15% Earnings from Operations were $6.0 Billion The second quarter 2021 medical care ratio of 82.8% compared to 70.2% last year, with the variance due to second quarter 2020 COVID-19 effects Based upon first...
by Jason Yoo | Jul 16, 2021 | Medicare Advantage, news
Primerica, Inc. (NYSE:PRI), a leading provider of financial services to middle-income families throughout the United States and Canada, announced today that the Company has closed its previously announced acquisition of 80% of Etelequote Limited’s operating...
by Jason Yoo | Jul 1, 2021 | Medicare Advantage, news
Anthem, Inc. announced the completion of the acquisition of Puerto Rico-based MMM Holdings, LLC and its Medicare Advantage (MA) plan MMM Healthcare, LLC. as well as affiliated companies and Medicaid plan. Anthem acquired MMM from InnovaCare Health, L.P., a leading...
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...
