by Carrie Haubensak | Jul 22, 2021 | Medicare Advantage, Medicare Supplement, news
2nd Quarter 2021 Highlights: Operating Revenue: Operating revenue was $33.3 billion in the second quarter of 2021, an increase of $4.1 billion, or 14.1 percent, versus the prior year quarter and 15.8 percent after adjusting for the repeal of the health insurance tax...
by Carrie Haubensak | Jul 22, 2021 | Medicare Advantage, news
Clover Health, an innovative technology company committed to improving health equity for America’s underserved seniors, announces that it’s enhancing its current over-the-counter (OTC) benefit to include groceries. The new benefit is available to eligible...
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...
