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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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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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STAT+: Heated lawsuit between AdventHealth, MultiPlan attracts hospital lobbyists

STAT

A lawsuit between a large hospital system and a dominant vendor that works for health insurance companies is getting a lot more heated — with one party calling the other an “economic parasite.”

Hospitals 334
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STAT+: CVS Health sees Medicare Advantage patients seek more care, eating into profits

STAT

Medicare Advantage members continue to go to the doctor and get health care procedures a lot more than predicted, CVS Health executives said at the J.P. Morgan Healthcare Conference on Monday.

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The stability of $0 premiums in Medicare Advantage

STAT

Arbitration, the land where nobody is happy After Congress officially outlawed most types of surprise medical bills last year, there’s been endless, litigious debate as to how health insurance companies and providers should settle their differences while patients are held harmless.

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Justice Department sues Cigna for allegedly exaggerating conditions of Medicare Advantage members

STAT

The Department of Justice filed a new lawsuit against Cigna Monday, alleging the health insurance company overcharged the federal government by purposefully inflating how sick its Medicare Advantage members were. Read the rest…

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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.