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Cigna Explores Selling Medicare Advantage Business, Amwell Reports Strong Results, Humana Shares Fall, Biden Administration Overhauls Surprise Billing
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August Health's Senior Advisory Board
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Cigna is considering selling its Medicare Advantage business as the U.S. government tightens reimbursement for health insurers. Amwell reports strong third-quarter results, including securing a contract with the Defense Health Agency worth up to $180 million. Humana shares fall after forecasting disappointing profit growth in 2024. The Biden administration proposes changes to the surprise medical billing resolution process to improve efficiency and reduce disputes.
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How might the changes proposed by the Biden administration affect the surprise medical billing resolution process?
How might the potential divestment of Cigna's Medicare Advantage business impact the company's revenue?
What are the potential implications of Amwell's contract with the Defense Health Agency for its future financials?
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