by admin | Jan 21, 2022 | Insurance News, United Healthcare, United Healthcare
UnitedHealth Group announced 2021 revenue of $287.6 billion Wednesday — while promising an even even larger windfall in 2022. The Minnetonka-based health care giant said that figure was 11.8% higher than in 2020, when revenue hit $257.1 billion. The...
by admin | Jul 3, 2020 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Illinois Health Insurance, Insurance News
Severance pay drove the outgoing CEO’s compensation above $31 million, while the Blue Cross parent also showered cash on her interim successor, the board chairman and other execs. Paula Steiner, who stepped down as CEO in July, received total compensation last...
by admin | Apr 19, 2018 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
The parent of Blue Cross & Blue Shield of Illinois, the state’s largest insurer, made more than a billion dollars last year, rebounding after three years of Affordable Care Act-related duress. Health Care Service Corp.’s 2017 net income soared more...
by admin | Apr 17, 2018 | Blue Cross Blue Shield of Illinois, Insurance News
The Rauner administration has cut off Blue Cross & Blue Shield of Illinois from enrolling patients in the state’s revamped Medicaid managed care program, a blow to the dominant insurer. The Illinois Department of Healthcare and Family Services, which...
by admin | Nov 22, 2017 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
BCBSIL and OSF – Agreement Reached Blue Cross and Blue Shield of Illinois (BCBSIL) and the Order of St. Francis Healthcare System (OSF) have reached an agreement that will keep the following OSF hospitals in BCBSIL’s PPO and BlueChoice® networks: Medical Center...
by admin | Oct 13, 2017 | Ambetter, Blue Cross Blue Shield of Illinois, Cigna, Illinois Health Insurance, Insurance Laws, Obamacare
In Illinois, nearly half of the roughly 314,000 people who bought Obamacare health insurance coverage last year did so with the help of a federal subsidy. Nationwide, the tally is higher: on average 57 percent of the 10.3 million people with such a plan, according to...
