Having secured an agreement on reimbursements for out-of-network care with the last health insurer covering New Yorkers, the state’s governor and attorney general announced a new insurance regulation for patients.

New …  Read →

WellPoint Inc., the nation’s largest health insurer, saw an increase in its national business in the first quarter, while other segments experienced losses as a result of the economy.

Angela …  Read →

WellPoint Inc. has announced that it plans to sell its NextRx pharmacy benefits management subsidiary to St. Louis, Mo.-based Express Scripts for $4.7 billion.

The deal includes consideration for the value …  Read →

Calling testimony on the Ingenix out-of -network reimbursement database “profoundly troubling,” a Senate committee chairman called for more accountability by those responsible.

John "Jay" Rockefeller

Sen. John “Jay” Rockefeller (D-W. Va.), …  Read →

The American Medical Association and several other medical societies have filed a class-action suit against WellPoint Inc., alleging that the nation’s largest insurer participated in an industry-wide scheme to defraud …  Read →

Health insurers will alter pricing in the wake of “serious earnings shortfalls” last year, a key insurance ratings service predicts.

“As a result of last year’s reduced profitability, we expect that …  Read →

WellPoint, one of the nation’s largest health insurers, is seeking buyers for its pharmacy benefits management business with a price tag expected to be in the billions of dollars.

WellPoint’s PBM …  Read →

New York Attorney General Andrew Cuomo has reached agreements with two New York insurers to stop using the controversial Ingenix reimbursement database after threatening to sue both companies last month.

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