Health insurer Cigna is zeroing in on targeted communities in an effort to combat the opioid crisis (CI)

Cigna is taking a new approach to combat the opioid crisis by focusing in on communities with higher than average overdose rates.  The health insurer is partnering with health care providers, pharmacists and community organizations to educate, intervene and support its customers.  Cigna is also working with employers to develop a more comprehensive coverage plan […]

British insurer Direct Line offers Tesla Autopilot discount

Britain’s largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the car’s Autopilot system, seeking to encourage use of a system it hopes will cut down on accidents. The move – confirmed by company representatives in response to Reuters’ questions – is Tesla’s only tie-up in […]

CVS buys health insurer Aetna to counter Amazon

Amazon is considering diving into the pharmacy business, and that’s making incumbents nervous… so nervous, in fact, that it just sparked one of the larger acquisitions in recent memory. CVS Health is acquiring the insurance giant Aetna for the equivalent of $ 69 billion in a bid to create a highly integrated health care provider. […]

A huge health insurer just decided to build its own middleman to manage prescriptions (ANTM, ESRX)

Bangkoker/Shutterstock In April, health insurer Anthem parted ways with Express Scripts, a pharmacy benefits manager.  Anthem was responsible for roughly 18% of Express Scripts’ first quarter 2017 revenue. Now, Anthem is launching its own PBM called IngenioRx. Anthem, which owns a variety of Blue Cross Blue Shield health insurance firms, said on Wednesday that it will be launching its own […]

A major health insurer wants to limit emergency-room coverage to life-or-death incidents only

Flickr In a move that could impact life-or-death deliberations of millions of Americans, Anthem Blue Cross and Blue Shield affiliates throughout the country are implementing tough new guidelines for determining whether to cover emergency room visits by their policyholders.  With the cost of hospital emergency room services ballooning and many uninsured or poor people turning […]

Anthem is the latest major insurer to threaten to pull out of Obamacare if Trump doesn’t fix it

AP Photo/Darron Cummings Anthem is the latest major insurer to voice its displeasure with the uncertainty and political gamesmanship roiling the Affordable Care Act markets, and is now sending signals that it may pull out of the system next year. If Anthem and its Blue Cross-Blue Shield affiliates do in fact pull back in 2018, […]