Insurers SCAN Group and CareOregon would form HealthRight, covering Medicare and Medicaid enrollees. Two nonprofit health plans focused on government-backed coverage are planning to combine in a deal that aims to create a sizable new player in the rapidly growing business of managed Medicare and Medicaid. SCAN Group, based in Long Beach, Calif., and CareOregon, […]
CALIFORNIA Plaintiff whose insurer delayed surgery is awarded $14 million over opioid dependency Health Net was ordered to pay $14.4 million in damages after an L.A. County jury found it had delayed or denied care without proper cause. (Anne Cusack / Los Angeles Times) BY CHRISTIAN MARTINEZSTAFF WRITER DEC. 15, 2022 5:30 AM PT
As Americans are overwhelmed with medical bills, patient financing is now a multibillion-dollar business, with private equity and big banks lined up to cash in when patients and their families can’t pay for care.