CVS Health recently announced that it will invest nearly $600 million over five years to advance employee, community and public policy initiatives that address inequality faced by Black people and further decapacitated communities. The investment follows a commitment from President and CEO Larry Merlo to evaluate how the company operates …
To increase member engagement and combat rising healthcare costs experienced in today’s market, healthcare company Aetna has designed a new innovative insurance plan. The Aetna Connected plan, which will be available in January 2021, will permit members to access appointments at CVS Health’s MinuteClinic and newer HealthHUBs for no copay; …
On August 17, 2020, a federal district court blocked a Department of Health and Human Services (HHS) regulation which was intended to allow healthcare and insurance discrimination based on sex stereotyping, gender identity and pregnancy-related conditions. The U.S. District Court Judge found that the planned regulation, which was announced in …
On August 5, 2020, Teladoc Health, Inc. (TDOC), well-known telemedicine provider, entered into a definitive merger agreement with Livongo Health, Inc. (LVGO) valued at $18.5 billion. Both companies, who excel in virtual health and chronic condition management, will create a comprehensive virtual healthcare delivery system — designed to improve health …
“Employers and other plan sponsors are increasingly looking for innovative tools to help people manage worry and anxiety, especially in light of the COVID-19 pandemic,” said Sree Chaguturu, MD, chief medical officer at CVS Caremark, the PBM of CVS Health, in a statement. CVS Health has launched ‘Daylight’ — …
According to a recent federal rule, individuals who have been laid off or furloughed will now have additional time to decide whether to continue with the same employer-sponsored health insurance. With the new rule’s extended timeframe, individuals will have at least 120 days to decide whether they want to elect …
On July 15th, CVS Health launched “Time for Care” — a campaign that reinforces the importance of accessing primary healthcare and encourages individuals to prioritize their primary healthcare needs. “Time for Care” includes a national television ad, a microsite, digital content, and Aetna member program components that address concerns for individuals …
On July 8, 2020, the U.S. Supreme Court upheld two regulations expanding exemptions from the contraceptive coverage mandate under the Affordable Care Act (ACA). Under the regulations, plan sponsors that object to providing contraceptive coverage based on sincerely held religious beliefs or moral convictions will not be penalized for failing …
On June 23, 2020, District Judge Carl Nichols ruled in favor of the Trump administration’s final rule requiring hospitals to disclose their negotiated prices. This decision comes after a lawsuit filed by the American Hospital Association (AHA) late last year. The suit was an attempt to block the rule’s implementation, …
The U.S. Department of Labor launched an interactive online tool to help workers determine if they qualify for paid sick leave or extended family and medical leave to cover time away from work for reasons related to the coronavirus (COVID-19). The tool acts as a guide for workers, which walks …
Direct Primary Care (DPC) continues to be an innovative approach to help reinvigorate primary care for doctors and patients. A direct primary care plan is a contract between an individual and one or more primary care physicians to provide medical care for a fixed fee without billing a third party. …
The coronavirus pandemic has forced employers to reimagine how they conduct business now and in the future. With many companies extending telework opportunities and seeking ways to limit contact in the workplace, employers are beginning to plan for virtual open enrollment. Businesses have and will continue to face adjustments to …
As the scope of the coronavirus pandemic continues to expand, Aetna continues to show its commitment to help support and protect its members. The carrier is mindful of the challenges their small business customers and employees have had to face, which has led to the initiative to again extend and …
As the current pandemic continues to raise health concerns, many health insurance carriers have taken the initiative to ensure members have continued coverage for and access to COVID-19 related testing and treatment. For instance, Cigna announced they have extended their previously announced support for customers, by implementing the following COVID-19 …
Over the last several months, the rise of COVID-19 has presented an excessive amount of challenges to individuals, businesses, institutions and across national and global healthcare systems. In efforts to restore imbalances in the healthcare industry, UnitedHealth Group, along with many other insurance carriers, have rose to the occasion. UnitedHealth …
