Accounting & Financial Management
This is an 8% decline following the expiration of pandemic-era policies that temporarily increased star ratings for some plans.
2025 would be the third consecutive year of health benefit cost increases above 5%, following a decade of about 3% increases.
Eighty hospitals want a reversal of a final rule that includes Medicare Advantage in payment calculations.
Compensation increased more than 5% for many specialties but only increased 3.6% among primary care specialties.
The company cut about $2B worth of total debt and added $2.5 billion in exit financing.
DOJ says St. Peter fraudulently submitted claims for services performed by an oncology doctor.
The company maintained a strong balance sheet, with $11 billion in cash and investments, and net assets of $10 billion.
On average, the budgeted health plan cost for clients is $14,823 per employee in 2024, Aon's report finds.