Business Intelligence
The groups promise that the new model will be a "radical departure" from traditional fee-for-service models.
M&A activity in the health insurance sector will remain high in 2021, adding to the four significant deals that have already been announced.
The new services include a digital health tool that enables members to engage in shared decision-making with their care team.
The move taps into the small business market in Connecticut and seeks to introduce more choice in coverage options.
Humana disputed the findings and raised concerns about HHS' methodology, saying it’s "inconsistent with statistical principles."
The signees view the lack of a second application period as a hindrance to the move toward value-based care.
Average seller size by revenue was $676 million, well above historical averages for the first quarter and for recent year-end averages.
The goal of the partnership is to enhance care by enabling members to receive certain healthcare services in their homes.
The organizations plan to announce further details of their insurance plan during this fall’s annual enrollment period.
With specialty reintegrated into the pharmacy services, the goal is to deliver cost savings for Service Benefit Plan members.