Health Net news from FierceHealthcare
News
Health insurer financial records subpoenaed in rate hike probe
The seven largest health insurance companies in California have until March 8 to deliver subpoenaed financial records and other documents to the state Attorney General Jerry Brown. The records will... Read more...
Furor, demand for answers, spreads over rising healthcare premiums
Anthem Blue Cross isn't the only one drawing criticism for its rate increases. With U.S. Secretary of Health and Human Services Kathleen Sebelius demanding public justification for premium hikes of... Read more...
Connecticut MDs protest takeover of Health Net memberships by UnitedHealthcare
Last month, Connecticut state regulators agreed to let UnitedHealthcare pick up renewal rights to Health Net's membership rolls. Under the plan, Health Net will stop offering health insurance in... Read more...
Ingenix gets its comeuppance
For quite some time, complaints had been piling up over the rates U.S. health plans were paying for out-of-network charges. Doctors were upset because the rate base was low, and patients were unhappy... Read more...
Health plan rescissions under fire in reform talks
Over the past year or two, we've told you some pretty colorful stories about the practice of rescission, under which health plans cancel active coverage on the premise that patients lied about... Read more...
Healthcare M&A likely to be first private equity sector to recover
When the economy finally begins to stagger to its feet, expect healthcare to be the sector where the pace of M&A deals picks up the most quickly, according to a new analysis from healthcare... Read more...
Study: Ingenix data used throughout health plan industry
The Senate has looked into the face of the infamous Ingenix rate databases, and concluded that they are legion. A new report by the Senate Commerce Committee has concluded that the Ingenix... Read more...
Health Net will stop using Ingenix database
Following the lead of other insurers, including Cigna, UnitedHealth and Aetna, Health Net has agreed to stop using an Ingenix database commonly used by health plans to set out-of-network... Read more...
Health Net will pay $1.95 million in recession suit
Marking another landmark in a titanic struggle between health plans, providers and consumers over the right to cancel policies, Health Net has agreed to pay $1.95 million to California hospitals to... Read more...
Health Net's Jay Gellert - CEO Compensation
Jay Gellert - Health Net Total Compensation: $4,425,355 Details: Gellert, whose company is considering selling off divisions in at least four states, earned nearly $740,000 in additional compensation... Read more...
