[ad_1] Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements. Walgreens disclosed the settlement…
Tag: Non-life Insurance
UnitedHealth Group to Sell Operations in Brazil
[ad_1] UnitedHealth Group has agreed to sell its operations in Brazil to a private investor. The healthcare and insurance company disclosed Friday that it expects to close the sale in…
WSJ News Exclusive | Cigna Nears Deal to Offload Medicare Business
[ad_1] Cigna is in advanced talks to sell its Medicare business in an about-face for the health-insurance giant, which had been expanding its footprint in the fast-growing sector. Cigna, which…
How to Make the Most of Your FSA Money Before It Disappears
[ad_1] The flexible-spending account, or FSA, is one of two common ways of paying for healthcare expenses tax-free. With an FSA, employees can deduct a certain amount of money from…
Climate Change Is Breaking Insurance. Here’s How Tech Could Save It.
[ad_1] If floodwaters outside a warehouse in Freeport, Texas, owned by private investment firm Postlane Partners rise to 8 inches, an internet-connected sensor will trigger an automatic $3 million payment…
The Medicare Gold Rush Is Slowing Down
[ad_1] The popularity of private Medicare plans has been a huge driver of profits for insurance companies in recent years. There are signs the gold rush isn’t quite what it…
Yellow Rivals Scoop Up Truck Terminals in Bankruptcy Auction
[ad_1] Yellow is set to raise more than $2 billion after a bankruptcy auction that will disperse much of its national network of truck terminals among rivals, casting deeper doubt…
Cigna-Humana Merger Is Likely to Face Antitrust Challenge
[ad_1] From a financial perspective, a Cigna-Humana megamerger makes a lot of sense. Cigna has a huge pharmacy benefit management business, but has been largely missing out on the highly…