Sale of plans in three Texas and Arkansas markets will help Humana satisfy its government-stipulated divestiture so that it can complete its acquisition of Arcadian Health.
Cigna will purchase Medicare Advantage plans in three markets in Texas and Arkansas from Humana. The sale comes on the heels of last year’s government stipulation that Humana divest some of its Medicare Advantage plans in order to complete its acquisition of Arcadian Health.
The plans in Amarillo and Longview-Marshall, Texas, and Texarkana, Ark., will move about 3,500 Humana or Arcadian members to Cigna’s HealthSpring on Jan. 1, 2013. HealthSpring, based in Nashville, already serves more than 1 million customers, but this allows it to extend into Arkansas for the first time and expand its current footprint in Texas.
“We welcome our new customers to our talented team of doctors and staff that have proudly served our customers for over a decade,” stated HealthSpring President Herb Fritch in a press release. “At HealthSpring, we dedicate significant resources to meet the individual needs of each and every one of our customers and we look forward to delivering our service to more Texas and Arkansas seniors.”
Go back to the Managed Healthcare Executive eNews newsletter.
Today, the clade 2b outbreak has reached alarming proportions, with over 94,000 confirmed cases reported across 117 countries, including significant numbers in the U.S. and Brazil, and up to 103 deaths. The virus has been found to affect younger men who have sex with men, who are linked to high rates of HIV co-infection.
Read More
In this latest episode of Tuning In to the C-Suite podcast, Briana Contreras, an editor with MHE had the pleasure of meeting Loren McCaghy, director of consulting, health and consumer engagement and product insight at Accenture, to discuss the organization's latest report on U.S. consumers switching healthcare providers and insurance payers.
Listen
In our latest "Meet the Board" podcast episode, Managed Healthcare Executive Editors caught up with editorial advisory board member, Eric Hunter, CEO of CareOregon, to discuss a number of topics, one including the merger that never closed with SCAN Health Plan due to local opposition from Oregonians.
Listen