| 04.25.17 | CEO pay: What health insurance execs earned in 2016

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April 25, 2017 Subscribe Our Team Contact Us
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Today’s Rundown

  1. Highest-paid health insurance CEO earned $22M in 2016
  2. Express Scripts says Anthem will cut ties after contract ends
  3. Centene CEO confident that Congress won’t upend Medicaid, exchange markets
  4. [Sponsored] Blair Uses Advanced Analytics to Increase Medicare Stars Rating to 4.5*
  5. Kaiser Family Foundation: Withholding CSR payments would increase premiums, federal spending

Featured Story


Highest-paid health insurance CEO earned $22M in 2016

Monday, April 24, 2017 Centene’s Michael Neidorff earned a total of $22 million in 2016, making him the highest-paid executive of the eight largest publicly traded health insurers, according to a review of filings with the Securities and Exchange Commission. The next highest-compensated executive was Humana’s Bruce Broussard, who collected $19.7 million in 2016 compared to $10.4 million the year prior.


Express Scripts says Anthem will cut ties after contract ends

Tuesday, April 25, 2017 The rift between Anthem and Express Scripts now appears to have caused the pharmacy benefits manager to lose its largest client. Express Scripts said in its quarterly earnings announcement on Monday that it does not expect Anthem to renew its PBM contract once it expires, even though it had offered the insurer as much as $1 billion per year in price concessions from 2017 to 2019.


Centene CEO confident that Congress won’t upend Medicaid, exchange markets

Tuesday, April 25, 2017 Despite what seems like unprecedented uncertainty facing the healthcare industry, Centene’s CEO isn’t particularly worried about the effect that politics will have on his company’s business. Michael Neidorff began the insurer’s first-quarter earnings call on Tuesday by reassuring investors that even if Congress is successful at repealing and replacing the Affordable Care Act, Centene is well-equipped to weather what’s to come.


[Sponsored] Blair Uses Advanced Analytics to Increase Medicare Stars Rating to 4.5*

Monday, April 24, 2017 Geneia’s advanced analytics coupled with its three-step process helps payers attain the coveted Medicare Stars rating of four or more stars. Read how.


Kaiser Family Foundation: Withholding CSR payments would increase premiums, federal spending

Tuesday, April 25, 2017 The White House is considering withholding cost-sharing reduction payments from the ACA’s marketplaces in an effort to reel in reluctant Democrats, but the Kaiser Family Foundation projects the move could have disastrous consequences for the individual marketplaces and may end up costing the federal government more money in the long run.

News of Note

While conservatives in the House are expressing support for the latest version of the American Health Care Act, none of the GOP moderates who opposed the original version have publicly committed to supporting the new one. Politico article Anthem has named Hongmai Pham, M.D., as the company’s new vice president of provider alignment solutions, a role in which he will be responsible for Anthem’s value-based payment collaborations with doctors and hospitals. Announcement State health policy leaders who helped created the state-based insurance exchanges shared the lessons they’ve learned that will help inform future challenges states may face in implementing major national and state health reforms. Milbank Memorial Fund issue brief

Resources


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[Whitepaper] DocuSign Life Sciences eBook: Reducing Cycle Time with Digital Transaction Management

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[Whitepaper] Streamline Regulatory Compliance in Life Sciences with Digital Transaction Management

Sponsored By: DocuSign The U.S. Department of Justice has collected upwards of $17 billion in settlements from the healthcare industry since 2009, including more than $2 billion from a single life sciences company.

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