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Managed Healthcare Market Report

Managed Healthcare Market Report Breaking News

CORDANI NAMED PRESIDENT, COO OF CIGNA (June 30, 2008)
Cigna Corp. (Philadelphia) has named David Cordani president and chief operating officer.

’09 MEDICAL COSTS TO RISE 9.6%, PWC SAYS (June 30, 2008)
A study from consulting firm PriceWaterhouseCoopers (New York) projected that medical costs will rise 9.6% in 2009, compared to an increase of 9.9% in 2008.

MANAGED CARE STOCKS DIVE 3.1% (June 30, 2008)
Managed care fell 3.1% in the week ended June 27, according to an MHMR tally of 13 issues.

MANAGED CARE SERVICES FELL 2.7% (June 30, 2008)
Managed care services fell 2.7% in the week ended June 27, according to an MHMR tally of 10 issues.

AHIP DRAWS 3600 ATTENDEES, 2500 PROTESTERS (June 24, 2008)
The 2008 annual meeting of America’s Health Insurance Plans (Washington) in San Francisco June 18-20 attracted 3600 attendees.

AMA UNVEILS INSURER CLAIMS PROCESSING REPORT CARD (June 24, 2008)
The American Medical Assn. (Chicago) has unveiled a report card that ranks health plans on claims processing in an effort to “hold health insurance companies accountable for making claims processing more cost-effective and transparent.”

MEDCO WINS COVENTRY MEDICARE PBM BUSINESS (June 24, 2008)
Medco Health Solutions (Franklin Lakes, NJ) has won a multi-year contract effective Jan. 1, 2009

MANAGED CARE STOCKS PLUMMET 9% (June 24, 2008)
Managed care fell 9% in the week ended June 20, according to an MHMR tally of 13 issues.

MANAGED CARE SERVICES DROP 3.8% (June 24, 2008)
Managed care services fell 3.8% in the week ended June 20, according to an MHMR tally of 10 issues.

MCO MEMBERSHIP RISES 5% TO 126.4 MILLION IN 1Q08 (June 17, 2008)
Fully funded and self-funded enrollment combined increased 5% to 126.439 million at 20 leading managed care organizations as of March 31, 2008.

COMMERCIAL PPO ENROLLMENT DECLINES 1.8% IN 1Q08 (June 17, 2008)
Fully funded commercial PPO enrollment among 18 leading managed care organizations dropped 1.8% to 41.47 million as of March 31, 2008, compared to the same period a year earlier.

MANAGED CARE STOCKS DROP 3.8% (June 17, 2008)
Managed care fell 3.8% in the week ended June 13, according to an MHMR tally of 13 issues.

MANAGED CARE SERVICES DIP 0.7% (June 17, 2008)
Managed care services fell 0.7% in the week ended June 13, according to an MHMR tally of 10 issues. Four stocks rose, and six fell. Market cap dipped 0.7% to $119 billion.

1Q08 BCBS HMO/POS LIVES DECLINE 2.1% TO 25.1 MILLION (June 10, 2008)
Fully funded HMO and POS lives among 19 leading Blue Cross Blue Shield companies declined 2.1% to 25.144 million as of March 31, 2008.

1Q08 HMO/POS LIVES DECLINE 0.3% TO 62.7 MILLION (June 10, 2008)
Fully funded HMO and POS enrollment among 20 leading managed care organizations fell 0.3% to 62.702 million as of March 31, 2008, compared to the same period a year earlier.

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