Jakob Emerson

1 week ago | beckershospitalreview.com | Jakob Emerson

Most of the top-earning executives at some of the nation’s largest for-profit healthcare organizations saw their overall compensation packages increase in 2024, according to proxy statements filed with the Securities and Exchange Commission. Total compensation can include base salary, bonuses, stock and option awards (which can vary based on the company’s stock performance), as well as changes in pension value, nonqualified deferred compensation earnings, and other compensation.

1 week ago | beckerspayer.com | Jakob Emerson

The salary of a Blue Cross Blue Shield CEO can vary significantly depending on factors such as company size, location, recent growth, and internal pressures. Some BCBS companies include executive compensation data within their annual financial reports, which are filed with state insurance regulators. Some states do not disclose executive salaries publicly, and others do not collect that information at all, meaning compensation data is not widely available for BCBS companies.

1 week ago | beckerspayer.com | Jakob Emerson

Priority Health, the insurance arm of Grand Rapids, Mich.-based Corewell Health, has partnered with Ayble Health to launch a new virtual health program designed to help members manage gastrointestinal disorders. Priority’s commercial members will have access to a virtual GI clinic that provides comprehensive care for digestive health, including support from a team of clinicians and specialized tools to help manage symptoms, according to a May 7 news release.

1 week ago | beckerspayer.com | Jakob Emerson

The first half of the year has been challenging for major insurers, with disappointing financial results, market exits, and pulled products. In contrast, smaller, often single market-focused payers have seen a surge in revenues and continued growth in membership. Some even aim to capitalize on the struggles of their larger competitors, planning to take market share in areas where the big players have stumbled.

1 week ago | beckerspayer.com | Jakob Emerson

Alabama Gov. Kay Ivey has signed legislation that will allow nonprofit agricultural organizations to offer health benefits in a format that would be exempt from the state’s insurance regulations, a move highly criticized by BCBS Alabama. While not classified as traditional health insurance, the benefits offered under the bill would still be required to cover a broad range of services, including hospitalization, emergency services, prescription drugs, and mental healthcare.