Healthcare Dive reports that "Pharmacy giant CVS Health said the expected close date for its $69 billion megamerger with Aetna will be before Thanksgiving as the deal awaits regulatory approval from five states." Both companies are involved with the FEHBP.
Health Payer Intelligence discusses 3rd quarter 2018 earnings reports from Aetna, Cigna, and Centene.
Healthcare Dive also offers an interview with the CEO of the Pennsylvania-based Geisinger Health System which also participates in the FEHBP.
Yesterday, the Internal Revenue Service announced an adjustment to the Patient Centered Outcomes Research Institute funding fee imposed on health insurance issuers and self funded health plan sponsors including all FEHB plans. The PCORI fee for policy years and plan years that end on or after October 1, 2018, and before October 1, 2019, is $2.45 per covered life. That's up six cents from last year's rate of $2.39 per covered life.
Health IT Security discusses the HHS Office for Civil Rights October newsletter with HIPAA Privacy and Security Rule compliance tips.
In an interesting development, TRICARE, the military healthcare program for dependents and retirees, will be holding its first open season beginning next week according to Federal News Network (previously Federal News Radio). "In addition to healthcare, dental and vision care for TRICARE retiree beneficiaries will be transferred to the Federal Employees Dental and Vision Insurance Program (FEDVIP). Retirees will be able to choose from 10 different dental carriers and four vision carriers. Signing up for vision and dental is a completely separate open season and not through the TRICARE system."
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