Aetna will acquire Humana in a $37 billion deal, the companies announced Friday morning, becoming the first mega-insurers to pull the trigger amid months of merger rumors.
The chief executives of three of the major U.S. health insurers currently locked in merger maneuvering have a lot to gain if takeover bids for their companies come to fruition, Bloomberg reports
Technology will continue to play an integral role in the evolution of healthcare as consumers increasingly demand more accountability from payers and providers, CEO Bruce Broussard stressed in a keynote address Tuesday morning at the Healthcare Information and Management Systems Society's annual conference in Chicago.
In April 2004, President George W. Bush, through an Executive Order, created the Office of the National Coordinator for Health IT with a goal of widespread use of electronic health records within 10 years.
Humana has its eyes set on a healthy task: To make the communities it serves 20 percent healthier by 2020. The insurer plans to move from its traditional role of having an episodic relationship with its members to a role that focuses on getting people healthy, Humana CEO Bruce Broussard wrote in a guest post for Forbes.
Humana CEO Bruce Broussard believes that personal devices in the home to monitor and track vital signs are "going to have the biggest impact" on the healthcare industry.
Humana's recent success in controlling costs has come in large part from an emphasis on member engagement, according to CEO Bruce Broussard.
As another batch of insurers have released their third quarter earnings, most signs continue to indicate that business is growing for the industry as a whole.
Insurers next year will be keeping premiums flat or even decreasing them in many parts of the country. In fact, consumers in just two states surveyed will see premium increases of 5 percent or more, according to a new study from the Urban Institute and the Robert Wood Johnson Foundation.
Now that there's an increase in insurer participation on more health insurance exchanges, the prices for all plans should decrease, says Humana CEO Bruce Broussard.