LOUISVILLE, Ky. and TAMPA, Fla., April 3, 2019 /PRNewswire/ — This April, in honor of Child Abuse Prevention Month, WellCare of Kentucky, a WellCare Health Plans, Inc. (NYSE: WCG) company, sponsored Prevent Child Abuse Kentucky’s (PCAK) 2019 Community Awards. The event provided community organizations with resources and tools to host awareness events around the Commonwealth. After overwhelmingly positive responses to the 2018 sponsorship and an increase in applications received, WellCare doubled the sponsorship to $10,000 for 2019, helping PCAK to further community support statewide. [Read more…]
WellCare Announces Five-Year $1.3 Billion Amended and Restated Credit Agreement
WellCare Health Plans, Inc. (“WellCare”) (NYSE: WCG) today announced that it has entered into an Amended and Restated Credit Agreement for its Revolving Credit Facility (“Credit Agreement”). The company plans on using this upsized facility to support its long-term growth plans, including, but not limited to, its pending acquisition of Meridian Health Plan of Michigan, Inc., Meridian Health Plan of Illinois, Inc. and MeridianRx, LLC (“Meridian”), as well as for general corporate purposes. [Read more…]
Ageas Insurance Adopts Symbility Desk Adjusting Solution
Symbility Solutions (TSX.V: SY) (“Symbility”), a global software company focused on modernizing the insurance industry, is pleased to announce that they have signed a multi-year agreement with Ageas Insurance Limited. Ageas is a recognized leader in the United Kingdom insurance sector for the exceptionali customer experience delivered to their policyholders. [Read more…]
Blue Cross and Blue Shield of Texas Now the Largest Value-based Contract for Baylor Scott & White Health’s ACO
Blue Cross and Blue Shield of Texas (BCBSTX) has reached an agreement with Baylor Scott & White Quality Alliance (BSWQA), Baylor Scott & White’s accountable care organization (ACO) to deliver high-quality and lower cost care to more than 140,000 BCBSTX members in North and Central Texas. [Read more…]
Mental Health News Education Honors Beacon Health Options Executive Jim Spink
Beacon Health Options (Beacon), the nation’s premier behavioral health management company, has announced that Mental Health News Education (MHNE) has presented its 2018 Leadership Award to Beacon Mid-Atlantic Market President Jim Spink. The MHNE Leadership Award recognizes Mr. Spink for his more than two decades of championing treatment services and public policy that advance the quality of life of individuals and families living with mental illness, substance use disorder and autism spectrum disorder. [Read more…]
Infinisource Benefit Services Showcases Lineup of Benefits Administration Services
Infinisource Benefit Services will be on display with its innovative benefits administration products at the upcoming Coastal Empire Association of Health Underwriters Symposium & Exhibitor Fair. The event will take place at The Hyatt Regency Savannah in Savannah, Georgia on April 25. The 14th annual occurrence of this event offers health insurance professionals in Georgia with the opportunity to participate in continuing education, receive updates on the industry, and meet carrier partners. [Read more…]
NCCI Examines Impact of Opioids on Workers Compensation System
The National Council on Compensation Insurance (NCCI) is examining the growing issues related to opioid use in America through a three-part series, On Opioids. This series is aimed at exploring three viewpoints on issues surrounding opioid use and workers compensation: those of doctors, insurers, and regulators. NCCI has posted its first article of the series—On Opioids: The Doctors’ Perspectives—on ncci.com. [Read more…]
Florida Blue Partners with Welltok
Florida Blue, a leading health insurer in Florida, has partnered with Welltok, a leading enterprise Software as a Service company for consumer health. The partnership provides Florida Blue members with access to a unique digital health and wellbeing program designed to help individuals become and stay healthy. [Read more…]
Avella to Improve Access to Naloxone
Avella will distribute naloxone, a powerful therapy used to treat opioid overdoses, as part of an innovative new program designed to improve access to the drug. The program allows individuals and family members in certain states to simply contact the pharmacy and order the drug by phone, with no physician prescription needed. In these circumstances, one of Avella’s pharmacists will actually supply the prescription if they determine that EVZIO® (naloxone HCl injection) or another naloxone therapy is appropriate. [Read more…]
25% Have Worked with Exec Whose Severe Illness Affected Company’s Business
One quarter (25%) of U.S. employees surveyed have worked with an executive who became severely ill and whose illness affected the company. This finding of the HealthMine 2018 Rising Risk Survey highlights the need for companies to do a better job of identifying key employees who are at-risk for a chronic illness. Once risks are identified, plan members can engage in personalized health actions to help ward off disease. In addition, companies can implement contingency and succession plans should these employees suddenly become sick. [Read more…]