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The Standard Insurance Company will acquire Elevance Health Inc.'s disability, accidental death and dismemberment, absence management and paid family leave businesses, Becker’s Payer Issues reports. According to a March 29 news release, The Standard, a Portland, Oregon-based disability and life insurance and employee benefits provider, will also enter a product distribution partnership with Elevance.
1. FTC refunds customers for fraudulent health plans sold by Benefytt
2. Health systems consider dropping Medicare Advantage plans due to financial losses
3. UnitedHealth faces rising lawsuits following Change Healthcare cyberattack
4. MedPAC calls for 'major overhaul' of Medicare Advantage policies
5. Medicare to cover Novo Nordisk's weight-loss drug for heart patients
6. AT&T faces second lawsuit over $8 billion pension risk transfer