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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. UnitedHealthcare faces backlash over prior authorization policy
2. House panel asks Cigna for details on controversial claims denials
3. Coalition opposed to UnitedHealthcare prior authorization grows
4. Million-dollar health care claims are rising for self-insureds
6. Benefytt Technologies files for bankruptcy after paying fraud settlements