At-Home Care Fueling Disruptive Medicare Advantage Startups

The Medicare Advantage (MA) landscape is heating up like never before, largely thanks to continued flexibilities from the Centers for Medicare & Medicaid Services (CMS) that allow plans to cover a variety of nonmedical benefits.  Plans’ newfound ability to offer supplemental benefits such as home care and transportation for certain beneficiaries is drawing a number […]

Oscar Health Taps Former Uber Executive Ahead of Medicare Advantage Rollout

Oscar Health has hired a former Uber (NYSE: UBER) executive as its new chief operating officer. Meghan Joyce, who was previously a regional general manager at Uber, will fill the position, which has been open since 2016, according to the health insurance startup backed by Google’s parent company, Alphabet Inc. (Nasdaq: GOOGL). “Meghan possesses an […]

‘Payvidor’ Devoted Health Raises $300M, Touts Value of Home-Based Care

Devoted Health, a health care startup trying to carve out a dual role as Medicare Advantage (MA) plan and home-based provider, launched earlier this week with a bang. The Waltham, Massachusetts-based company officially launched Tuesday by enrolling eligible MA members across eight counties in south and central Florida. In addition to launching, Devoted Health also […]

Oscar Health to Enter Medicare Advantage with $375M Alphabet Investment

Medicare Advantage (MA) plans are becoming more important payers for home health, as they have shown a steady climb in beneficiaries over the past decade. New opportunities are also arising for MA plans to cover non-skilled in-home care. There could soon be another MA player on the scene—one backed by Google parent company Alphabet Inc. (Nasdaq: GOOGL). […]