Budgeting
The company says there's opportunity to enhance its value proposition in the realm of virtual care.
However, health systems didn't fare as well, seeing operating margins drop for a third consecutive month in September.
The revenue is a year-over-year increase from Q3 2023, during which the insurer's revenue capped at about $25.4 billion.
Executives at the system level saw greater gains as compared to subsidiary hospital executives, survey shows.
The group says its action aims to protect consumers from predatory practices that can lead to inflated healthcare costs.
More than half of employers plan to implement programs that will reduce total costs, a WTW survey finds.
It's the second consecutive month in which operating margins tightened, Strata's data shows.
The move is part of a multiyear initiative to overhaul the system's approach to medical debt.
This is an 8% decline following the expiration of pandemic-era policies that temporarily increased star ratings for some plans.
2025 would be the third consecutive year of health benefit cost increases above 5%, following a decade of about 3% increases.