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Michael McCallister, chief executive officer of Humana from 2000 to 2012 [21] William W. McGuire, chief executive officer of UnitedHealth until he stepped down along with director William G. Spears following a U.S. Securities and Exchange Commission investigation in 2006 [22]
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
Humana pulled out of the acquisition after United stock dropped $2.9 billion in value. [9] In 2001, Humana was a cofounder of Avality. [10] In 2005, Humana entered into a business partnership with Virgin Group, offering financial incentives to members for healthy behavior, such as regular exercise. [11]
Humana's Provider Quality Rewards Program Distributes Nearly $20 Million to Primary Care Physicians Across the U.S. Physicians in program met or exceeded quality benchmarks in 2011 LOUISVILLE, Ky ...
Provider-sponsored health plans can form integrated delivery systems; the largest of these as of 2015 was Kaiser Permanente. [30] Kaiser Permanente was the highest-ranked commercial plan by consumer satisfaction in 2018 [31] with a different survey finding it tied with Humana. [32]
MetCare was founded in 1996 and began operations as a physician practice in Florida. The first business partner of the company was Humana.Thanks to the policy of Medicare Advantage membership, the company developed rapidly in 2003, delivering more services to more counties. [4]
The Council for Affordable Quality Healthcare, Inc. (CAQH) is a non-profit organization [4] incorporated in California as a mutual benefit corporation. It was first incorporated under the name Coalition for Affordable, Quality Healthcare, Inc., and then renamed the Council for Affordable Quality Healthcare, Inc. on August 8, 2002.
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