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It originally processed claims for doctors at the Hennepin County Medical Society. [4] United HealthCare Corporation was founded in 1977 to purchase Charter Med and create a network-based health plan for seniors. [5] It became a publicly traded company in 1984 and changed its name to UnitedHealth Group in 1998. [6]
US$ 226.6 billion (2023) [1] Parent. UnitedHealth Group. Website. www.optum.com /en /. Optum, Inc. is an American healthcare company that provides technology services, pharmacy care services (including a pharmacy benefit manager) and various direct healthcare services. Optum was formed as a subsidiary of UnitedHealth Group in 2011 by merging ...
In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans. [ 1 ][ 2 ] PBMs operate inside of integrated healthcare systems ...
HealthCare.gov is a health insurance exchange website operated by the United States federal government under the provisions of the Affordable Care Act or ACA, commonly referred to as "Obamacare", which currently serves the residents of the U.S. states which have opted not to create their own state exchanges. [1][better source needed] The ...
In the United States, health insurance helps pay for medical expenses through privately purchased insurance, social insurance, or a social welfare program funded by the government. [1][2] Synonyms for this usage include "health coverage", "health care coverage", and "health benefits". In a more technical sense, the term "health insurance" is ...
Medical billing is a payment practice within the United States healthcare system. The process involves the systematic submission and processing of healthcare claims for reimbursement. Once the services are provided, the healthcare provider creates a detailed record of the patient's visit, including the diagnoses, procedures performed, and any ...
The Cigna Group is an American multinational managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental organizations ...
Website. www.emblemhealth.com. 55 Water Street houses the company headquarters. EmblemHealth is one of the United States ' largest nonprofit health plans. It is headquartered at 55 Water Street in Lower Manhattan, New York City. [1] It is a multi-billion-dollar organization with over 3 million members.