The purchase is subject to bankruptcy court approval, and the transaction will close pending completion of all closing conditions, including regulatory approval.

Insurers argue that prior authorization is a critical tool for managing excessive or wasteful use of health care services and keeping costs (and ultimately, premiums) in check.

The study found that the $43.2 billion total was less than the reported cost of cancer treatment within the first 12 months after diagnosis.

Eight states have committed to slowing the rate of health care spending growth by setting statewide targets.

It costs more to deliver health care in small rural communities than in urban areas, and many health insurance plans do not pay enough to cover these costs.

More than half of respondents said they feel "overwhelmed or anxious" at the thought of dealing with insurance.

Historically the firm's executive compensation has risen when more investor money flows into one of the products to which the tool steers clients.

Nearly 6 in 10 postings advertised at least one benefit in May, up from less than 40% in January 2020.