The COVID-19 pandemic has forced many industries to pivot. The entertainment industry has taken to Zoom and other virtual formats to continue providing “live” shows. The restaurant industry has shifted to takeout, delivery and curbside pick-up options. The list goes on… So, what about healthcare? While this industry is usually slower to evolve, the pandemic has forced accelerated change among all its stakeholders—including health insurers. But, who are the actual people making the decisions that impact care delivery for all? Look no further than this Fierce Healthcare piece on the six major movers in the payor world and the reasons why you should keep your eye on them going into 2021. The executives featured in this article have influence that extends far beyond the insurance sector; they are all playing huge roles in driving vertical integration in the healthcare industry—whether it’s Tim Wentworth, CEO of Cigna’s Evernorth, Wyatt Decker, CEO of UnitedHealthcare’s Optum, or Karen Lynch, who currently heads up Aetna but is poised to talk the lead at CVS Health. Looking at the profiles of these key players, we see confirmation that payors are expanding and diversifying their lines of business to encompass the whole healthcare ecosystem. And while they may say this is all in service of their members, the biggest benefit we see is to their own pockets.
Show me more proof!
Sign up to receive our regular roundup of the latest evidence of payors’ bad behavior across the healthcare ecosystem.