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(Bloomberg) — The UnitedHealth Group Inc. executive whose Optum division helped states and the federal government fix Obamacare health exchanges will become second-in- command at the agency that runs the U.S. program.
Andy Slavitt, Optums group executive vice president, was named principal deputy administrator at the Centers for Medicare and Medicaid Services, U.S. officials said. The company he comes from, UnitedHealth, is the nations largest health insurer.
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The plan to eventually phase out rebates portends a seismic shift in the flow of billions of dollars among drugmakers, insurers and employers.
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Smaller centers that give patients chemotherapy and count on timely insurance payments to cover their drug purchases have been the hardest hit.
The letter also asked the health-care giant to expedite funds to providers that weren't paid as a result of the incident.
