Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

UnitedHealthcare and the Health Care Cost Institute have ended their partnership. Photo: UnitedHealth Group

UnitedHealthcare will no longer provide deidentified claims data to the Health Care Cost Institute, a nonprofit group that researches health care spending. Three other health insurers — Aetna, Humana and Kaiser Permanente — still give data and funding to HCCI, but Humana also has signaled it will stop doing so next year.

Between the lines: The medical claims data these insurance companies possess are very valuable, and ending a research agreement aligns more with their financial interests than the broader interest of industry transparency.

What they're saying: Niall Brennan, CEO of HCCI and a former data officer at the Centers for Medicare & Medicaid Services, said that "nobody is mandated to be a part of HCCI," but it "was definitely a surprise" to hear UnitedHealthcare was ending their agreement. He directed other questions to the health insurer.

  • UnitedHealthcare said in a statement that it "appreciated the partnership" with HCCI over the past 7 years and that it still shared data with some academic institutions. But the insurer raised broader questions about "data security and privacy."
  • Humana did not immediately respond to interview requests.

Yes, but: All data shared with HCCI is stripped of personal information to protect patient privacy.

  • Financial considerations likely also played a role. Optum, a sister company to UnitedHealthcare, sells data analytics services.

Go deeper

3 hours ago - Politics & Policy

Rahm Emanuel floated for Transportation secretary

Rahm Emanuel. Photo: Joshua Lott for The Washington Post via Getty Images

President-elect Biden is strongly considering Rahm Emanuel to run the Department of Transportation, weighing the former Chicago mayor’s experience on infrastructure spending against concerns from progressives over his policing record.

Why it matters: The DOT could effectively become the new Commerce Department, as infrastructure spending, smart cities construction and the rollout of drone-delivery programs take on increasing economic weight.

4 hours ago - Politics & Policy

Biden turns to experienced hands for White House economic team

Illustration: Sarah Grillo/Axios

Joe Biden plans to announce Cecilia Rouse and Brian Deese as part of his economic team and Neera Tanden to head the Office of Management and Budget, sources tell Axios.

Why it matters: These are experienced hands. Unveiling a diverse group of advisers also may draw attention away from a selection of Deese to run the National Economic Council. Some progressives have criticized his work at BlackRock, the world's largest asset management firm.

Biden taps former Obama communications director for press secretary

Photo: Mark Makela/Getty Images

Jen Psaki, who previously served as Obama's communications director, will serve as President-elect Joe Biden's press secretary, the transition team announced Sunday.

The big picture: All of the top aides in Biden's communication staff will be women, per the Washington Post, which first reported Psaki's appointment.