Author: Jakob Emerson

Blue Cross and Blue Shield of North Carolina has restructured to become a subsidiary of a new parent holding company, CuraCor Solutions.

At least seven Blue Cross Blue Shield companies reported a financial loss in 2024, citing rising medical utilization and drug costs. Seven BCBS plans reporting losses in 2024: BCBS Michigan reported an operating loss of $1.7 billion and an operating…

Dozens of health systems and other provider groups have filed new antitrust lawsuits against the Blue Cross Blue Shield Association and its 33 independent entities, alleging anticompetitive practices that led to suppressed payments to providers. 

Alignment Healthcare's membership grew more than 58% in 2024, driving the Medicare Advantage company to nearly 190,000 members.

Blue Cross Blue Shield of Michigan reported a loss of $1.02 billion on enterprise revenue of $40.6 billion in 2024, driven by rising utilization of expensive medical services and costs for prescription and specialty drugs.

Minnesota Gov. Tim Walz has proposed shifting the cost of managing the state's ACA reinsurance program from the state to private insurers, along with raising the state's tax on health maintenance organizations.

Excellus BlueCross BlueShield posted $25.6 million in net income for 2024, the Buffalo News reported March 3.

Highmark Western and Northeastern New York reported a net loss of $140 million in 2024, Buffalo Business First reported Feb. 28.

Maryland has sanctioned Medicaid managed care organization Priority Partners following the suspension of its health plan accreditation by the NCQA.

Ohio lawmakers have introduced a new bill that would offer a tax credit to small businesses that provide employees with individual coverage health reimbursement arrangements, or ICHRAs.