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Author: Rylee Wilson

Medical cost ratios across six major payers rose an average of just under 1 percent year over year, according to companies' second-quarter earnings reports. 

The end of a reinsurance program that covered some of the costliest claims for payers is coming to an end, driving up premiums in the state, the Richmond Times-Dispatch reported Aug. 9. 

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ACA premiums are likely to rise in 2024, with most insurers proposing rate increases of between 2 and 10 percent, according to data from the KFF-Petersen Health System tracker. 

Oscar Health posted a $15.4 million loss in the second quarter of 2022, down from a $112.1 million loss in the same period last year, according to the company's earnings report published Aug. 8. 

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