Author: Staff

Durham, N.C.-based Blue Cross and Blue Shield of North Carolina President and CEO Brad Wilson will retire later this year.

Bloomfield, Conn.-based Cigna terminated its merger agreement with Indianapolis-based Anthem and filed a lawsuit against the insurer for roughly $14.85 billion.

Hartford, Conn.-based Aetna will cover genetic screening and noninvasive prenatal testing from NxGen MDx, based in Grand Rapids, Mich.

Colorado Attorney General Cynthia Coffman approved the sale of Grand Junction, Colo.-based Rocky Mountain Health Plans to Minnetonka, Minn.-based UnitedHealthcare for about $36 million, The Denver Post reports.

Hartford, Conn.-based Aetna and Louisville, Ky.-based Humana mutually terminated their $37 billion merger agreement following a U.S. District Court's decision to block the proposed deal over antitrust concerns.

Ninety percent of California health plans reviewed by the state did not accurately report which physicians were in-network in 2015, Kaiser Health News reported Monday.

Bloomfield, Conn.-based Cigna is poised to gain a $1.85 billion breakup fee after a U.S. District Court decided to block Anthem's proposed $54 billion acquisition of Cigna, according to The New York Times.

U.S. District Judge Amy Berman Jackson ruled in favor of the Justice Department and stopped Indianapolis-based Anthem's proposed $54 billion acquisition of Bloomfield, Conn.-based Cigna Wednesday.

Humana's decision to lay off roughly 500 employees struck a chord with Becker's Hospital Review payer issues readers this week.

A U.S. Court of Federal Claims ruled the government must pay $214 million to Portland, Ore.-based health insurer Moda Health under the ACA's risk corridors program.