Indianapolis-based Anthem reported higher net income in the third quarter of fiscal year 2017 as revenues grew.
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At least 1.1 million fewer Americans will enroll in health plans on the ACA exchanges next year due to a 90 percent cut in advertising funds, according to a blog post by Joshua Peck, former chief marketing officer of HealthCare.gov.
Waltham, Mass.-based Devoted Health, a Medicare Advantage startup created by former athenahealth leaders, raised $62 million from investors, according to a Securities and Exchange Commission filing.
CMS has denied a section 1332 waiver application submitted by the state of Massachusetts, according to The Boston Globe.
Hartford, Conn.-based Aetna will spin off its U.S. group life and disability arm to The Hartford (Conn.), a property and casualty insurance firm, for $1.45 billion.
St. Louis-based Centene saw profits surpass analyst predictions as revenue increased in the third quarter of fiscal year 2017, Reuters reports.
Stigler, Okla.-based Haskell County Community Hospital said it will have to stop accepting Blue Cross and Blue Shield of Oklahoma policies as in-network if the insurer goes through with proposed rate cuts, The Oklahoman reports.
In 2016, there was little difference between average claims cost among individual, small and large group plans. However, individual market premiums remain lower than premiums in the small and large group markets, according to a Leavitt Partners analysis.
Auto-enrollment for individuals purchasing plans on the public health insurance exchanges will take place after open enrollment ends Dec. 15, according to The Washington Post.
Doug Ommen, Iowa's insurance commissioner, sent a letter to HHS and the Treasury department Monday announcing the state would withdraw its section 1332 waiver request, according to The Des Moines Register.