Anthem Blue Cross in California requested a 35 percent premium rate increase for its 2018 ACA exchange plans, citing a significant increase in prescription drug use, Kaiser Health News reports.
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All five major commercial payers saw their stock prices fall last week.
The federal health insurance exchange will be shut down for 12 hours during every Sunday in the approaching open enrollment period except one, Kaiser Health News reports.
Abilene, Texas-based Hendrick Health System is disputing its contract with BlueCross BlueShield of Texas in Richardson, Abilene Reporter-News reports.
Ride share company Lyft and the University of Southern California in Los Angeles received $1 million from the AARP Foundation, part of a $6 million grant from UnitedHealth Group, to pilot a senior transportation program, CNBC reports.
The following payers made headlines this week, beginning with the most recent.
Chicago-based Cook County Health & Hospitals System is buying a significant portion of Family Health Network's Medicaid business in Illinois, according to Crain's Chicago Business.
Humana intends to hire 50 enrollment specialists to staff its Tricare military health plan operations at its Louisville, Ky., headquarters, according to a Louisville Business First report.
Sept. 20 is the deadline for health insurers selling individual policies on the ACA's individual marketplace to file finalized premium rates with CMS.
Indianapolis-based Anthem inked an agreement to acquire HealthSun, a Medicare Advantage health plan in Coconut Grove, Fla.