Indianapolis-based Anthem plans to withdraw 16 of 19 pricing regions of California's ACA exchange, leaving about 60,000 Covered California customers with one insurer choice for 2018, according to a California Healthline report.
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Innovation Health CEO Dave Notari is leaving the role "to pursue other opportunities," effective immediately.
Counselors nationwide that help people enroll in insurance coverage on the ACA marketplace are starting their efforts earlier than usual this year, reports The New York Times.
Three of the five major commercial payers saw their stock prices rise last week.
Blue Cross and Blue Shield of North Carolina in Durham removed Asheville, N.C.-based Mission Health System providers from its online directory ahead of a looming Oct. 5 contract deadline, the health system reported.
CMS projects two U.S. counties will have no payers offering coverage on ACA marketplaces in 2018.
The following payers made headlines this week, beginning with the most recent.
Minuteman Health, a Boston-based nonprofit health insurer, lacks funds to complete a proposed transition to a for-profit entity and sell insurance on 2018 ACA marketplaces, The Boston Globe reports.
Two of the health insurance industry's biggest names — Aetna CEO Mark Bertolini and Anthem CEO Joseph Swedish — condemned the white supremacist protest in Charlottesville, Va., and President Donald Trump's following rhetoric Wednesday.
New York City-based health plan startup Oscar posted a $57.6 million loss in the first half of fiscal year 2017, narrowing its $83 million loss recorded in the same period a year prior, Bloomberg reports.