Minnetonka, Minn.-based UnitedHealth Group named Valerie Montgomery Rice, MD, and Sir Andrew Witty to its board.
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Health insurance premiums could rise by 2.6 percent in 2018 and up to 2.7 percent in subsequent years with the reintroduction of the ACA's health insurance tax, according to an Oliver Wyman analysis.
Below are 23 payers proposing double-digit premium hikes for coverage offered on the ACA exchanges, based on data complied by the Kaiser Family Foundation.
The following payers made headlines this week, beginning with the most recent.
A large portion of payers selling coverage on the ACA exchanges next year are blaming proposed premium rate increases in part on policy uncertainty, according to a Kaiser Family Foundation report.
The Texas House of Representatives gave preliminary approval to a controversial bill Tuesday that requires women to pay an additional insurance premium if they want their health plan to cover non-emergency abortions, according to the Texas Tribune.
Four of the five major commercial payers saw their stock prices rise last week.
The future of cost-sharing reduction payments topped the minds of state officials congregating at the National Association of Insurance Commissioners' summer meeting in Philadelphia, The New York Times reports.
Peter Beilenson, MD, CEO of Baltimore-based insurer Evergreen Health, resigned Aug. 1, according to Baltimore Business Journal.
Durham, N.C.-based Blue Cross Blue Shield of North Carolina selected Patrick Conway, MD, a CMS official, to serve as president and CEO, effective Oct. 1.