Only seven of the original 23 health insurance co-ops created through the Affordable Care Act will offer plans during the fourth enrollment season this fall, according to Kaiser Health News.
The Latest
The following insurers made headlines this week. They are listed below, beginning with the most recent.
Renton, Wash.-based Providence Health & Services will not renew its contract with Mountlake Terrace, Wash.-based Premera Blue Cross after disputing rates and other terms.
Cheyenne-based Blue Cross Blue Shield of Wyoming, the only health insurer in the state offering plans on the 2017 federal exchange, is seeking rate increases averaging 7 percent, the Casper Star Tribune reported.
Five health insurers have sued the federal government since February to recoup payments owed under the Affordable Care Act's risk corridor program. Now, several other insurers are framing up their lawsuits over the ACA program, according to The Hill.
Kaiser Foundation Health Plan of the Northwest and BlueCross BlueShield of Oregon stand to receive large sums under the federal risk adjustment program, reports Portland Business Journal.
Cambridge, Mass.-based Metamark Genetics partnered with San Antonio-based Blue Cross Blue Shield of Texas, extending its urology diagnostics to policyholders.
Chicago-based Land of Lincoln Health will be placed under state control and shut down — leaving 49,000 uninsured — in light of the $31.8 million it owes under the Affordable Care Act's Risk Adjustment program, the Chicago Tribune reported.
Providers and insurers are blaming one another for surprising patients with medical bills, The Wall Street Journal reported.
While 13 insurers in Ohio are requesting premium rate increases — some up to nearly 40 percent — for 2017, subsidies offered through the Affordable Care Act will offset the hikes for a majority of marketplace consumers, Dayton Daily News…