The health insurance market has been working better for customers purchasing plans on their own since the ACA took effect — particularly for individuals with health problems, according to a Commonwealth Fund report.
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Three of America's largest health insurers — Aetna, Anthem and UnitedHealth Group — are on track to pay out nearly half of their reimbursements through value-based models, reports Forbes.
Bloomfield, Conn.-based Cigna has yet to determine whether to extend the deadline of its proposed $54 billion transaction with Indianapolis-based Anthem, the insurer said in a Securities and Exchange Commission filing.
CMS released its proposed changes Wednesday for the Medicare Advantage and Part D Prescription Drug Programs for 2018.
Bloomfield, Conn.-based Cigna recorded a total revenue of $9.9 billion in the fourth quarter of fiscal year 2016, up 4.4 percent from $9.5 billion during the same period last year.
Minnetonka, Minn.-based Medica restored its health plans on Minnesota's health insurance exchange in 62 counties following the installment of a one-week special enrollment period, the Star Tribune reports.
Minnetonka, Minn.-based UnitedHealthcare chose Christopher Abbott as CEO of its Medicare and retirement business in Okalahoma and Texas, D CEO Healthcare reports.
Indianapolis-based Anthem reported an adjusted net income of $473.2 million in the fourth quarter of this year, a year-over-year increase of 54.7 percent from $305.8 million.
Colorado lawmakers are battling over the future of the state's health exchange Connect for Health Colorado, reports Colorado Public Radio.
The chairman and CEO of Hartford, Conn.-based Aetna said he is talking with legislators and is optimistic the potential ACA replacement plan will usher in the "next wave of healthcare reform" focusing on quality and affordability, Journal Sentinel reports.