The North Carolina Department of Insurance has officially vowed to investigate Blue Cross and Blue Shield of North Carolina, according to WNCN.com.
The Latest
The following insurers made headlines this week. They are listed below, beginning with the most recent.
Richmond, Va.-based Patient First — the state's largest provider of urgent and primary care — is no longer accepting a number of Anthem plans, according to WTVR.com.
Although numerous health insurers — including Hartford, Conn.-based Aetna — have expressed financial concerns over the Affordable Care Act exchanges, Cigna's CFO has gone against the grain, according to the Hartford Courant.
Blue Cross and Blue Shield of North Carolina may leave the Affordable Care Act market in 2017 if it continues to lose money, CEO Brad Wilson said, according to a report from The News & Observer.
Louisville, Ky.-based Humana has released its 2015 fourth quarter earnings — which were in line with the company's initial predictions — in conjunction with its projections for fiscal year 2016.
For the third fiscal year in a row, North Carolina's Medicaid program is set to come in under budget, according to WRAL.com.
As the U.S. Department of Justice reviews Hartford, Conn.-based Aetna's proposed acquisition of Louisville, Ky.-based Humana, the Kentucky insurance commissioner has approved the merger without a formal public hearing, according to Insider Louisville.
East Hills, N.Y.-based CareConnect — Great Neck, N.Y.-based Northwell Health's subsidiary health insurance plan — enrolled 91,193 members this year, up from 26,567 last year, according to Crain's New York Business.
Molina Healthcare saw its revenue increase in 2015, as the health insurer benefited from enrollment growth.