Iowa insurance commissioner Nick Gerhart has filed suit against HHS and CMS, alleging federal health officials are withholding $20 million owed to a failed Iowa health insurance co-op, reports Insurance Journal.
The Latest
Health insurers have been making it big in the news as of late. From premium hikes to departures from state Affordable Care Act exchanges, announcements from payers have been plentiful.
The Campaign for Consumer Choice vehemently opposes the health insurance industry's mega-mergers. But its funding comes from an unlikely source: the hospital industry, according to STAT.
A new bill requesting equal insurance coverage of oral and intravenous chemotherapy drugs has passed in the Michigan Senate, according to Crain's Detroit Business.
Clover Health, a San Francisco-based health insurance startup, has obtained $160 million in Series C venture funding, setting its total raised in venture funding at almost $300 million, according to the San Francisco Business Times.
Antitrust approvals for the $48 billion proposed merger between Anthem and Cigna could be delayed or derailed by squabbles between the two insurers, according to a series of letters reviewed by The Wall Street Journal.
Premera Blue Cross has reported a whopping $117.5 million loss on individual health plans in 2015, reports Puget Sound Business Journal.
The Idaho Department of Insurance wants insurers to let some charities pay costs and premiums for people who lack the money to pay premiums, co-payments and other out-of-pocket expenses, reports Idaho Statesman.
Cigna provided details Thursday on a plan to help curb the opioid problem in the United States. A major element of Cigna's efforts is a plan to decrease the use of opioids by 25 percent among the health insurer's own…
The following insurers made headlines this week. They are listed below, beginning with the most recent.