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.
Payer
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…
Hartford, Conn.-based Aetna received one of the final state sign-offs for its $37 billion acquisition of Louisville, Ky.-based Humana Monday after New York's insurance regulator granted conditional approval, an insider told Bloomberg.
As the Department of Justice's decisions on the Aetna-Humana and Anthem-Cigna deals loom, one Connecticut senator is hoping to persuade the insurers to remain in the state, according to The CT Mirror.
Effective December 31, Albuquerque, N.M.-based Presbyterian Health Plan will no longer offer individual health plans on the Affordable Care Act exchange, reports Santa Fe New Mexican.
The Michigan Department of Insurance and Financial Services announced health insurers' proposed premium rate increases for 2017, with some requesting up to 39.2 percent, the Detroit Free Press reported.
The Commissioner of Securities and Insurance in Montana released proposed 2017 premium rate changes from insurers selling plans on the federal marketplace that could raise premiums up to 62 percent, the Independent Record reported.
