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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. 

Portland, Ore.-based Oregon's Health Co-op went into receivership status Friday and will close its doors — leaving 23,000 uninsured — in light of $900,000 it owes under the Affordable Care Act's Risk Adjustment Program and other high medical loss ratios.

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Hartford, Conn.-based Aetna executives spoke with the U.S. Department of Justice Friday to assuage antitrust regulators who could oppose its pending acquisition of Louisville, Ky.-based Humana, an insider told Reuters.

Health insurers — including Tampa, Fla.-based WellCare Health Plans and St. Louis-based Centene — made offers on the Medicare Advantage assets Aetna will divest to help tilt regulatory approval of its $37 billion acquisition of Humana, an insider told Bloomberg.

Access to providers and accuracy of information about provider networks is lacking for some health plans sold through Covered California and in the private market, according to a new study published in Health Affairs.

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