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.
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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.
High-cost claimants who purchased health insurance through their employer were the No. 1 driver of healthcare costs, according to a new study by the American Health Policy Institute and Leavitt Partners.
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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.
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.
A recent report from HHS says Americans living in rural parts of the country are gaining health insurance under the Affordable Care Act at higher rates than their urban counterparts.
The uninsured rate among U.S. adults has remained at an all-time low of 11 percent in the second quarter of 2016, according to the latest Gallup survey.