Payers warn that a tipping point looms on the Affordable Care Act marketplaces — they say rapid losses will soon force them to drop out unless they can secure approval for higher premiums, according to The Hill.
Payer
Johnson City, Tenn.-based Mountain States Health Alliance confirmed Wednesday it will shut down CrestPoint Health, the health system's insurance plan operated by its subsidiary Integrated Solutions Health Network, reports WJHL.
Louisville, Ky.-based Humana's wellness and rewards program, currently known as HumanaVitality, will be renamed Go365.
A frustrated Blue Cross Blue Shield of Texas said it will cut network ties with all medical facilities in Texas run by Nashville, Tenn.-based Hospital Corporation of America starting May 1, should the parties fail to successfully resolve contract negotiations,…
California has proposed legislation that formally requests the federal government allow undocumented immigrants to purchase health insurance through a state exchange, according to a Los Angeles Times report.
Louisville, Ky-based Humana has informed thousands of Texans it won't cover their allergy medication because it isn't FDA approved. The problem? It is, according to the Austin American Statesman.
The following insurers made headlines this week. They are listed below, beginning with the most recent.
For health plans serving the individual market, the Affordable Care Act's risk adjustment program generally worked as intended to shift funds from insurers with low-cost enrollees to plans with high-cost enrollees in its first year, according to a report by…
Last summer, Hartford, Conn.-based Aetna inked a $37 billion deal to acquire Louisville, Ky.-based Humana. The deal is expected to go through this year, but Aetna's CEO and other top executives are already reaping the benefits, according to Louisville Business First.
An insurance plan designed to provide coverage to low-income families has changed its contract, which will result in restricted access to specialists at Boston Children's Hospital, according to the Boston Globe.
