Although 12.7 million people signed up for health insurance under the Affordable Care Act in 2016, tens of millions of individuals are still going without healthcare coverage, according to The Hill.
Payer
NC state insurance commissioner: BCBS failure is 'an emergency that's nowhere near being stabilized'
Blue Cross and Blue Shield of North Carolina experienced systematic problems throughout the month of January, and North Carolina insurance commissioner Wayne Goodwin says the problem is far from being fixed, according to ABC11.
Open enrollment ended Jan. 31, and HHS has recently revealed how many consumers signed up for coverage: approximately 12.7 million.
Bloomfield, Conn.-based health insurer Cigna has reported its fiscal year 2015 fourth quarter results, as well as its results for the full year.
New York City-based Empire BlueCross BlueShield has cut its insurance broker commissions, meaning it won't pay brokers to sign members up for its plans, according to Crain's New York Business.
The following insurers made headlines this week. They are listed below, beginning with the most recent.
After cutting ties in December, Chicago-based Community Healthcare System and Anthem Blue Cross Blue Shield confirmed reaching a multi-year contract agreement Wednesday, reports Chicago Tribune.
Officials with Blue Cross Blue Shield of Alabama have upped their estimated amount in financial losses from $109 to $135 million for 2015, owing to the increased cost of insuring less healthy patients, reports AL.com.
There's only one individual health insurer left in Alaska: Premera Alaska. The penultimate insurer left standing, Moda Health, withdrew from the market last week. Now it's up to Premera to save Alaska's individual market, according to Alaska Public Media.
Numerous health insurers have recently outlined concerns about the Affordable Care Act exchanges. But the executive director of California's marketplace said UnitedHealth Group should take responsibility and stop assigning blame to the federal law, according to NPR.
