Cigna is losing money on its Affordable Care Act marketplace plans, but the Bloomfield, Conn.-based insurer remains committed and is not considering pulling out of the exchanges, unlike UnitedHealthcare.
Payer
Payers and healthcare providers were traditionally seen as having conflicting goals — payers wanted to cut expenses, while providers wanted to provide quality care regardless of cost. However, as the healthcare industry evolves and implements outcomes-based payment models, health insurers…
By 2018, Blue Cross Blue Shield of Michigan will cut $300 million in costs, according to Crain's Detroit Business.
University of Iowa Hospitals and Clinics in Iowa City, UnityPoint Health in Des Moines, Iowa, and Genesis Health System in Davenport, Iowa, have agreed to Medicaid managed care contracts, according to office of Gov. Terry Branstad.
Shareholders of Anthem and Cigna overwhelmingly approved the merger of the two health plans during a special shareholder meeting on Thursday.
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Kentucky's Republican senate leaders said they will not prevent the $250 million in state funding needed to pay for the state's Medicaid expansion program, according to The Associated Press.
Last month, New York-based insurer Oscar Health sent a letter that notified brokers of adjusted commission rates beginning in February, according to Crain's New York Business.
The following insurers made headlines in the past two weeks. They are listed below, beginning with the most recent.
After Montana became the 30th state to expand Medicaid in November, it has seen a surge in the number of enrollees signing up, according to KTVQ.com.
The Department of Justice and the Federal Trade Commission's evaluation of three proposed mergers between health insurers — Aetna-Humana, Anthem-Cigna and Centene-Health Net — has left many considering the deals' potential implications.