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Payer

PPO plans on the Affordable Care Act marketplace declined significantly from 2015 to 2016, with 28 percent dropped and 39 percent reduced, according to a report from Robert Wood Johnson Foundation.

Chicago-based Blue Cross and Blue Shield of Illinois entered into an agreement with the Chicago-based University of Illinois Hospital & Health Sciences System to begin serving its UI Health Plus Members.

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Minnetonka, Minn.-based UnitedHealth Group is acquiring its 32nd hospital in Brazil for an estimated cost of approximately $350 million, according to the Minneapolis/St. Paul Business Journal.

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.

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