Twelve of the original 23 nonprofit health insurance co-ops formed under the Affordable Care Act have shut down since the beginning of 2014, according to The Washington Post.
Payer
The California Department of Managed Health Care has levied fines of $350,000 against Blue Shield of California and $250,000 against Anthem Blue Cross over inaccurate provider directories that overstated their physician networks during the rollout of Affordable Care Act coverage…
Woodland Hills, Calif.-based Health Net has reported a 2015 third quarter net income of $60.3 million, or $0.77 per diluted share.
The contract between Blue Cross and Blue Shield of North Carolina and Morehead City, N.C.-based Carteret Health Care will end Feb. 1, 2016, meaning Carteret will become out-of-network for BCBS consumers.
In Texas' Borden County, only a dozen people enrolled in health plans through the Affordable Care Act's marketplace exchange, according to Politico.
Although health insurers have seen their revenue rise under the Affordable Care Act, much of the growth they've experienced has been unprofitable, according to The Wall Street Journal.
The New York Times has created an interactive map outlining each state and county's uninsured rates.
As the big five health insurers aim to become the big three, mental health advocates are requesting regulators closely scrutinize the mega-mergers, according to The Washington Post.
A Blue Cross and Blue Shield of Louisiana program aimed at helping chronic diseases has cut costs by $25 per patient per month over the past two years, according to The Advocate.
Molina Healthcare saw its net income increase in the third quarter of fiscal year 2015, as the insurer benefited from premium revenue growth.
