Presidential candidate Hillary Clinton is raising objections to health insurer mega-mergers, saying she has "serious concerns" about the proposed mergers between Anthem and Cigna and between Aetna and Humana, according to The Hill.
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San Mateo, Calif.-based health insurance and software startup Collective Health closed an $81 million Series C funding round Tuesday, including investors Google Ventures, NEA and Founders Fund.
Four insurance giants — Aetna, Blue Cross & Blue Shield of Illinois, Humana and UnitedHealthcare — are returning to the Illinois health insurance exchange this year, according to Crain's Chicago Business.
Aetna's proposed $37 billion acquisition of Humana was approved by shareholders of both companies on Monday, according to Reuters.
Eight of the original insurance co-ops formed under the Affordable Care Act have shut down this year.
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Duluth, Minn.-based Essentia Health and UCare have partnered on a new health plan for Minnesota residents. The new plan, called Essentia Care, is a Preferred Provider Organization Medicare Advantage Plan.
New York-based Oscar Health, a young insurance company, provides a mobile app for clients fully equipped with unique "click and appointments" options, according to the L.A. Times.
Blue Cross and Blue Shield of Illinois, the state's largest health insurer, and Downers Grove-based Advocate Health Care, the largest health system in Illinois, have created a new health plan.
UnitedHealth Group's revenue increased by 27 percent in the third quarter, to $41.5 billion from $32.8 billion last year, according to a MarketWatch report.
Hartford, Conn.-based Cigna is pulling its Florida plans from the federal health insurance marketplace, according to Health News Florida.