Blue Cross Blue Shield of New Mexico will pull out of New Mexico's state health exchange for 2016, according to Las Cruces Sun-News.
Payer
The following insurers made headlines this week. They are listed below, beginning with the most recent.
Cigna and Aetna are bringing on lobbying groups to help them navigate their respective mergers, according to The Hill.
The Nevada Health CO-OP, a nonprofit health insurance option offered on the Nevada exchange, announced Wednesday it will close on Jan. 1, 2016 due to challenging market conditions. The board voted to continue operations through the end of the year…
Despite rising concerns over insurance mega-mergers, some industry experts are urging consumers to look at the benefits of consolidation.
Approximately 97 percent of the markets of insurance companies offering private Medicare Advantage plans in 2012 were "highly concentrated," according to a report from the Commonwealth Fund.
Detroit-based United Auto Workers has plans to overhaul healthcare for autoworkers through an independent co-op that experts are saying could be difficult to pull off, according to The Detroit Free Press.
The biggest insurers in the health insurance marketplace raised premiums an average of 75 percent more this year than smaller insurers in each state, according to a study in the Harvard Journal of Technology Science.
The following insurers made headlines this week. They are listed below, beginning with the most recent.
Flint-based HealthPlus of Michigan, an HMO under state supervision since March for financial losses, expects to complete its turnaround next month when it closes the sale of its Medicaid plan to Troy-based Molina Healthcare of Michigan, according to Crain's Detroit Business.
