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Payer

A federal judge in Alabama has approved a final settlement of $2.67 billion with Blue Cross Blue Shield companies following a decade long legal battle over alleged anticompetitive behavior that negatively affected members, The Wall Street Journal reported Aug. 9.

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Since its founding in 2013, Orange, Calif.-based Alignment Healthcare has recorded double-digit growth annually and expanded from its home state to reach more than 8 million Medicare-eligible seniors in dozens of counties nationwide.

From continued expansions of Medicare Advantage plans across the country to Michigan forcing a payer to cease all operations, these are 11 recent moves by insurers to exit or enter markets:

Six individuals are suing Centene and its subsidiary Celtic Insurance for allegedly failing to pay for covered services and selling health plans on ACA marketplaces that have inaccurate provider networks, The Chicago Tribune reported Aug. 8.

Nonprofit Medicare Advantage insurer Senior Care Action Network Health Plan is planning to expand into two Texas counties next year, pending regulatory approval from CMS. 

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