Nationwide, health insurers have paid about $2.5 billion in premium rebates to members under the ACA's medical loss ratio requirement, according to data from CMS.
Payer
UnitedHealthcare didn't violate federal or state parity laws in denying coverage for out-of-state mental health services sought by one of its members, an appellate court said in a Nov. 9 opinion.
Some hospitals in Georgia will no longer contract with Anthem Blue Cross Blue Shield of Georgia's ACA marketplace plans, according to WALB 10 News.
The University of Texas Medical Branch Health is ending its contract with Aetna next spring, according to the Houston Chronicle.
CMS issued its 2020 Medicaid and Children's Health Insurance Program Managed Care final rule Nov. 9.
President-elect Joe Biden may have trouble implementing a key part of his healthcare plan: a public option.
Renton, Wash.-based Providence agreed to join Anthem Blue Cross' Vivity Health Plan as a joint venture partner, effective Nov. 1.
Bruce Broussard, the president and CEO of Humana, sold nearly $30 million in shares, according to Analyst Ratings and a Nov. 6 filing with the Securities and Exchange Commission.
In the days between when polls for the 2020 election closed and former Vice President Joe Biden was named the president-elect, health insurance stocks were largely unaffected by the uncertainty. In fact, many health insurance stocks saw big gains.
On Feb. 1, Karen Lynch, executive vice president of CVS Health's Aetna insurance unit, will succeed Larry Merlo as CVS' president and CEO.
