Blue Cross and Blue Shield of North Carolina plans to send rebates to about 700,000 members after its administrative and other costs surpassed an ACA cap, according to The Coastland Times.
Payer
While House Speaker Nancy Pelosi, D-Calif., didn't outright dismiss the possibility of a single-payer health plan in an interview with Rolling Stone, she questioned how the proposal would be paid for, according to The Hill.
An additional 4.2 million Americans would be able to obtain individual health plans, and their premiums would be about 33 percent lower on average, under a new Blue Cross Blue Shield Association proposal.
Pittsburgh-based UPMC said its health plan now has more Medicare Advantage members than Pittsburgh-based rival Highmark, according to Trib Live.
Here are six articles recently published by Becker's Hospital Review on national and state news concerning Medicaid.
In the highly-competitive insurance industry, payers are constantly tasked with finding new ways to differentiate themselves from their competition. An often-overlooked opportunity to stand out among the crowd is the provider data management and the credentialing process.
Health insurers selling plans on HealthCare.gov denied 17 percent of in-network claims on average during the 2016 plan year, according a Kaiser Family Foundation analysis.
Humana President and CEO Bruce Broussard recently moved to sell $7.5 million worth of stock, according to a Feb. 22 filing with the Securities and Exchange Commission.
Healthcare stock declines are being led by losses in the health insurance sector after Democrats introduced a new "Medicare for All" bill that would replace private health plans with a government option, according to Bloomberg.
Rep. Pramila Jayapal, D-Wash., is the latest Democrat to unveil a bill aimed at instating a "Medicare for All" health insurance system, according to NBC News.
