Minuteman Health, a Boston-based nonprofit health insurer, lacks funds to complete a proposed transition to a for-profit entity and sell insurance on 2018 ACA marketplaces, The Boston Globe reports.
Payer
Two of the health insurance industry's biggest names — Aetna CEO Mark Bertolini and Anthem CEO Joseph Swedish — condemned the white supremacist protest in Charlottesville, Va., and President Donald Trump's following rhetoric Wednesday.
New York City-based health plan startup Oscar posted a $57.6 million loss in the first half of fiscal year 2017, narrowing its $83 million loss recorded in the same period a year prior, Bloomberg reports.
Brad Wilson, president and CEO of Blue Cross and Blue Shield of North Carolina, wrote in a Citizen-Times column Asheville, N.C.-based Mission Health System has "100 percent control over what happens next" in an ongoing reimbursement rate clash.
David Wichmann, president of Minnetonka, Minn.-based UnitedHealth Group, will become CEO of the company Sept. 1 after Stephen Hemsley leaves the position.
The Congressional Budget Office and the Joint Committee on Taxation estimated how terminating the ACA's cost-sharing reduction payments — which help insurers subsidize the cost of coverage for low-income Americans — would affect the federal deficit and the individual health…
Minnetonka, Minn.-based UnitedHealthcare uses two types of value-based contracts, but Lee Newcomer, MD, senior vice president of oncology and genetics at the insurer, told AJMC one outperforms the other.
Chambersburg, Pa.-based Summit Health and Humana in Louisville, Ky., contracted to allow Humana's Medicare customers in-network access to Summit Health's facilities and providers.
Las Vegas-based SilverSummit Healthplan, a subsidiary of St. Louis-based Centene, will offer its Ambetter ACA marketplace product in Nevada next year, filling all counties lacking an individual exchange product.
The Texas Senate approved a controversial bill that restricts insurance coverage for women seeking abortions, according to the Texas Tribune.
