Indianapolis-based Anthem will pull its products from the ACA marketplace in Virginia next year and scale back its offerings in Washington and Scott counties, as well as Bristol, Va., for 2018, according to a Forbes report.
Payer
The Trump administration pushed back the deadline for insurers to file final rates for 2018 ACA exchange plans in most states until Sept. 5, AHA News reports.
Three of the five major commercial payers saw their stock prices fall last week.
Hartford, Conn.-based Aetna concluded a public offering of $1 billion in senior notes Aug. 10.
Annapolis, Md.-based Anne Arundel Medical Center and CareFirst BlueCross BlueShield in Baltimore inked a three-year in-network contract Aug. 4.
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Amid a rate negotiation deadlock, Asheville, N.C.-based Mission Health System offered to continue in-network recognition of Blue Cross Blue Shield of North Carolina's ACA exchange policyholders Thursday; however, BCBSNC quickly rejected the proposal.
For the third year in a row, Oakland, Calif.-based Kaiser Permanente topped J.D. Power's Medicare Advantage plan rankings for member satisfaction.
Minnetonka, Minn.-based UnitedHealth Group named Valerie Montgomery Rice, MD, and Sir Andrew Witty to its board.
Health insurance premiums could rise by 2.6 percent in 2018 and up to 2.7 percent in subsequent years with the reintroduction of the ACA's health insurance tax, according to an Oliver Wyman analysis.
Below are 23 payers proposing double-digit premium hikes for coverage offered on the ACA exchanges, based on data complied by the Kaiser Family Foundation.