Cleveland Clinic-affiliated Ashtabula (Ohio) County Medical Center extended its agreement with Medicaid managed care plan Dayton, Ohio-based CareSource, despite a stalemate between Cleveland Clinic and the payer, according to a Star Beacon report.
Payer
The CEO of Baltimore-based CareFirst BlueCross BlueShield said an impasse with Annapolis, Md.-based Anne Arundel Medical Center revolves around a $1 million rate reduction on $200 million in annual reimbursement from the payer, Capital Gazette reports.
Steven Nelson, CEO of Minnetonka, Minn.-based UnitedHealth Group's UnitedHealthcare insurance arm, said an opportunity exists "to further advance the penetration" of Medicare Advantage, according to a Forbes report.
Jeff Ricketts succeeded Burke King as the president of Richmond-based Anthem Blue Cross and Blue Shield in Virginia, The Roanoke Times reports.
Louisville, Ky.-based Humana plans to hire roughly 500 seasonal workers to staff its 2018 Medicare Advantage enrollment, WDRB reports.
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Policyholders affected by a looming contract termination between Asheville, N.C.-based Mission Health System and Durham-based Blue Cross and Blue Shield of North Carolina can receive in-network care at Park Ridge Health in Hendersonville, N.C.
HHS says a proposal from Sen. Ted Cruz, R-Texas, to the Senate healthcare bill — which allows health insurers to sell non-ACA compliant coverage — could significantly reduce premiums for some ACA exchange enrollees by 2020, Politico reports.
Edgewood, Ky.-based St. Elizabeth Healthcare and Lexington, Ky.-based WellCare, a Medicaid and Medicare managed care insurer, entered into a value-based care contract to improve health outcomes of Medicaid and Medicare beneficiaries.
The following payers made headlines this week, beginning with the most recent.
The failure of Senate Republicans' healthcare bill creates greater uncertainty for insurers, especially in regard to the future of cost-sharing reductions that help insurers subsidize the cost of coverage for low-income Americans, according to Fitch Ratings.