Multiple Missouri healthcare leaders sent a letter to the state's insurance director asking her to consider the legality of a new policy from Anthem that makes patients liable to pay the entirety of their emergency room bill if the payer…
Payer
The health insurance industry's five largest payers reported solid earnings for the three months ended June 30 in fiscal year 2017.
Bloomfield, Conn.-based Cigna reported net income of $813 million in the second quarter of fiscal year 2017, representing a year-over-year 59.4 percent increase from $510 million in the same period last year.
Three investors — Annapolis, Md.-based Anne Arundel Health System, Baltimore-based LifeBridge Health and JARS Health Investments — ditched plans to acquire Baltimore-based Evergreen Health plan last month, The Baltimore Sun reports.
Fast enrollment, fast reimbursement—that’s the name of the game for quickly earning revenue after joining a new health plan.
Rhode Island adopted a new law that requires private insurers to cover fertility preservation for patients who undergo medical treatments that often result in infertility, according to the Providence Journal.
The following payers made headlines this week, beginning with the most recent.
Long Beach, Calif.-based Molina Healthcare recorded a $230 million net loss in the second quarter of fiscal year 2017, compared to a net profit of $33 million in the same period last year.
Jim Wadleigh, CEO of Connecticut's health insurance exchange Access Health CT, warned his agency's board of directors that the only two insurers still selling plans on their marketplace could leave next year, according to the Hartford Courant.
Hartford, Conn.-based Aetna saw revenue decrease in the second quarter of fiscal year 2017, but lower operating expenses fueled a year-over-year surge in net income.
