Payer

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.

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.

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.