Speaking at a Wall Street Journal conference, Aetna CEO Mark Bertolini said the ACA exchanges are "in a death spiral."
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CMS issued proposed regulations Wednesday to stabilize the individual and small group health insurance markets.
Indianapolis-based Anthem filed a lawsuit Wednesday against Bloomfield, Conn.-based Cigna in an attempt to block Cigna from terminating their proposed $54 billion merger agreement.
Brazil's richest healthcare billionaire and UnitedHealth Group's largest individual shareholder worth $3.1 billion died Tuesday at the age of 73, according to a Reuters report.
Louisville, Ky.-based Humana plans to no longer provide individual products through ACA exchanges effective Jan. 1, 2018. The insurer cited an unbalanced risk pool as the reason for its departure.
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Durham, N.C.-based Blue Cross and Blue Shield of North Carolina President and CEO Brad Wilson will retire later this year.
Bloomfield, Conn.-based Cigna terminated its merger agreement with Indianapolis-based Anthem and filed a lawsuit against the insurer for roughly $14.85 billion.
Hartford, Conn.-based Aetna will cover genetic screening and noninvasive prenatal testing from NxGen MDx, based in Grand Rapids, Mich.
Colorado Attorney General Cynthia Coffman approved the sale of Grand Junction, Colo.-based Rocky Mountain Health Plans to Minnetonka, Minn.-based UnitedHealthcare for about $36 million, The Denver Post reports.
Hartford, Conn.-based Aetna and Louisville, Ky.-based Humana mutually terminated their $37 billion merger agreement following a U.S. District Court's decision to block the proposed deal over antitrust concerns.