CMS released its proposed changes Wednesday for the Medicare Advantage and Part D Prescription Drug Programs for 2018.
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Bloomfield, Conn.-based Cigna recorded a total revenue of $9.9 billion in the fourth quarter of fiscal year 2016, up 4.4 percent from $9.5 billion during the same period last year.
Minnetonka, Minn.-based Medica restored its health plans on Minnesota's health insurance exchange in 62 counties following the installment of a one-week special enrollment period, the Star Tribune reports.
Minnetonka, Minn.-based UnitedHealthcare chose Christopher Abbott as CEO of its Medicare and retirement business in Okalahoma and Texas, D CEO Healthcare reports.
Indianapolis-based Anthem reported an adjusted net income of $473.2 million in the fourth quarter of this year, a year-over-year increase of 54.7 percent from $305.8 million.
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Colorado lawmakers are battling over the future of the state's health exchange Connect for Health Colorado, reports Colorado Public Radio.
The chairman and CEO of Hartford, Conn.-based Aetna said he is talking with legislators and is optimistic the potential ACA replacement plan will usher in the "next wave of healthcare reform" focusing on quality and affordability, Journal Sentinel reports.
While lawmakers wage efforts to repeal and replace the ACA, health insurers are questioning what a replacement will look like — leaving many with limited strategies, such as sustaining their ACA exchange operations or completely exiting the market, Bloomberg reports.
Eagan, Minn.-based Blue Cross and Blue Shield of Minnesota reached a separate contract with each of Integrity Health Network's 20 affiliated clinics, avoiding the clinics' scheduled Feb. 1 exit from the insurer's provider network.
Minnetonka, Minn.-based UnitedHealthcare is looking to hire 110 full-time customer service and claims representatives in Ulster, N.Y., and 160 in Oldsmar, Fla.