Montpelier-based Blue Cross Blue Shield of Vermont gained $3.5 million after a months-long reconciliation process to settle billing discrepancies through the state's exchange — Vermont Health Connect.
Payer
Minnetonka, Minn.-based UnitedHealth Group named Timothy Flynn to the company's board of directors.
The Congressional Budget Office estimated repealing the ACA's individual mandate, marketplace subsidies and expanded Medicaid eligibility while sustaining other insurance market reforms under the law would decrease health insurance coverage and increase premiums.
A California-run AIDS program is experiencing enrollment delays following a contract switch involving the program's enrollment and pharmacy benefits, reports California Healthline.
Substantial underpricing of health plans in the early years of the ACA marketplace likely led to large premium increases as payers tried to balance the cost of new enrollees, a recent Urban Institute study found.
Legislators in Minnesota's Senate approved a $300 million health insurance premium relief bill for residents who purchased individual health plans through the state's MNsure marketplace but are ineligible for government subsidies to offset premium hikes, Star Tribune reports.
How repeal of the ACA could affect contraceptive coverage most grabbed the attention of Becker’s Hospital Review payer issues readers this past week.
Blue Cross and Blue Shield of Louisiana President Steven Udvarhelyi, MD, said immediate repeal of the ACA would spur insurer exits from the state's individual market and destabilize it, reports The Town Talk.
At the JP Morgan Healthcare Conference in San Francisco last week, Cigna CEO David Cordani said the payer's ACA health plans made the most financial sense when they networked with ACOs, reports Hartford Courant.
Blue Cross Blue Shield and PacificSource Health Plans are opposing a bill that would regulate their payment disputes with air ambulance companies, arguing the legislation would require them to raise rates, reports Bozeman Daily Chronicle.
