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.
Payer
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.
Urgent care owners, operators, physicians and staff, take note: payers across the country are increasingly requiring certification or accreditation before contracting or as a requirement to remain in-network.
Ninety percent of California health plans reviewed by the state did not accurately report which physicians were in-network in 2015, Kaiser Health News reported Monday.
Bloomfield, Conn.-based Cigna is poised to gain a $1.85 billion breakup fee after a U.S. District Court decided to block Anthem's proposed $54 billion acquisition of Cigna, according to The New York Times.
U.S. District Judge Amy Berman Jackson ruled in favor of the Justice Department and stopped Indianapolis-based Anthem's proposed $54 billion acquisition of Bloomfield, Conn.-based Cigna Wednesday.
