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Payer

Blue Cross and Blue Shield of Alabama has downgraded UAB Hospital in Birmingham, Ala., from Tier 1 to Tier 2 status, citing new tier criteria focused on healthcare spending, reports Birmingham Business Journal.

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Certain insurers — like UnitedHealth and Humana — are dropping from the Affordable Care Act exchanges due to financial losses, and Blue Cross Blue Shield of North Carolina's CEO feels no differently, according to the Charlotte Business Journal.

Iowa insurance commissioner Nick Gerhart has filed suit against HHS and CMS, alleging federal health officials are withholding $20 million owed to a failed Iowa health insurance co-op, reports Insurance Journal.

Health insurers have been making it big in the news as of late. From premium hikes to departures from state Affordable Care Act exchanges, announcements from payers have been plentiful.

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