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June 20, 2017

Hot Topic

Here’s a look at Centene Corp.’s exchange experience, which led the insurer to say it would expand exchange offerings in 2018:

Anthem, Others Report Strong 1Q Results Amid ‘Disruption on Multiple Fronts’
Amid a flurry of strong first-quarter earnings results for several managed care companies, Anthem Inc. also beat Wall Street’s expectations....
From Health Plan Week

Death of Merger Mania Gives Way to New Reality for Health Plans’ Growth Strategies
With Aetna’s deal to buy Humana dead and Anthem and Cigna waging a court battle over their failed merger, health plan industry watchers say it’s safe to presume the four companies are drawing up new growth strategies...
From Health Plan Week

4Q 2016 Earnings for Centene, Humana, WellCare Indicate Growth
Centene Corp. ended 2016 with 11.4 million members — up 6.3 million members, or 124%, from the end of 2015...
From Health Plan Week

Today's AIS Health Datapoint

716,736 ... is the number of commercial lives Blue Cross and Blue Shield of Florida, Inc. gained in 2016. This represents the largest commercial gain across all Blues plans. The insurer now has 2,340,489 commercial members.

From THE AIS GUIDE TO BLUE CROSS AND BLUE SHIELD PLANS. (Not affiliated with the Blue Cross and Blue Shield Association or its member companies.)

Quote of the Day

“The market is still quite strong for new plan startups and shows no signs of slowing. While there has been significant consolidation of existing players, many provider organizations are evaluating the merits of either starting plans themselves or negotiating risk arrangements with current plans.”

— Stephen Wood, co-founder and managing partner of Clear View Solutions, LLC, tells Medicare Advantage News about the Medicare Advantage industry’s health.

Click here to read the MEDICARE ADVANTAGE NEWS article in which this quote appeared — "In Prepping 2018 Bids, Plan Sponsors Faced Risk Score, Drug Cost Uncertainties" (Free for MAN subscribers; $17 for non-subscribers.)


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