Spotlight on Health Insurers
A weekly scan of actions taken by individual health plans

October 30, 2014

This week's topics: ExchangesHealth Plan Business


BCBSNC Increasing Rates by Double Digits
The Charlotte Observer, Oct. 27, 2014
Blue Cross and Blue Shield of North Carolina is increasing rates on the Affordable Care Act exchange by 13.5% on average.

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Health Plan Business

Cigna Tops Expectations in 3Q Results
Hartford Business, Oct. 30, 2014
Cigna Corp. beat street expectations in its third quarter earnings, reporting $1.95 earnings per share, above the forecast of $1.82. 
Highmark Plans to Open ‘Sleep Store’ in Pa.
Tribune-Review, Oct. 29, 2014
In December, Highmark Inc. will debut a store in Pennsylvania that will sell devices to treat sleep apnea.

Aetna and Coventry Health Achieve 4-Star Ratings
Aetna press release, Oct. 29, 2014
Aetna Inc. and its subsidiary Coventry Health Care achieved an average four-star rating for their Medicare Advantage plans, with 79% of their plans landing four stars.

WellPoint Ups Earnings Forecast
Forbes, Oct. 29, 2014
WellPoint, Inc. increased its 2014 earnings forecast to $8.75 to $8.85 earnings per share, the third time it has increased projections this year.

Centene Beats Street in 3Q Earnings
Reuters, Oct. 28, 2014
Centene Corp. reported earnings of $1.01 per share, up from estimates of $0.96 per share.

Aetna Bests 3Q Expectations, Raises 2014 Earnings Forecast
Hartford Courant, Oct. 28, 2014
Aetna reported earnings of $1.79 per share, beating street consensus of $1.58 per share.

La. Announces Medicaid Contract Winners
DHH press release, Oct. 24, 2014
Aetna, Amerigroup Louisiana, Inc., AmeriHealth Caritas Louisiana, Inc., Louisiana Healthcare Connections and United Healthcare were all awarded Medicaid contracts from the Louisiana Dept. of Health and Hospitals (DHH)

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Medicare Advantage News

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