From Health Plan Week - Wal-Mart Stores, Inc. on Oct. 6 unveiled a program that calls for brokers affiliated with Tranzact subsidiary DirectHealth.com to offer 2015 individual plans on and off public exchanges and Medicare plans at 2,700 of its 4,311 U.S. stores, on the phone or online. The retailer is already active in the sector, via deals with carriers like Humana Inc. and their co-branded Humana-Walmart Medicare Prescription Drug Plans (HPW 2/17/14, p. 8). But this new venture deepens its ties, and is a bid to outpace CVS Health and Walgreen Co. Read more
From Health Plan Week - Globetrotting Americans may be falling through the cracks of the Affordable Care Act, says GeoBlue, which on Sept. 30 hit the market with its new Xplorer Select plan that allows U.S. expatriates and mobile world travelers living stateside in stretches to buy coverage that fulfills the ACA’s individual mandate requirements. This new product is an example of how health plans are seeking fatter margin businesses by serving Americans living overseas… Read more
From The AIS Report on Blue Cross and Blue Shield Plans - In terms of market share, Blue Cross and Blue Shield plans owned public insurance exchanges this year. But when the next open-enrollment period kicks off on Nov. 15, they will face a wave of new competitors ranging from small Consumer Operated and Oriented Plans (CO-OPs) expanding into new markets, to national health plan operators that largely sat on the sidelines last year. And incumbent carriers that priced products conservatively last… Read more
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