From The AIS Report on Blue Cross and Blue Shield Plans - As national health insurers pull up stakes and walk away from the public exchanges, two Blues plans have decided to join them. Blues plans that remain in the exchanges could continue to lose money in the year ahead, but industry observers expect the market will begin to stabilize in 2017. Read more
From Health Plan Week - Action heated up in the pre-trial proceedings for the Dept. of Justice’s (DOJ) lawsuits against Aetna Inc.’s proposed purchase of Humana Inc. (U.S. v. Aetna, Case No. 1:16-cv-01494) and the seemingly more contentious Anthem, Inc. bid for Cigna Corp. (U.S. v. Anthem, Case 1:16-cv-01493). Amid maneuvering by the DOJ and the insurers, and the government dropping one of the four pillars of its objections to the Anthem-Cigna deal, industry observers… Read more
From Health Plan Week - To say the woes of the Affordable Care Act (ACA) exchanges have caught the attention of the Obama administration is safe given the president himself attended a White House meeting on Sept. 12 with health plans worried about the situation. The session was one development of many concerning the floundering marketplaces, with more carriers declaring themselves in or out — or in the case of ConnectiCare in Connecticut, out then… Read more
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