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EmblemHealth's dramatic turnaround fueled by big real estate sale

By Jonathan LaMantia, Crain's New York Business  |  March 03, 2017

On paper, EmblemHealth swung dramatically into the black in 2016, the first full year under CEO Karen Ignagni, after nearly $600 million in losses in the previous two years. But that turnaround was driven almost entirely by the sale of its New York City office building for $330 million.

Trump, GOP sweep may disrupt every corner of health insurance market

Trump, GOP sweep may disrupt every corner of health insurance market

By Bob Herman  |  November 09, 2016

Republican Donald Trump's presidency is primed to upend every corner of the health insurance industry that has spent the past six years acclimating to the rules of Obamacare. That shift will spill over to Americans with practically any type of coverage.

ConnectiCare does about-face, will stay on state exchange

ConnectiCare does about-face, will stay on state exchange

By Erica Teichert  |  September 17, 2016

ConnectiCare said it discussed its planned departure with state regulators and its beneficiaries and ultimately decided to stay in the ACA market. The company had earlier said it would leave in the wake of a state court's Sept. 9 rejection of the insurer's attempt to force through a proposed 27%...

EmblemHealth to lay off workers

EmblemHealth to lay off workers

By Jonathan LaMantia, Crain's New York Business  |  April 20, 2016

EmblemHealth issued layoff notices to 250 staff members, effective in 90 days, kicking off a potentially ugly fight between the insurer and its workers. Emblem is hiring TriZetto in a bid to save money by automating processes and upgrading technology.

'Turnaround was job one. Now we are moving forward'

'Turnaround was job one. Now we are moving forward'

By Modern Healthcare  |  April 09, 2016

Last fall, Karen Ignagni took over as CEO of EmblemHealth—a financially troubled New York insurer with 3.2 million covered lives—after 22 years at the helm of America's Health Insurance Plans. She recently discussed the challenges she faces in her new position.

The health insurance industry's identity crisis

The health insurance industry's identity crisis

By Bob Herman  |  January 30, 2016

Most insurers have embraced the ACA, and it has helped many of them financially through the tacit encouragement of products such as high-deductible plans. But many still puzzle over how to pivot beyond what was long the core of their business: employer-based plans and holding down medical claims.

Big insurer defections signal AHIP's fading clout

Big insurer defections signal AHIP's fading clout

By Bob Herman  |  January 09, 2016

Aetna's departure from AHIP months after UnitedHealth Group bolted is further evidence that the large national insurers are increasingly happy to fight their own battles on Capitol Hill, such as shepherding their pending mega-mergers and negotiating changes to the ACA marketplaces.

Ignagni steps into role as EmblemHealth president and CEO

Ignagni steps into role as EmblemHealth president and CEO

By Barbara Benson, Crain's New York Business  |  September 15, 2015

On Sept. 1, Karen Ignagni started a new chapter in her career far from Washington, D.C., where she spent two decades as the head of the insurance industry's lobbying group, AHIP. Now she is the caretaker of EmblemHealth, which insures 3.2 million people.

AHIP's move signals ACA acceptance

AHIP's move signals ACA acceptance

By Bob Herman  |  July 18, 2015

The decision last week to hire Marilyn Tavenner as CEO of America's Health Insurance Plans signals that the powerful lobbying group has accepted the Affordable Care Act as the new business environment and that it wants a CMS insider to help during the next phase of market development.

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