Salaries and bonuses were up across the board in 2015 for top leaders at Health Care Service Corp. even though the Blue Cross and Blue Shield insurer suffered substantial losses in the ACA marketplaces. The highest-paid executive was former CEO Patricia Hemingway Hall, who made nearly $16.6 million.
BlueCross BlueShield of Tennessee announced Monday that it is withdrawing from the Affordable Care Act exchanges next year in the state's three largest markets: Memphis, Nashville and Knoxville.
None of the topics for the much anticipated first official debate between presidential candidates Hillary Clinton and Donald Trump address health policy specifically, but it's certainly possible issues such as the ACA's insurance exchanges and prescription drug prices will be discussed.
Illinois insurance regulators are reminding customers of Land of Lincoln Health that they must enroll in a newhealth insurance policy with a different company by the end of the month or they'll have a gap in coverage.
Blue Cross and Blue Shield of Nebraska, the state's dominant health insurance company, said Friday it will not sell individual plans on the insurance marketplace for 2017. However, it is not a full exit, as the insurer will keep a small presence in the off-exchange market.
Chicago-based Health Care Service Corp. is planning to lay off 70% of its IT infrastructure staff and offshore the jobs to a foreign country, according to a trade magazine for technology workers.
Consolidation in the insurance industry means Medicaid beneficiaries have fewer coverage options under managed care, according to a new analysis from PWC.
Highmark Health, the Blue Cross and Blue Shield affiliate and hospital system based in Pittsburgh, is still losing money on its Affordable Care Act business. And the company will continue to pursue litigation of the law's risk-corridor funding despite the government's willingness to settle.
The CMS is teaming up with state Medicaid directors to set guidelines for managed Medicaid plans to ensure network adequacy.
Five Republican House members on the Energy and Commerce Committee sent a letter Tuesday to HHS Secretary Sylvia Mathews Burwell demanding answers to how the federal government is handling a much-maligned insurance provision within the Affordable Care Act.
Health insurers that sell plans on the federal HealthCare.gov marketplace may not face “enforcement remedies” in 2017 if they fail to follow all of the rules around consumer complaints, the CMS said in a recent memo.
Hundreds of UnitedHealthcare beneficiaries can sue the insurer as a class over its mental health coverage, a California federal judge ruled Monday.