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Health Insurance Exchanges

How California is combating ACA uncertainty

To keep its state-based exchange stable, Covered California is boosting its marketing budget and allowing insurers that incur unexpected losses next year to make higher profits in the years ahead. It's one example of how states are shoring up their own marketplaces, instead of waiting for the...

New York approves 14.6% rate hike for health plans

Although insurers asked for a 17.7% increase, New York's Department of Financial Services approved a 14.6% bump as it factored in the potential loss of cost sharing–reduction payments that insurers use to cover out-of-pocket expenses for lower-income consumers.

New deal provides healthcare coverage for rural Nevada

The deal with Centene Corp. in partnership with the Nevada-based Hometown Health will help ensure coverage is available to all Nevadans, after Anthem Blue Cross and Blue Shield pulled out of the state's healthcare exchange.

CBO: End of CSRs would add to federal deficit

CBO: End of CSRs would add to federal deficit

The CBO says that ending CSR payments to insurers would cost the federal government more than continuing to pay them, because insurers would hike premiums, and subsidies would then rise as well.

Molina records $230 million loss in second quarter

Molina records $230 million loss in second quarter

The Long Beach, Calif.-based health insurer, which fired its CEO and CFO in May, announced a plan to restructure the company after an ugly quarter driven by high medical costs and ACA marketplace losses.

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