The Blue Cross and Blue Shield Association will build a private health insurance exchange in the hopes of retaining workers who age into the Medicare program, the not-for-profit health plan group said Friday.
If UnitedHealth Group's first-quarter earnings report on April 16 is a harbinger, other publicly traded health insurers will soon be popping their own Champagne corks.
Provider-owned health plans continue to spring up or get larger as more hospitals and physician groups are moving to take on financial risk for their patients under value-based and capitated payment contracts.
Policy experts worried lower-income people would get bumped back and forth between Medicaid and exchange plans under the Affordable Care Act. A Modern Healthcare survey of exchanges and insurers suggests such disruption has been minimal.
California Insurance Commissioner Dave Jones laid into Anthem Blue Cross of California on Wednesday, calling the health insurer's 8.7% rate increase this year on individual plans “unjustified and unreasonable.”
Private health insurance exchange eHealth lost $2.1 million in the first quarter this year and has lost hundreds of thousands of individual exchange members in the past year, the company reported Friday.