Latest Health Insurance Headlines
All the headlines from our Health Insurance Topic Page, ordered by recency.
Lawmakers Cite Own Experiences in Grilling Drug Executives on Prices
Mar 1 2019 // Channeling the ire of constituents and drawing from personal experience, senators chastised drug company executives Tuesday over the high cost of prescription medications, while the CEOs warned that government price...
Anthem, Cigna in Court Battles Over Failed Merger
Feb 25 2019 // There’s no dispute that a $48.9 billion merger announced in 2015 between health insurers Anthem Inc. and Cigna Corp. imploded two years later over antitrust concerns. Now, the question is whether one owes the other...
Bill Creating North Dakota Health Reinsurance Pool Advances
Feb 22 2019 // Proposed legislation in North Dakota that would establish invisible reinsurance pool for the individual health insurance market, unanimously passed the North Dakota House of Representatives, the state insurance department...
North Dakota Insurance Regulator Appeals Court Ruling on Air Ambulance Balance Bills
Feb 21 2019 // The North Dakota Insurance Department has appealed a ruling from a U.S. District Court invalidating a law protecting individuals with health insurance from receiving large and unexpected balance bills to the 8th Circuit...
Munich Re’s India Partner Weighs Selling Health Insurer Stake: Sources
Feb 13 2019 // Prathap C. Reddy and his family, founders of India’s Apollo Hospitals Enterprise Ltd., plan to sell their holdings in an insurance venture with Munich Re AG to repay debt, people with knowledge of the matter...
Former Top AIG Executive Sankaran Joins Health Insurtech Oscar as CFO
Feb 6 2019 // Technology-driven health plan Oscar has named former American International Group executive Sid Sankaran as its new chief financial officer. Sankaran, who will join Oscar on March 1, was named chief financial officer at...
Trump Plan to Curb Drug Prices Targets Rebates to Pharmacy Benefit Managers
Feb 1 2019 // The Trump administration proposed ending a complex system of drug rebates that influence tens of billions of dollars in U.S. pharmaceutical spending, a move that could upend the relationship between drugmakers and pharmacy...
Anbang Insurance Assets for Sale Include Manhattan Building, Health Insurer, Hotels
Jan 25 2019 // Anbang Insurance Group Co., which symbolized the era of mega-acquisitive Chinese companies that later had to reverse their buying binges, is continuing to whittle down its empire. The Beijing-based conglomerate is...
Effect of Judge Ruling Affordable Care Act Unconstitutional Delayed for Appeal
Dec 17 2018 // Obamacare was struck down by a Texas federal judge in a ruling that casts uncertainty on insurance coverage for millions of U.S. residents, drawing sharp condemnation from some medical professionals and a vow for action by...
Delle Joins Missouri’s Town and Country Insurance Agency
Nov 16 2018 // Troy, Missouri-based Town and Country Insurance Agency has hired Angie Delle as a Medicare specialist and producer. Delle will handle everything from Centers for Medicare & Medicaid Services (CMS) compliance and field...
Health Insurer Aetna Faces $25M Verdict in Oklahoma Coverage Case
Nov 9 2018 // A jury has ordered Aetna to pay more than $25 million to the family of an Oklahoma City woman who died a year after the insurance company refused to cover a type of radiation therapy. Jurors found that Aetna doctors...
LMC Insurance to Offer Health Insurance Pool for Mid-Size Iowa Firms
Oct 31 2018 // LMC Insurance and Risk Management (LMC Insurance) is launching a new health insurance plan underwritten by Wellmark Blue Cross and Blue Shield for Iowa-based employers with 51-500 eligible employees. The program, referred...
Small Firms’ Access to Low Cost Health Plans Depends on State
Oct 29 2018 // As small business owners shop for 2019 health insurance, some will for the first time have the chance to join forces and buy cheaper insurance – depending on which state they’re in. New rules that began going into...
New Jersey Insurance Broker Stole Nearly $1M While Selling Fake Health Insurance
Oct 26 2018 // An insurance broker who stole nearly $1 million while continuing to sell health care coverage he knew was fake has been sentenced to 18 months in prison. David Clark, 75, of Morristown, N.J., previously pleaded guilty...
BRP Partners with Medicare Division of Trilogy Financial Group of Florida
Oct 24 2018 // Baldwin Risk Partners (BRP), a Tampa, Fla., based insurance distribution holding company, has completed the formation of its partnership with the Medicare Division of Trilogy Financial Group, a financial agency based in...
Land O’Lakes, Gravie to Expand Farmer Health Insurance Plan in Minnesota
Oct 22 2018 // Land O’Lakes Inc. and Gravie will expand their Farmer Health Insurance Plan in next year in Minnesota. When a law was passed in Minnesota last year allowing agricultural co-op members to band together to purchase...
Glen Mulready, Candidate for Oklahoma Insurance Commissioner
Oct 18 2018 // Oklahoma Insurance Commissioner Election 2018 The office of the insurance commissioner in Oklahoma is an elected position. The current commissioner, John D. Doak, is term limited and cannot run again; his successor will be...
U.S. Clears Way for CVS Acquisition of Aetna That Promises Consumer Cost Savings
Oct 11 2018 // Pharmacy chain CVS Health Corp. won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc., the Justice Department said on Wednesday, paving the way for a combination with potential to cut...
Why Hospitals Charge Auto Insurance, Workers’ Compensation Patients Much More Than Health Insurers
Oct 1 2018 // Insurer market power matters in hospital pricing. Patients with automobile, workers’ compensation, and other non-conventional commercial insurance plans paid much higher prices than patients with HMO/PPO health...
Glen Mulready, Republican Candidate for Oklahoma Insurance Commissioner
Oct 1 2018 // Glen Mulready has 35 years of experience in the insurance industry and is a member of the Oklahoma House of Representatives. He previously served as the House insurance committee chair and is now the floor leader...
