Latest Health Insurance Headlines

All the headlines from our Health Insurance Topic Page, ordered by recency.

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 AIG...

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 exploring...

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 // 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 determined in the general election that takes...

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...

Cigna Says Express Scripts Acquisition Passes Antitrust Review

Sep 17 2018 // Health insurer Cigna Corp.’s $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co. has passed U.S. antitrust scrutiny, the companies said on Monday, allowing them to proceed with a...

3 New Insurers OK’d to Do Business in Arkansas

Aug 30 2018 // Arkansas Insurance Commissioner Allen Kerr has approved three new insurance companies to conduct insurance business in that state.Authority was granted to West Bend Mutual Insurance Co. (WBM) of West Bend, Wisconsin, to...

China’s Anbang Weighs Sale of Hexie Health Insurance: Sources

Jul 16 2018 // Anbang Insurance Group Co. is weighing a sale of its Hexie Health Insurance Co. unit as the troubled Chinese firm reviews its assets for possible divestment, according to people familiar with the matter.The insurer is in...

Canadian Health Insurers Reluctant to Provide Cover for Medical Marijuana

Jul 13 2018 // Sun Life Financial, Canada’s No. 2 insurer, recently started covering medical marijuana in its Canadian health insurance plan – more than 17 years after the country first legalized it.The coverage, which requires...

Some Health Insurers Say They’ll Be Squeezed by Obamacare Subsidy Freeze

Jul 9 2018 // Affordable Care Act insurers are facing a fresh round of uncertainty that could drive up premiums or push companies to stop offering coverage through the law, after the Trump administration’s latest move to cut off...