Health insurance rates for 2016 are on the rise in Massachusetts, according to The Boston Globe.
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For 2014, health plans reimbursed customers $478 million in rebates as a consequence of the Medical Loss Ratio provision in the Affordable Care Act, equating to approximately $129 per benefiting family, according to a data aggregation from Mark Farrah Associates.
Blue Cross Blue Shield of Massachusetts will use Waltham, Mass.-based Alegeus' platform to assist its members in consumer directed health plans.
Portland-based Oregon Health and Science University's $1 billion investment in early detection cancer research is expected to create an economic windfall, according to the Oregonian.
The following insurers made headlines this week. They are listed below, beginning with the most recent.
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Brick, N.J.-based Ocean Medical Center's cancer center expansion plan just got a $1 million injection from an anonymous donor, the hospital's foundation said Tuesday.
PPO plans on the Affordable Care Act marketplace declined significantly from 2015 to 2016, with 28 percent dropped and 39 percent reduced, according to a report from Robert Wood Johnson Foundation.
By 2018, Blue Cross Blue Shield of Michigan will cut $300 million in costs, according to Crain's Detroit Business.
Burlington, Mass.-based Lahey Hospital & Medical Center has partnered with The Al Khalidi Hospital & Medical Center in Jordan to open a new women's health center.
Bloomfield, Conn.-based Cigna has settled a string of shareholder class-action lawsuits that were filed over its proposed merger with rival health insurer Indianapolis-based Anthem, according to a recent Securities and Exchange Commission filing.