The following insurers made headlines this week. They are listed below, beginning with the most recent.
1. Humana posts large profits despite 24% decline in commercial members
Humana reported losses related to its Affordable Care Act plans in the second quarter of 2016, but growth in its Medicare Advantage membership provided a financial boost.
2. UnitedHealthcare pays out $148M in quality bonuses to 1.9k physicians
UnitedHealthcare awarded $148 million in quality of care bonuses to more than 1,900 physicians who hit particular performance benchmarks for Medicare Advantage members.
3. Despite positive Q2 results, Aetna halts plans to participate in more ACA exchanges
Despite operating income growth, Aetna plans to scale back its offerings on the 2017 Affordable Care Act exchanges.
4. Missouri Care inks deal with BJC after failing to reach contract with SSM Health
Missouri Care inked a deal with St. Louis-based BJC HealthCare and Washington University Physicians that will give 117,000 patients access to BJC facilities.
5. Molina Healthcare gains 328k members in 3 acquisitions
Molina Healthcare will add approximately 328,000 members to its roster through separate transactions with Aetna, Humana and Universal American.
6. New Mexico insurance co-op sues feds over risk adjustment
New Mexico Health Connections is the latest insurance co-op created under the Affordable Care Act to file suit against the federal government.
7. BCBS of Texas to drop 470 Kelsey-Seybold physicians, affecting up to 100k patients
Blue Cross and Blue Shield of Texas plans to terminate its in-network contract with Kelsey-Sebold Clinic, affecting 100,000 patients.