United Health Care expressed concern about insuring members enrolled in ACA-related plans citing deep flaws in the Affordable Care Act. However, the head of the California exchange had harsh words for United, essentially rebuking this view. Read more here.
It is BlueShield of CA! Read here for more specifics.
The federal health insurance exchange healthcare.gov has gotten a bit of a makeover to make shopping for health insurance a bit easier and more intuitive for the consumer. Read more here.
Oscar Health, a new health plan startup that advertises itself on being different from traditional payers, is coming to the California HIX in 2016 into the Orange County and Los Angeles markets. This is a big win for the newbie insurer who thus far is only in the New York market and has 40,000 members. However, Wall Street is bullish on this tech-style startup health plan giving it a valuation of $1.5 billion.
Read more here.
In what is most likely just the beginning, Noridian, the contractor responsible for the failed rollout of Maryland’s state-run health insurance exchange, has agreed to pay the state and the federal government $45 million. Noridian was awarded a $170 million contract which ultimately produced an online exchange that failed within minutes (no exaggeration) after the 10/1/13 go live. Ultimately, the state’s HIX was able to be fixed by another contractor and has insured around 289,000 lives as of the last reporting period.