The controversial co-founder and former CEO of life insurance giant Conseco Inc. (now CNO Financial Group Inc.) spearheaded the purchase of a small life insurance company operated out of Texas and plans to gradually build up its operations here.
The U.S. government will limit a process that allowed people to sign up for health insurance under Obamacare outside of the normal enrollment period, after insurers complained that the special periods were letting people into the program only when they got sick.
Anthem, which contracts with Express Scripts to manage drug costs for its members, said the pharmacy manager should be passing along about $3 billion a year more in the savings it negotiates from drug companies.
With Aetna’s departure, two of the five biggest public U.S. health insurers will have ditched America’s Health Insurance Plans. The other three—Anthem Inc., Cigna Corp. and Humana Inc.—are still members
UnitedHealth Group Inc. should have stayed out of Obamacare's new individual markets longer, the CEO of the health insurer said Tuesday. The company expects losses from the plans this year and next to total more than a half-billion dollars.
To reduce turbulence in Obamacare’s fledgling insurance markets, the Obama administration’s top health official is pushing to get more information to consumers about what they’ll actually pay for health care.