Losses in smaller markets create instability as the looming mergers of big insurers also play out.
Affordable Care Act
Posted inBusiness, Maine, News
Aetna backs out of plan to enter Maine health insurance marketplace
The company’s move reflects the difficulty of accurately predicting costs in a program that is just entering its fourth year.
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Posted inBusiness, Health, Maine, News
Health insurance co-op sues federal government, says it’s owed $22.9 million
Community Health Options says a program to cover higher-than-expected costs under the Affordable Care Act hasn’t helped offset losses incurred in 2015.
Posted inBusiness, Health, News
U.S. sues to block two mergers of large health insurance companies
Consumers and competition would suffer if Anthem takes over Cigna and Aetna absorbs Humana, antitrust regulators say.
Posted inBusiness, Maine, News
Community Health Options takes bigger loss than expected in May
But the nonprofit health cooperative is still on track to stabilize its finances, the Maine Bureau of Insurance says.
Posted inHealth, Maine, News
Young Mainers show most dislike for Affordable Care Act in new poll
The poll also reveals that residents are evenly divided in their opinions of the health care law, but more are in favor than the national average.
Posted inEditorials, Opinion
Our View: Forced part-time work a growing economic reality
As the percentage of Mainers in retail and other service jobs increases, state programs should adapt.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Wealth – or lack of it – needn’t be major factor in determining lifespan
Franklin County offers an example of how a poor area can focus on health to the benefit of all.
Posted inBusiness
Maine-based health insurance co-op losses less than expected
Community Health Options, a nonprofit established as part of the Affordable Care Act, issues a first-quarter report that shows it took $8.4 million from reserves to cover losses, nearly 13 percent less than it anticipated.
Posted inHealth, Maine, News
Aetna to offer individual plans in Maine’s ACA marketplace
Aetna will join Community Health Options, Harvard Pilgrim and Anthem Blue Cross Blue Shield in offering individual plans in the new year.