UnitedHealth Group News

Tennessee Says At Least 15% of State Affected by UnitedHealth Withdrawal

The Tennessee Department of Commerce & Insurance (TDCI) is notifying consumers that UnitedHealthcare Insurance Company will no longer offer coverage to Tennessee consumers through the Federally Facilitated Marketplace (FFM). UnitedHealth Group Inc. announced this week it will drop out of …

UnitedHealth to Drop Individual Obamacare Plans in Multiple States

UnitedHealth Group Inc. will drop out of government-organized health insurance markets in at least 16 states as the U.S. industry leader tries to stem losses from participating in Obamacare, the healthcare overhaul that has brought coverage to millions of people. …

Health Insurers in Kansas Support Network-Only Plan Proposal

Insurance providers have asked Kansas lawmakers to approve a measure that would allow them to offer health plans requiring customers to only use the insurers’ network. The plans are called Exclusive Provider Organization, or EPOs. The Topeka Capital-Journal reports the …

Health Insurers in Arkansas Owed More than $7.1M in Rebates for 2014

Arkansas consumers and businesses are owed more than $7.1 million from health insurers because those companies collected too much in premiums last year than what they spent on medical care, according to federal officials. The rebates were triggered by the …

How Long Will Health Insurers Remain Patient with Obamacare?

The fate of Barack Obama’s signature health- care law may depend on how long Anthem Inc. and Aetna Inc. are willing to wait before starting to make money off it. The two insurers are on the hot seat now that …

Fosun to Buy 51% Stake in Espirito Santo

Rioforte Investments SA will sell a 51 percent stake in Espirito Santo Saude SGPS SA to Fosun Group’s Fidelidade unit after that bidder raised its offer price for the Portuguese hospital operator. Rioforte said it agreed to sell the 51 …

California Commissioner Sued by UnitedHealth Over Fine

UnitedHealth Group has sued California Insurance Commissioner Dave Jones to block a $173.6 million fine the insurer incurred for violations during a botched acquisition. The lawsuit was filed last week in Orange County Superior Court, the Los Angeles Times reported. …

Firm Running R.I. Health Exchange’s Call Center an Affiliate of Health Insurer

The company that was awarded a $24 million contract to operate the Rhode Island health benefits exchange’s customer service center is an affiliate of one selling plans on the exchange, but state officials say there are built-in protections to prevent …

New York State Psychiatric Association Files Suit Against UnitedHealth

The New York State Psychiatric Association and consumers with health insurance from UnitedHealth Group Inc on Monday sued the company over mental health benefits, saying it had not provided the treatments that federal and state laws require. The suit, which …

Health Insurer UnitedHealth Vows to Keep Reforms Whatever Court Decides

UnitedHealth Group Inc., the largest U.S. health insurer by market value, said it would maintain the health coverage protections included in President Barack Obama’s healthcare law regardless of how the Supreme Court rules on the legislation. The Supreme Court is …